New Delhi, Nov. 8 -- Anand Rathi anticipates a 14% upside for Patel Retail over the next month. The brokerage has established a target price of Rs.242 for the stock.

Patel Retail Limited launched its initial public offering (IPO) in August 2025, setting an issue price band of Rs.255 per share and experiencing a listing at a premium close to Rs.300 per share on its debut day.

Since the IPO launch, Patel Retail share price has decreased from its high, and as of early November 2025, it is trading around Rs.216 per share on the NSE/BSE, reflecting about a 28% drop from the IPO listing price of Rs.300.

Patel Retail Limited operates as a varied retail and food processing organization, maintaining a significant foothold in value retail superm...