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Patel Retail IPO Day 1 LIVE Updates: GMP, price band, subscription status, apply or not as issue opens today
Vaamanaa Sethi
Published 19 Aug 2025, 09:54:48 AM IST Patel Retail IPO Day 1 LIVE: Issue opens today. GMP signals strong listing
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.
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19 Aug 2025, 09:54:48 AM IST
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.
