Patel Retail Limited (PATELRMART) — Offer Document Announcement

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📢 Key Event
ICRA submits final Monitoring Agency report for Q4 FY2026 confirming no material deviation in IPO fund utilization

🔄 What Changed
Reclassification of INR 0.8788 Crore expenditure from General Corporate Purpose to Offer Related Expenses in Q4 FY2026

💡 Investor Takeaway
Shareholders can view the IPO fund utilization as fully compliant with SEBI norms and free of material deviations.

Patel Retail Limited disclosed its Q4 FY2026 Monitoring Agency Report from ICRA, confirming no material deviation in utilization of IPO proceeds. The report validates that all funds were used as per the offer document, with minor reclassifications of expenditures between General Corporate Purpose and Offer Related Expenses. Net proceeds stood at INR 189.3946 Crore after accounting for higher-than-expected issue-related costs. The company reaffirmed compliance with SEBI regulations and maintained full alignment with disclosed objectives.

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About Patel Retail Limited (PATELRMART)

Consumer Services · Retailing · Listed on NSE

Market Cap: ₹679.27 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Patel Retail Limited (PATELRMART) — Offer Document Announcement

About Patel Retail Limited (PATELRMART)

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