{"id":20645,"date":"2025-08-20T12:22:07","date_gmt":"2025-08-20T12:22:07","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=ipo&#038;p=20645"},"modified":"2025-08-20T12:22:07","modified_gmt":"2025-08-20T12:22:07","slug":"patel-retail-ipo-day-2-gmp-and-subscription","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/","title":{"rendered":"Patel Retail IPO Day 2: Check GMP, Subscription Status &amp; Key Highlights"},"content":{"rendered":"\n<p>Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its \u20b9243 crore IPO, comprising a fresh issue and an offer for sale. The issue opens for subscription on August 19, 2025, at a price band of \u20b9237 to \u20b9255 per share, and closes on August 21, 2025. Following allotment, the company\u2019s shares are set to be listed on both the BSE and NSE on August 26, 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Patel_Retail_IPO_Day_2_Subscription_Status\" title=\"Patel Retail IPO Day 2 Subscription Status\">Patel Retail IPO Day 2 Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Objective_of_the_Patel_Retail_IPO\" title=\"Objective of the Patel Retail IPO\">Objective of the Patel Retail IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Patel_Retail_IPO_GMP_%E2%80%93_Day_2_Update\" title=\"Patel Retail&nbsp; IPO GMP \u2013 Day 2 Update\">Patel Retail&nbsp; IPO GMP \u2013 Day 2 Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Patel_Retail_IPO_%E2%80%93_Key_Details\" title=\"Patel Retail&nbsp; IPO &#8211; Key Details\">Patel Retail&nbsp; IPO &#8211; Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Important_Dates_for_Patel_Retail_IPO_Allotment\" title=\"Important Dates for Patel Retail IPO Allotment\">Important Dates for Patel Retail IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Patel_Retail_Overview\" title=\"Patel Retail Overview\">Patel Retail Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Easy_Steps_to_Apply_for_Patel_Retail_IPO_via_Pocketful\" title=\"Easy Steps to Apply for Patel Retail IPO via Pocketful\">Easy Steps to Apply for Patel Retail IPO via Pocketful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-2-gmp-and-subscription\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-patel-retail-ipo-day-2-subscription-status\"><span class=\"ez-toc-section\" id=\"Patel_Retail_IPO_Day_2_Subscription_Status\"><\/span>Patel Retail IPO Day 2 Subscription Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On the second day, Patel Retail IPO was subscribed 19.51 times overall. Non-institutional investors led with 26.09 times, including 34.11 times in the small NII category. Qualified institutional buyers subscribed 17.14 times, while retail investors and employees subscribed 16.60 times and 9.56 times, respectively.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investor Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Subscription (x)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Qualified Institutional Buyers (QIB)<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.14<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Non-Institutional Investors (NII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">26.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">bNII (above \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">22.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">sNII (less than \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">34.11<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Retail Individual Investors (RII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">16.60<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Employees<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.56<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Subscriptions<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.51<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Total Applications: 10,77,268<\/strong><\/p>\n\n\n\n<p><strong>Total Bid Amount (in \u20b9 crore): 3,889<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-objective-of-the-patel-retail-ipo\"><span class=\"ez-toc-section\" id=\"Objective_of_the_Patel_Retail_IPO\"><\/span>Objective of the Patel Retail IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Patel Retail Limited intends to utilize the net proceeds from the IPO towards repayment or prepayment of certain outstanding borrowings, meeting its working capital requirements, and for general corporate purposes.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Use of IPO Proceeds<\/th><th class=\"has-text-align-center\" data-align=\"center\">Amount (\u20b9 Cr)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Repayment\/prepayment, in full or part, of certain borrowings availed of by the Company.<\/td><td class=\"has-text-align-center\" data-align=\"center\">59<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Funding of working capital requirements of the Company<\/td><td class=\"has-text-align-center\" data-align=\"center\">115<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">General Corporate Purposes<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-patel-retail-nbsp-ipo-gmp-day-2-update\"><span class=\"ez-toc-section\" id=\"Patel_Retail_IPO_GMP_%E2%80%93_Day_2_Update\"><\/span>Patel Retail&nbsp; IPO GMP \u2013 Day 2 Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The grey market premium (GMP) of Patel Retail&nbsp; IPO is \u20b949, as on 5:00 PM August 20, 2025. The upper limit of the price band is \u20b9255, and the estimated listing price as per today\u2019s GMP can be \u20b9304, giving a potential gain of around 19.22% per share.