Patel Retail IPO Subscription and GMP Update – August 2025

LG Electronics India IPO Listing Date, Subscription Details & Financials 2025
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LG Electronics India IPO Listing Date, Subscription Details & Financials 2025

Patel Retail IPO closes with strong demand. Overall subscription hits 24 times and GMP stands at Rs 45. Check subscription details, grey market trends, and expected listing price.

Patel Retail’s Rs 243 crore IPO got a strong response from investors. The bidding closed on the third and final day with very high demand.

Subscription Status (Day 3, 10:10 AM):

Overall: 24 times

Retail investors: 20 times their shares

Non-Institutional Investors (NIIs): 38 times

All categories of investors showed strong interest.

Grey Market Premium (GMP):

Current GMP: Rs 45 per share

With the upper price of Rs 255, the estimated listing price is around Rs 300.

Investors may get a gain of about 18% if market conditions stay the same.

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