Mumbai, August 11, 2025:* Patel Retail Limited has fixed the price band of ₹237 /- to ₹255/- per Equity Share of face value ₹10/- each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, August 19, 2025, for subscription and close on Thursday, August 21, 2025. Investors can bid for a minimum of 58 Equity Shares and in multiples of 58 Equity Shares thereafter.
The IPO is a mix of fresh issue of shares up to 85,20,000 Equity Shares and an offer for sale up to 10,02,000 Equity Shares Promoters Selling Shareholders. The offer also includes a subscription reservation by eligible employees, and a discount of ₹ 20 is being offered to Eligible Employees bidding in the employee reservation portion.
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