Patel Retail IPO Listing Today; Anil Singhvi expects strong debut after massive subscription

Patel Retail Ltd is set to debut on the stock exchanges today with high expectations, following an overwhelming investor response to its IPO. Market expert Anil Singhvi has shared his listing preview, projecting a listing price in the range of Rs 290–Rs 305, compared to the issue price of Rs 255.

“The issue got amazing response, being subscribed 96 times. We expect a strong listing, and advise investors to keep a stoploss below Rs 275 and continue trailing as the stock moves up,” Singhvi said.

Listing Details:

Listing Date: Tuesday, August 26, 2025

Listing Time: 10:00 IST during a special pre-open session

Exchanges: Shares to be listed on both BSE and NSE

Group: Listed under the ‘T’ Group of Securities on BSE

IPO Allotment & Credit:

Allotment Finalised: Friday, August 22

Shares Credited to Demat Accounts: Monday, August 25

Refunds/Unsuccessful Applications Processed: Completed on the same day

Subscription Highlights:

The IPO was met with strong demand across investor segments, closing with an overall subscription of 95.70 times on August 21:

Qualified Institutional Buyers (QIBs): Strong response

Non-Institutional Investors (NIIs): Heavy interest

Retail Investors: Robust participation