Patel Retail IPO
Retail - Listed on 26 August 2025
Patel Retail IPO listing summary
Patel Retail (Retail) closed its IPO window in 2025 and listed on NSE and BSE on 26 August 2025 at an upper band issue price of Rs 255, opening at Rs 300 for a listing gain of +17.6% and closing day one at Rs 287.7 (+12.8% on closing basis). The IPO was subscribed 95.70x overall - QIB 272.43x, HNI/NII 108.17x, Retail 42.49x. The total issue size was Rs 242.76 Cr (Fresh Issue Rs 217.21 Cr, OFS Rs 25.55 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Patel Retail IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 36 | +14.12% |
| Day 2 | Rs 36 | +14.12% |
| Day 3 | Rs 45 | +17.65% |
| Day 4 | Rs 48 | +18.82% |
| Day 5 | Rs 48 | +18.82% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Patel Retail IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Patel Retail IPO - FAQs
What was the listing gain of Patel Retail IPO?
Patel Retail IPO listed at +17.6% versus the upper issue price of Rs 255 on 26 August 2025.
How many times was Patel Retail IPO subscribed?
Patel Retail IPO was subscribed 95.70x overall. QIB portion was subscribed 272.43x, HNI / NII 108.17x and Retail 42.49x.
What was the IPO GMP for Patel Retail?
IPO GMP started at Rs 36 on Day 1 and moved to Rs 48 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.