Markets / IPO / Patel Retail

Patel Retail IPO

Updated 17:57

Mainboard IPO on NSE and BSE · Diversified Retail

Status

Listed

Price band

₹237–255

Lot size

58 shares · ₹14,790

Subscribed

95.70×

How it listed

Issue price

₹255

Listing price (open)

₹300.00 +17.65%

First-day close

₹287.70 +12.82%

Price now

₹251.17 -1.50%

Listing day	26 Aug 2025
Open / high / low / close	₹300.00 / ₹305.00 / ₹285.55 / ₹287.70
Shares traded on NSE	38,59,718
Market value at the listing-day close	₹961 cr

Closing prices since listing: 26 Oct ₹233.06, 27 Oct ₹236.89, 28 Oct ₹234.26, 29 Oct ₹239.93, 30 Oct ₹239.19, 2 Nov ₹242.48, 3 Nov ₹243.66, 4 Nov ₹245.75, 5 Nov ₹242.31, 6 Nov ₹251.06.

Patel Retail share price, live chart and technicals →

Key dates

Bidding opens	19 Aug 2025
Bidding closes	21 Aug 2025
Allotment	22 Aug 2025
Refunds and shares in demat	25 Aug 2025
Listing	26 Aug 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Institutions (QIB)	11,36,312	14.54%	–
HNI / NII	23,67,250	30.29%	–
HNI, above ₹10 lakh	15,78,167	20.19%	400
HNI, ₹2–10 lakh	7,89,083	10.10%	971
Retail	42,61,050	54.52%	73,466
Employees	51,000	0.65%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	58	₹14,790
Retail (maximum)	13	754	₹1,92,270
Small HNI (minimum)	14	812	₹2,07,060
Small HNI (maximum)	67	3,886	₹9,90,930
Big HNI (minimum)	68	3,944	₹10,05,720

At ₹255 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 42

Retail allotments available

73,466 × one lot

Retail portion subscribed

42.49×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	11,36,312	30,95,62,472	272.43×
HNI / NII	23,67,250	25,60,77,192	108.17×
HNI, above ₹10 lakh	15,78,167	16,12,13,552	102.15×
HNI, ₹2–10 lakh	7,89,083	9,48,63,640	120.22×
Retail	42,61,050	18,10,56,048	42.49×
Employees	51,000	12,93,748	25.37×
Total	78,15,612	74,79,89,460	95.70×

NSE and BSE bids together, as of 21 Aug 2025 19:00.

Demand at each price

Top price ₹255	5,991.11 lakh shares	80.0%
Cut-off final price, whatever it is; mostly retail	1,488.07 lakh shares	19.9%
Lower prices ₹237–254	6.26 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	18 Aug 2025
Lock-in ends for the first 50% (30 days)	20 Sept 2025
Lock-in ends for the remaining 50% (90 days)	19 Nov 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹852 cr	₹839 cr
P/E (last 12 months' profit)	20.5	20.2

Revenue, last 12 months	₹1,175 cr
Profit, last 12 months	₹42 cr
Return on equity	11.4%
Debt to equity	0.34

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Diversified Retail

Company	Listed	Subscribed	On listing	Since IPO
Vishal Mega Mart	18 Dec	27.28×	+33.33%	+20.51%

IPO details

Price band	₹237–255
Final issue price	₹255
Lot size	58 shares
Minimum investment	₹14,790 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Diversified Retail
Issue size	₹242.76 crore (about 95.20 lakh shares) · Fresh issue + offer for sale: fresh ₹217.21 cr, offer for sale ₹25.55 cr
ISIN	INE0R8B01010
Registrar	Bigshare Services Private Limited Helpline: 62638200, ipo@bigshareonline.com
Lead managers	Fedex Securities Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 22 Aug 2025. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Patel Retail IPO price band and lot size?

The price band is ₹237–255 per share, and one lot is 58 shares (₹14,790 at the upper price).

When is the Patel Retail IPO allotment date?

Allotment was finalised on 22 Aug 2025, the next working day after bidding closed on 21 Aug 2025.

How many times was the Patel Retail IPO subscribed?

In total 95.70 times, on NSE and BSE together; retail 42.49 times.

What is the Patel Retail IPO listing date?

It listed on 26 Aug 2025 on NSE and BSE.

What is the chance of getting Patel Retail IPO shares?

At least 1 in 42 retail applicants got the minimum lot: 73,466 retail allotments with the retail portion subscribed 42.49 times. Winners are picked by lottery.

When does the Patel Retail anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Sept 2025 and the 90-day lock-in on the rest ends on 19 Nov 2025; they can sell from the next trading day.

What was the Patel Retail listing gain?

It opened at ₹300.00 against an issue price of ₹255, a gain of 17.65%. It is now down 1.50% from the issue price.