Patel Retail was originally incorporated as ‘Patel Retail’ at Ambernath, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 13, 2007 issued by the Registrar of Companies, Maharashtra, Mumbai. Thereafter, the company was converted into a public limited company, approved vide shareholders’ resolution dated July 18, 2023, pursuant to which the name of the company was changed to ‘Patel Retail Limited’ and a fresh certificate of incorporation consequent upon change of name on conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Mumbai dated August 28, 2023.Incorporated in Fiscal 2008, the company started its first store under the brand ‘Patel’s R Mart’ at Ambernath, Maharashtra and since, its operations are spread across the suburban area of Thane and Raigad district in Maharashtra.With its objective to increase margin and to promote its brand ‘Patel’s R Mart’, the company launched its private label goods comprising of Pulses (Patel Fresh) and spices (Indian Chaska), which it buys in bulk quantities and package and brand after its quality checks and inspections at its processing and packing facility at Ambernath, Maharashtra, and men’s wear (Blue Nation), home improving products (Patel Essentials), ready-to-cook / instant mix (Patel Fresh), ghee and papad (Indian Chaska) which it buy from third party vendors under its brands. Since incorporation in Fiscal 2008, it has increased its store offerings and as on May 31, 2025 it offers lots of product categories with thousands of product SKUs in its stores.As its backward integration strategy and to control its supply chain, it started its production facility in Kutch, Gujarat, where it processes peanuts and whole spices, such as coriander seed and cumin seeds.Business area of the companyThe company is primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on ‘value retail’, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family.Key Business Categories of the companyFood:Grocery, staples, cereals, pulses, oil, seeds, food additives, dry fruits.Dairy FarmChocolates ConfectionerySnacks Processed FoodBeveragesFruits VegetablesNon-Food (FMCG):OTC ProductsHome carePersonal care ToiletriesGeneral Merchandise Apparel:Bed bathStationeryToys gamesHome ApplicationsCrockeryFootwearGarmentsPlasticsUtensilsLuggage (Bags)Awards, accreditations or recognitions2019: Accorded status of Three Star Export House by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India2023: Accorded status of Four-Star Export House by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of IndiaHistory and milestones2007: Opened its 1st retail store at Ambernath, Maharashtra2009: Commencement of export business2009: Opened its 1st garments outlet/ store under the name ‘Patel R Choice’2013: Set-up its Processing and Packaging Unit (Facility 1) at its Registered Office2015: Commenced production in Facility 2 in Dudhai, Kutch, Gujarat2018-19: Received approval from Ministry of Food Processing Industries (MOFPI) for establishing an agro processing cluster in Dudhai, Kutch, Gujarat under the ‘Scheme for Creation of Infrastructure for Agro Processing Clusters of MOFPI, Government of India’ and grant-in-aid of Rs 436.00 Lakhs2019-20: Development of its Agri-cluster (Facility 3) at Dudhai, Kutch, Gujarat2019-20: Received MOFPI approval for grant-in-aid of Rs 152.25 Lakhs for setting up of Unit I for manufacturing of whole spices and oilseeds2019-20: Received MOFPI approval for grant-in-aid of Rs 243.62 Lakhs for setting up of Unit II for manufacturing of pulverised and blended spices2019-20: Received MOFPI approval for grant-in-aid of Rs 132.71 Lakhs for setting up of Unit III for manufacturing of chakki, atta, suji and atta roller2019-20: Received MOFPI approval for grant-in-aid of Rs 204.92 Lakhs for setting up of Unit IV for processing of peanut and blanching2019-20: Received MOFPI approval for grant-in-aid of Rs 121.80 Lakhs for setting up of Unit V for processing of sesame seed2022: Commencement of production at Unit I, Unit II, Unit III and Unit IV2022-23: Earned revenue exceeding Rs 1,00,000 lakh2022-23: Exports to 25 countries2022-23: Transfer of Patel R Choice, fashion garments outlet2025: The store count of the company increased to 42 stores till Fiscal 20252025: Launched Indian Chashka brand of blended spices in consumer packs