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Patel Retail IPO Day 1 LIVE: Patel Retail IPO will opening for subscription on August 19 and close on August 21. The IPO price band has been fixed at ₹237– ₹255 per share, with each share carrying a face value of ₹10. Ahead of the IPO opening, the company raised more than ₹43 crore from anchor investors on Monday.

Patel Retail IPO Day 1 LIVE: Patel Retail IPO fully subscribed on the day of bidding on Tuesday, August 19. The retail portion has been booked 1.77 times, NII received 2.50 times subscription and QIB received 6.85 times, so far.

Patel Retail IPO Day 1 LIVE: On the first day of bidding, the Patel Retail IPO has been subscribed over 1.32 times by 11:50 am on Tuesday. The retail portion has been booked 1.43 times, NII received 1.89 times subscription and QIB received 0.02 times.

Patel Retail IPO Day 1 LIVE: On the first day of bidding, the Patel Retail IPO has been subscribed over 0.77 times by 11 am on Tuesday. The retail portion has been booked 0.86 times, NII received 1.10 times subscription and QIB received 0.01 times.

Patel Retail IPO Day 1 LIVE: Patel Retail IPO grey market premium is +38. This indicates Patel Retail share price were trading at a premium of ₹38 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Patel Retail share price was indicated at ₹293 apiece, which is 14.90% higher than the IPO price of ₹255.

According to the grey market activities observed over the last 11 sessions, today's IPO GMP is showing an upward trend and is anticipated to have a solid listing. The minimum GMP stands at ₹0.00, whereas the maximum GMP is ₹38, as per expert analysis.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Patel Retail IPO Day 1 LIVE: On Monday, the company secured over ₹43 crore from anchor investors prior to the opening of its initial public offering (IPO). The company informed the bourses that it allocated 17,04,388 equity shares at Rs. 255 per share on Monday, August 18, 2025, to anchor investors.

Some of the marquee Institutions that participated in the anchor includes Chanakya Opportunities Fund, BNP Paribas Financial Markets, Maybank Securities, Beacon Stone Capital, Saint Capital Fund and Pine Oak Global Fund.

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