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Patel Retail Ltd, a diversified retail and food processing company, has received an export order valued at INR 22 crore, taking its overall export order book to INR 50 crore. The order covers markets in Europe, the UK, Canada, Australia, New Zealand, and Singapore. Consignments will be processed at its facilities in Ambernath, Thane, Mumbai, and Gujarat. The company noted that a large share of these orders came from repeat clients, pointing to consistent demand. Patel Retail exports to over 35 countries and recently drew strong interest during its IPO.
Patel Retail Ltd announced that it has received a fresh export order worth INR 22 crore, adding to its growing pipeline of international business. With this latest achievement, the company's total export order book now stands at around INR 50 crore. Advertisement
The new orders are spread across multiple international regions, including Europe, the UK, Canada, Australia, New Zealand and Singapore, which the company said reflects the steady increase in global demand for its products. Patel Retail will execute these consignments through its production and processing units located in Ambernath, Thane, Mumbai, Maharashtra and Gujarat.
According to the company, the export book is significant not only because of its value but also because it includes repeat orders from long-term clients, highlighting ongoing trust and stable business relationships. The company added in its filing that maintaining these repeat orders shows continued customer satisfaction and reinforces its position in overseas markets.
Patel Retail is a recognised export house with operations across food processing, value retail supermarkets and agri-processing. The company currently exports to more than 35 countries and has established a strong base in international trade over the years.
In addition to its operational growth, Patel Retail recently came into focus for its initial public offering (IPO), which closed in August and saw subscriptions of around 95.70 times, demonstrating high investor interest. The funds raised through the IPO were earmarked for working capital, repayment of certain borrowings, and general corporate purposes. This move has added financial strength at a time when its export operations are expanding steadily.
The company has built a reputation for supplying a range of food and agri-processed products that meet international standards, which has allowed it to develop a consistent customer base in markets across the world. Its export facilities in Maharashtra and Gujarat provide the scale to meet large orders while maintaining quality.
Source PTI
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