Patel Retail Limited IPO
Patel Retail Limited was a mainboard IPO in the Diversified Retail sector, offered at ₹237–₹255 per share to raise ₹243 crore. The issue was subscribed 95.7× overall (QIBs 272.43×, NIIs 108.17×, retail 42.49×). It listed on 26 Aug 2025 at ₹300 and closed its first day at ₹288, a listing gain of +12.8% versus the ₹255 issue price. It now trades around ₹239 (-6.2% versus the issue price).
Frequently asked questions
- How many times was the Patel Retail Limited IPO subscribed?
- The Patel Retail Limited IPO was subscribed 95.7× overall — 272.43× in the QIB category, 108.17× among non-institutional investors, 42.49× in retail.
- What were the Patel Retail Limited IPO listing gains?
- Patel Retail Limited listed on 26 Aug 2025 at ₹300, closing its first day at ₹288 — a listing gain of +12.8% versus the ₹255 issue price.
- What were the retail allotment odds for the Patel Retail Limited IPO?
- Retail was subscribed 42.49×, so a single-lot application had roughly a 2.4% chance of allotment (about 1 in 42), and allotment was finalised on 22 Aug 2025.
- What was the price band and lot size of the Patel Retail Limited IPO?
- The price band was ₹237–₹255 per share, with a minimum lot of 58 shares (₹14,790 at the upper band).
- Who were the registrar and lead manager for the Patel Retail Limited IPO?
- Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.