Patel Retail shares list at 20% premium over IPO price
Published on: Aug. 26, 2025, 10:13 a.m. | Source: The Economic Times
Patel Retail's shares debuted strongly, listing with a premium of 19.6% after its IPO was oversubscribed 95.69 times. The IPO proceeds are earmarked for debt repayment, working capital, and general corporate needs. The company, operating as 'Patel's R Mart,' focuses on tier-III cities with a chain of supermarkets across Maharashtra and Gujarat.
