
Retail / Consumer Goods · NSE / BSE
Patel Retail Limited operates three main facilities that handle different parts of its retail and private label business. The Ambernath unit in Maharashtra manages processing, quality checks, and packaging for products like pulses, ready mixes, and groceries. In Dudhai, Kutch, Gujarat, one facility processes agricultural items such as peanuts, coriander, and cumin, supporting the company’s backward integration strategy, while another large agri-processing cluster covers nearly 16 acres and includes multiple production units, fruit pulp processing, warehouses, cold storage, and a testing lab. Together, these are called the manufacturing facilities, with the two in Kutch known as the Kutch facilities. The company’s stores act as neighbourhood supermarkets for both daily and bulk shopping, and it also earns rental income from vendors operating inside its outlets. As of May 31, 2025, it offers 38 product categories with 10,000 SKUs, selling across several states, mainly in Maharashtra and Gujarat.
Price Band
₹237 – ₹255
Issue Size
₹243 Cr
Lot Size
58 shares
GMP
+20.4%
Est. Listing
₹307
at current GMP
Subscribed
95.66x
overall
Open
19 Aug 2025
Close
21 Aug 2025
Allotment
22 Aug 2025
Refund
23 Aug 2025
Demat Credit
24 Aug 2025
Listing
26 Aug 2025
Overall Subscription
95.66x
Total Demand
QIB Multiplier
272.14x
Institutions & Funds
NII / HNI
108.13x
High Net-Worth
Retail (RII)
42.47x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,137,512 | 309,562,472 | 272.14x |
| NIB | 2,368,250 | 256,077,192 | 108.13x |
| HNIs(10L +) | 1,579,149 | 161,213,552 | 102.09x |
| HNIs (2-10L) | 789,101 | 94,863,640 | 120.22x |
| RETAIL | 4,262,850 | 181,056,048 | 42.47x |
| EMPLOYEES | 51,000 | 1,293,748 | 25.37x |
| Total | 10,187,862 | 1,004,066,652 | 95.66x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 1,945 | 24,183 | 12.43x |
| HNIs (2-10L) | 972 | 76,559 | 78.76x |
| RETAIL | 73,497 | 1,909,627 | 25.98x |
| Employee | — | 11,848 | 0.00x |
| Total Applications | 76,414 | 2,022,217 | 26.46x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Patel Retail Limited is bringing an initial public offering (IPO) in the Retail / Consumer Goods sector with an aggregate issue size of ₹242.76 Crores. The shares are offered at a price band of ₹237 to ₹255 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 58 shares (approx. ₹14,790 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-24, while un-allotted funds or UPI block mandates will be released on 2025-08-23.
The latest Grey Market Premium (GMP) for Patel Retail Limited IPO is ₹52 per equity share. Based on the upper price band of ₹237 to ₹255 per equity share, the estimated listing price is ₹307 (+20.4% expected listing gain).
With a lot size of 58 shares and current GMP of ₹52, the expected profit per application lot is approx ₹3,016 (+20.4% gain). Minimum application cost is approx ₹14,790.
The Patel Retail Limited IPO aggregate issue size is ₹242.76 Crores with an equity price band set at ₹237 to ₹255 per equity share. The retail lot size is 58 shares requiring a minimum capital outlay of approx. ₹14,790.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 95.66x (Retail: 42.47x, QIB: 272.14x, NII: 108.13x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2025-08-22. Investors can verify status using PAN card or application number.
Patel Retail Limited shares are scheduled to list on NSE and BSE on 2025-08-26.