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Date<\/th><th class=\"has-text-align-center\" data-align=\"center\">GMP<\/th><th class=\"has-text-align-center\" data-align=\"center\">Est. Listing Price&nbsp;<\/th><th class=\"has-text-align-center\" data-align=\"center\">Gain&nbsp;<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">20-08-2025 (DAY 2)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b949<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9304<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.22%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Disclaimer: <\/strong>The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor&#8217;s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-patel-retail-nbsp-ipo-key-details\"><span class=\"ez-toc-section\" id=\"Patel_Retail_IPO_%E2%80%93_Key_Details\"><\/span>Patel Retail&nbsp; IPO &#8211; Key Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">Details<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Opening Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 19, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Closing Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 21, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Issue Price Band<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9237 to \u20b9255 per share<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Issue Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">95,20,000 shares(aggregating up to \u20b9242.76 Cr)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Platform<\/td><td class=\"has-text-align-left\" data-align=\"left\">BSE, NSE<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Registrar<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bigshare Services Private Limited<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Patel Retail IPO RHP<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2025\/patel-retail-limited-rhp_95942.html\">Click Here<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-dates-for-patel-retail-ipo-allotment\"><span class=\"ez-toc-section\" id=\"Important_Dates_for_Patel_Retail_IPO_Allotment\"><\/span>Important Dates for Patel Retail IPO Allotment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Event<\/th><th class=\"has-text-align-center\" data-align=\"center\">Date<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Tentative Allotment<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 22, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Refunds Initiation<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 25, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Credit of Shares to Demat<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 25, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Date&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">August 26, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-patel-retail-overview\"><span class=\"ez-toc-section\" id=\"Patel_Retail_Overview\"><\/span>Patel Retail Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Patel Retail Limited is a value-focused supermarket chain operating under the brand \u201cPatel\u2019s R Mart,\u201d primarily in tier-III cities and suburban areas of Maharashtra. Incorporated in 2008, the company manages 43 stores with a retail area of about 1.79 lakh sq. ft., offering over 10,000 SKUs across food, FMCG, general merchandise, and apparel. It has also developed private label brands such as Patel Fresh, Indian Chaska, Blue Nation, and Patel Essentials. Through backward integration, Patel Retail operates modern processing and agri-processing facilities in Maharashtra and Gujarat, supporting retail, exports to over 35 countries, and bulk agri-commodity trading.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/patel-retail-ipo-day-1\/\">Patel Retail IPO Day 1: Check GMP, Subscription Status &amp; Key Highlights<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-easy-steps-to-apply-for-patel-retail-ipo-via-pocketful\"><span class=\"ez-toc-section\" id=\"Easy_Steps_to_Apply_for_Patel_Retail_IPO_via_Pocketful\"><\/span>Easy Steps to Apply for Patel Retail IPO via <a href=\"https:\/\/web.pocketful.in\/new-user\">Pocketful<\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Step 1 :&nbsp; Install the Pocketful Application from <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.pocketful.android&amp;hl=en_IN\">Play Store<\/a> or <a href=\"https:\/\/apps.apple.com\/in\/app\/pocketful-share-market-app\/id6503890518\">App Store<\/a><\/p>\n\n\n\n<p>Step 2 : Sign up and complete your KYC requirements<\/p>\n\n\n\n<p>Step 3 : Go to the IPO section from the home page<\/p>\n\n\n\n<p>Step 4 : Look for \u201cPatel Retail\u201d in the list<\/p>\n\n\n\n<p>Step 5 : Tap on Apply and enter your bid details<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What is the opening and closing date of Patel Retail IPO?<\/h3><p class=\"saswp-faq-answer-text\">Patel Retail IPO is open on 19 August 2025 and will close on 21 August 2025.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the price band of the Patel Retail IPO?<\/h3><p class=\"saswp-faq-answer-text\">Its price band is fixed from \u20b9237 to \u20b9255 per share.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the GMP (Grey Market Premium) of Patel Retail IPO today?<\/h3><p class=\"saswp-faq-answer-text\">The GMP on 20 August 2025 is \u20b949, which leads to a possible listing price of \u20b9304.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the total issue size of Patel Retail IPO?<\/h3><p class=\"saswp-faq-answer-text\">The total issue size of the Patel Retail IPO is \u20b9242.76 crore, consisting of 217.21 crore of fresh issue and 25.55 crore of offer for sale.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the expected listing date of Patel Retail?<\/h3><p class=\"saswp-faq-answer-text\">This IPO is expected to be listed on BSE and NSE on August 26, 2025.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Patel Retail Limited, a Maharashtra-based supermarket operator, has launched its \u20b9243 crore IPO, comprising a fresh issue and an offer for sale. The issue opens for subscription on August 19, 2025, at a price band of \u20b9237 to \u20b9255 per share, and closes on August 21, 2025. Following allotment, the company\u2019s shares are set to [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":20654,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-20645","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Patel Retail IPO Day 2: Check GMP, Subscription Status<\/title>\n<meta name=\"description\" content=\"Patel Retail IPO subscribed 19.51x on Day 2; GMP at \u20b949 with an estimated listing gain of 19.22%. 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