Patel Retail Lists at ₹300, Gains 17.65% Over IPO Price Amid Strong Investor Demand

Mumbai, August 26, 2025: Patel Retail Limited (NSE, BSE: PATELRMART) made its debut on the stock exchange today with an impressive opening. The stock of the company got listed at ₹300 per share, which is a 17.65% premium over its issue price of ₹255. The solid opening meets the investor’s expectations as Patel Retail Limited IPO closed with a solid record of 95.69x oversubscription last week.

Listing Day Performance

The stock quickly touched an intraday high of ₹305, a 19.61% increase, showcasing strong buying momentum, but later witnessed some profit booking as it slipped to a low of ₹285.55. As of 2:05 PM, the shares of the company were trading at ₹290.00, down by ₹10.00, a 3.33% decrease.

However, they still remain well above their IPO price. The trading volumes remained robust with 36.05 lakh shares changing hands, translating into a turnover of ₹106.93 crore. The stock debuted with a total market capitalization of ₹968.62 crore, reflecting healthy investor interest supported by strong IPO subscription. However, early profit-taking activity capped further gains on the listing day.

Subscription Details

The Patel Retail IPO witnessed strong investor demand across all categories since day 1, which carried out through day 3. On Day 1, the overall subscription stood at 6.40 times, led by QIBs at 9.86 times. By Day 2, bids surged to 19.51 times with NIIs showing robust interest at 26.09 times. The final day saw an exceptional response, closing at 95.69 times overall, driven by massive QIB participation at 272.14 times, reflecting overwhelming institutional and retail confidence in the issue.

Outlook

Patel Retail had a strong debut on its listing day on the stock exchange, along with robust volumes. While the debut highlights that the company has positive investor demand and market interest, going forward, investors should keep a lookout for the company’s ability to sustain momentum.

Patel Retail Limited is a Maharashtra-based company engaged in the supermarket and FMCG retail distribution sector, catering to diverse consumer needs. Headquartered in Maharashtra, the company operates in the retail and distribution industry under the ticker symbol PATELRETAIL. Its portfolio spans food products, non-food essentials, and household goods, building a strong presence across key markets. With expanding operations, Patel Retail continues to strengthen its footprint in India’s competitive retail landscape.

REF: https://www.nseindia.com/get-quotes/equity?symbol=PATELRMART

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