Archive · 20 Aug 2025
Patel Retail IPO Sees Strong Demand; Oversubscribed 12.83 Times
Patel Retail, a supermarket chain, is selling shares to the public through an IPO to raise money.
There's a lot of interest, with the offering being oversubscribed.
Investors can buy shares at a price between Rs 237 and Rs 255.
The IPO opened on August 19 and closes on August 21.
The company plans to raise about Rs 242.76 crore, with the shares expected to start trading on August 26, 2025.
Different brokerages have different views on the IPO.
Patel Retail's IPO opened on August 19 and is open until August 21.
The IPO was oversubscribed 12.83 times by August 20.
The price band for the IPO is Rs 237-255 per share.
The company aims to raise Rs 242.76 crore through the IPO.
Listing is expected on August 26, 2025.
- Who
- Patel Retail.
- What
- Patel Retail IPO.
- When
- Opened August 19; subscription as of August 20.
- Where
- N/A
- Why
- To raise funds for debt payment, working capital, and general corporate purposes.
Brokerage Recommendations
Brokerage Recommendations
Investment Recommendation
Brokerage Recommendations
Apply for the issue
Brokerage Recommendations
Avoid the issue
- IPO Subscription (as of Aug 20)
- 12.83 times
- IPO Price Band
- Rs 237 to Rs 255 apiece
- Lot Size
- 58 shares
- IPO Close Date
- August 21
- Listing Date
- August 26, 2025
Sources
Patel Retail IPO Day 1 LIVE Updates: GMP, price band, subscription status, apply or not as issue opens today
Patel Retail IPO opens today: Should you subscribe to it or give a skip
Patel Retail IPO Opens Today: Price Band, GMP, And Other Key Details You Shouldn’t Miss
Patel Retail IPO GMP surges 18%: Check IPO subscription and 7 ‘must know’ details
Patel Retail IPO Day 1: Grey Market Premium Rises 19%, Issue Subscribed Over 3 Times
Patel Retail IPO subscribed 6.39 times on first day of bidding
