Patel Retail IPO Listing On Tuesday: What Does GMP Signal? Know Share Price Prediction | Ipo News


Last Updated:

Patel Retail IPO Listing Date: Its unlisted shares are commanding a GMP of Rs 48, or 18.82% over the issue price of Rs 255, indicating strong listing gains on August 26.

Click to add News18 as a preferred source on Google
font
Patel Retail IPO Listing Date And GMP.

Patel Retail IPO Listing Date And GMP.

Patel Retail IPO Listing Date: Supermarket chain Patel Retail is set to make its stock market debut on Tuesday, August 26, 2025, with its shares scheduled for listing on both the BSE and NSE. The IPO, which concluded on August 21, 2025, witnessed a blockbuster response from investors, raising expectations for a strong listing day performance.

Patel Retail IPO GMP Today

According to market observers, Patel Retail’s shares are commanding a grey market premium (GMP) of Rs 48, or 18.82% over the issue price of Rs 255. This indicates that the stock is trading at Rs 303 in the unlisted market, hinting at a likely premium listing if the momentum sustains.

GMP is considered an early indicator of listing price trends, though market conditions on the day of debut also play a crucial role.

Patel Retail IPO: Listing Day Expectations

Going by the robust oversubscription and a healthy grey market premium, Patel Retail is expected to list at a premium of 15-20% over its issue price. If GMP trends hold, the stock could open near Rs 300 levels, rewarding investors who secured allotments.

Patel Retail IPO: A Step-by-Step Guide To Check Allotment Status

Step 1: Visit the Official IPO Allotment Website

Go to the registrar’s website handling the IPO. For Patel Retail, the registrar is usually Link Intime India Pvt. Ltd. The website link is: https://linkintime.co.in.

Step 2: Navigate to the IPO Allotment Section

Look for a tab or link that says “IPO Allotment Status” or “Check Allotment”.

Step 3: Select Patel Retail IPO

From the dropdown or search bar, select Patel Retail IPO.

Step 4: Enter Your Details

You will need PAN Number (mandatory), Application Number / DP ID & Client ID (for demat applications)

Step 5: Submit Your Details

Click on Submit or Check Status.

Step 6: View Allotment Status

Your screen will display whether you have been allotted shares or not. If allotted, it will also show number of shares allocated.

Alternative Methods

Stock Exchange Websites: You can also check allotment status on BSE (https://www.bseindia.com) or NSE (https://www.nseindia.com) by searching for Patel Retail IPO allotment.

Mobile App / Bank Portal: Some brokers and banks also provide IPO allotment status via their apps or net banking.

Refund / Share Credit

If you are allotted, shares will be credited to your demat account. If not allotted, the application money will be refunded to your bank account.

IPO Subscription Response

The three-day subscription window for the IPO, open between August 19 and August 21, saw overwhelming investor participation. The issue was subscribed 95 times, with bids placed for 74.79 crore shares against 0.78 crore shares on offer. Such high demand reflects strong investor confidence in the company’s growth potential.

Fund Utilisation and Issue Structure

Patel Retail aimed to raise Rs 242.76 crore through a mix of fresh equity and offer-for-sale (OFS).

  • Fresh issue: 0.85 crore shares worth Rs 217.21 crore
  • OFS: 0.10 crore shares worth Rs 25.55 crore

The company has earmarked the IPO proceeds for debt repayment (Rs 59 crore), working capital requirements (Rs 115 crore), and general corporate purposes.

The IPO price band was fixed at Rs 237–255 per share, with a face value of Rs 10. The minimum lot size was 58 shares (Rs 13,746 for retail investors), while high-net-worth individuals (HNIs) were required to bid in larger multiples.

Fedex Securities Pvt Ltd acted as the book-running lead manager, while Bigshare Services Pvt Ltd served as the registrar of the issue.

authorimg

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

News business » ipo Patel Retail IPO Listing On Tuesday: What Does GMP Signal? Know Share Price Prediction
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *