Patel Retail Limited Expands Footprint with Opening of 53rd Store in Uran

Patel Retail Limited Expands Footprint with Opening of 53rd Store in Uran​

Patel Retail Limited, a diversified retail and food processing company, has announced a significant expansion of its retail network with the opening of its 53rd store. The new outlet is strategically located at Karanja Road in Uran, Raigad, further extending the Company's presence across the Mumbai Metropolitan Region (MMR).

The launch of the store aligns with Patel Retail’s strategy to intensify its retail footprint in high-growth suburban and emerging urban markets. The company aims to enhance accessibility for local communities in Uran and surrounding areas by bringing organized retail closer to consumers. Through this expansion, Patel Retail seeks to strengthen its position as a trusted neighborhood retail destination while offering quality groceries, household products, daily essentials, and value-driven items.

Commenting on the growth strategy, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, stated that the company's expansion is centered on delivering organized retail to suburban and emerging urban markets. He noted that the 53rd store in Uran exemplifies this approach, expanding the Company’s reach across the MMR.

"Every new store enables us to better serve the everyday needs of local communities by providing convenient access to quality groceries, household essentials and value-driven products through our neighbourhood retail format," Mr. Patel said. He added that management remains focused on enhancing customer convenience, strengthening long-term relationships, and creating sustainable value for all stakeholders while identifying strategic locations for future growth.

Company Overview​

Patel Retail Limited is a key player in the value-driven retail and integrated food processing sector in India, with operations spanning the MMRDA region. The company integrates modern retail formats with backward integration in agri-processing to ensure reliable supply and cost efficiency.

The company maintains a network of 53 stores across Thane, Raigad, and Palghar District, steadily strengthening its market presence in suburban areas. Patel Retail’s product portfolio includes proprietary brands such as Indian Chaska for spices and flavourings, Patel Fresh for pulses, nuts, and dry fruits, and Patel Essential for household and cleaning products.

Operations are supported by food processing units located in Dudhai, Gujarat, and a facility in Ambarnath MIDC. The retail network provides customers with convenient access to goods and also offers free home delivery via its mobile application.

The company achieved a major milestone in August 2025 when it completed its Initial Public Offering (IPO), listing its shares on the BSE and NSE on August 26, 2025.

PATELRMART Stock Price Movement​

Shares of Patel Retail Limited are creeping up to ₹224.03 as of 12:26 PM today, climbing by 0.26%. The stock has traded through a range defined by a low of ₹221.77 and a high of ₹225.59, with 17,195 shares exchanged so far in the market.