Patel Retail lists with 19.61% premium on the BSE
Patel Retail has debuted at Rs 305 on the BSE, up by 50 points or 19.61% from its issue price of Rs 255.
The scrip is currently trading at Rs. 293.00, up by 38.00 points or 14.90% from its previous closing of Rs. 255 on the BSE.
It has touched a high and low of Rs. 305.00 and Rs. 289.75 respectively. So far 5.74 lakh shares were traded on the counter.
The offering, which was open for subscription between August 19, 2025 and August 21, 2025 was subscribed 95.69 times. The issue price was fixed at Rs 255 per share i.e. at upper end of price band of Rs 237-255 apiece.
Patel Retail is primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on ‘value retail’, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family.
