PATELRMARTNSEPATEL RETAIL LIMITEDMinimalNeutral
Announced Wed, 12 Aug · 13:02 IST

No deviation in use of IPO funds for Q1FY27

PATELRMART · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹226.11
prior close
₹224.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.1-0.1-1.2-4.7-2.7+1.3+1.5+5.4+3.3-3.9-7.8
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AI summary

Patel Retail filed its Q1FY27 deviation statement (quarter ended June 30, 2026) confirming NO deviation in use of IPO funds. Of 204.21 Crore raised (189.21 Cr IPO + 15 Cr Pre-IPO), utilisation is as planned: 59 Cr for loan repayment, 115 Cr for working capital, and 17.26 Cr of 30.21 Cr allocated for general corporate purposes. ICRA is the monitoring agency with no auditor comments.

Likely market impact

Confirms disciplined use of IPO proceeds, no misuse of funds, positive for shareholder confidence.