Date: Saturday, June 6, 2026
Operational / Strategic Disclosures
Patel Retail Limited has opened its 52nd Patel's R Mart store at H. No 457 Bapgaon, Bhiwandi. This new store strengthens the company's presence across the Mumbai Metropolitan Region (MMR) and reflects its continued focus on enhancing accessibility in suburban and emerging urban markets.
The store opening reinforces the company's cluster-based expansion strategy and is expected to strengthen its market presence in a rapidly growing residential and commercial catchment. The store is strategically positioned to improve customer reach, enhance brand visibility, and support long-term growth.
According to Mr. Dhanji Patel, Chairman & Managing Director, the location was selected after a detailed assessment of demographics, consumer demand, catchment potential, and long-term growth prospects. He noted that Bhiwandi continues to emerge as an important economic and residential hub within the MMR, supported by strong population growth and infrastructure development.
Company Background
Patel Retail Limited is a diversified retail and food processing company headquartered in Ambernath, Mumbai with operations across MMRDA region. The company combines modern retail formats with backward integration in agri-processing to ensure quality, cost efficiency, and supply reliability.
The company operates 52 stores with an expanding footprint in Thane, Raigad and Palghar District. It has in-house brands including Indian Chaska for spices and flavourings, Patel Fresh for pulses, nuts, and dry fruits, and Patel Essential for household and cleaning products.
The company maintains food processing units in Dudhai, Gujarat, and a facility in Ambarnath MIDC. The company's shares were listed on BSE and NSE on August 26, 2025 following a successful Initial Public Offering in August 2025.