Patel Retail IPO Listing: Shares List at Nearly 20% Premium on NSE at ₹300, BSE at ₹305 After 95.7x Subscription
- 26th August 2025
- 12:00:00 PM
- 3 min read
Summary
Patel Retail shares debut 20% above IPO price at ₹300–₹305 after 95.7x subscription. IPO proceeds to fund debt repayment, working capital, and retail expansion.
Mumbai | August 26 – Patel Retail share price today: Shares of Patel Retail made a strong stock market debut on Tuesday, August 26, listing at nearly 20% above the IPO price. The robust listing came after the IPO received massive investor interest, being subscribed more than 95 times.
Patel Retail Share Price on NSE and BSE
On the National Stock Exchange (NSE), Patel Retail shares opened at ₹300 apiece, up 17.65% from the issue price of ₹255. On the BSE, the stock debuted at ₹305, reflecting a 19.61% premium.
At the time of listing, Patel Retail’s market capitalisation stood at ₹1,018.72 crore, underscoring the scale of investor confidence.
Patel Retail IPO Subscription and Demand
The ₹242.76 crore IPO comprised a fresh issue worth ₹217.21 crore and an offer for sale (OFS) of ₹25.55 crore by promoters Dhanji Raghavji Patel and Bechar Raghavji Patel.
The IPO witnessed overwhelming demand, receiving bids 95.70 times the shares on offer.
- Qualified Institutional Buyers (QIBs): 272.43 times
- Non-Institutional Investors (NIIs): 108.17 times
- Retail Individual Investors (RIIs): 42.49 times
Ahead of the issue, Patel Retail also raised ₹43.46 crore from anchor investors, attracting marquee names like BNP Paribas Financial Markets, Chanakya Opportunities Fund, Maybank Securities, Beacon Stone Capital, Saint Capital Fund, and Pine Oak Global Fund.
Also Read: Upcoming IPOs August 2025: Vikran Engg, Jain Resource, Jinkushal to Raise ₹4,700 Cr
Patel Retail Business and Fund Utilisation
Founded in 2008, Patel Retail launched its first supermarket in Ambernath, Maharashtra, and has since expanded into Thane and Raigad districts. The company operates in India’s competitive yet rapidly growing organised retail sector.
Proceeds from the IPO will be utilised for debt repayment, working capital, and general corporate purposes, strengthening the company’s financials and supporting future expansion.
Grey Market Premium and Listing Performance
The Patel Retail grey market premium (GMP) ahead of listing suggested gains of around 20%. The actual debut closely matched these expectations, signalling strong confidence from both institutional and retail investors.
Bottomline
The successful Patel Retail IPO listing reflects robust investor sentiment in India’s primary market in 2025. While near-term price action may depend on broader market conditions, investors will closely watch how the company leverages its IPO proceeds to scale operations and drive profitability in the competitive retail industry.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
