Patel Retail IPO: What’s the Expected Listing Price? 

By Finchetak.com August 25, 2025 

Patel Retail Ltd., a supermarket chain in Maharashtra, is set to begin trading on the stock exchanges on Tuesday, August 26. Before its debut, investors are closely watching the grey market premium (GMP) — an unofficial but widely used indicator for expected listing gains.

• The IPO’s price range is between ₹237 and ₹255 per share.
  
  

• As of today, the GMP is around ₹48, suggesting the listing price could be approximately ₹303 per share (upper price band of ₹255 plus ₹48).
  
  

That implies an expected gain of nearly 19% for investors from the issue price to the listing price.

By comparison, just a few days ago the GMP stood at ₹50, pointing to a potential listing price of around ₹305 per share, or a premium of around 20%.

In short, analysts expect the shares to list in the range of ₹300–₹305, depending on final market sentiment on listing day.

Bottom Line:

If you bought the IPO at the top of the price range, ₹255, you might see your shares trade around ₹300–₹305 when the stock starts trading — giving a sweet listing gain close to 20%.