Patel Retail IPO Open Tomorrow: GMP, Edition Details, 10 Important Things To Know

Patel Retail IPO opens tomorrow (Tuesday, August 19) for subscription. Patel Retail was founded in 2008 and opened his first store in Ambernath, Maharashtra. Since then, the company has broadened its reach over the suburban areas of Thane and the Raigad district in Maharashtra. The company offers a wide range of products, including food, non-food items, general merchandise and clothing, which cater to the needs of families. It functions in tiger-III cities and adjacent suburban places among the ‘Patel’s R Mart’ brand. On May 31, 2025, it operated and managed 43 stores. The operating income of Patel Retail rose to 820.69 crore in the financial year, compared to £ 814.19 crore in the previous financial year. The profit after tax increased to £ 25.28 crore. According to the Red Herring Prospectus (RHP), the company’s listed counterparts Vishal Mega Mart (with a P/E of 104.73), Avenue Supermarts (with a P/E of 102.33), Spencers Retail, Osia Hyper Retail (with a P/e of 8.73), Aditya Consumer Marketing, Sheetal Universal ( P/e of 15.58), Kove Marketing, Shetrate, Universal (with a P/E of 15.58), Kove, Kove, Kove, Kove, Kove, Kove, Kove, Kove, Kove, Kove, Lakshmi Roller Flour Mills (with a p/e of 101.61), knot. of 17.01), and Madhusudhan Masala (with a p/e of 12.92). Here are the ten most important things to know about Patel Retail IPO Patel Retail IPO date: The edition opens on Tuesday, August 19 for subscription and closes on Thursday 21 August. Patel Retail IPO Price Band: The price of the edition is determined in the vicinity of £ 237 to £ 255 per equity share of the face value of £ 10 Patel Retail IPO Lot size: The lot size of the expense is 58 shares and in multiples of 58 shares. Anchor Investors: The award to Anchor Investors for Patel Retail IPO will take place today (Monday 18 August). Patel Retail IPO details: The initial public offer consists of a new issue of up to 8.520,000 shares and an offer for selling up to 1,000 shares by shareholders who are promoters. Patel Retail IPO OBJECTIVE: The funds raised from the new expense, amounting to £ 59, will be used to, partially or fully, repay or pay certain loans made by the business; £ 115 crore will meet the business capital needs of the business; and the remaining will be for general corporate purposes. Patel Retail IPO listing date and allocation details: Tenentatively, Patel Retail IPO base from the granting of shares will be finalized on Friday, August 22 and the company will initiate repayments on the same day, while the shares will be credited on Monday 25 August. As the only general manager of the book provided by Bigshare Services Private Limited the Registrar for the offer. Patel Retail IPO discussion: The offer is offered through a book building process, 30% of the net expense will be allocated to qualified institutional buyers on a proportional basis, 25% of the offer will be reserved for non-institutional investors, and 45% will be named for retail investors. Patel Retail IPO GMP Today: Patel Retail IPO Gray Market Premium is +37.5. This indicates that the Patel trade share price traded at a premium of £ 37.5 in the Gray market on Monday, according to Investorgain.com. Taking into account the upper end of the IPO price band and the current premium in the Gray market, the estimated list price of Patel retail price is indicated at £ 292.5, which is 14.71% higher than the £ 255 IPO price. “Gray Market Premium” indicates investors’ readiness to pay more. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions.