Description
BSE circular detailing the listing and lock-in arrangements for 3.34 crore equity shares of Patel Retail Limited following their IPO.
Summary
Patel Retail Limited has listed 3,34,00,528 equity shares on BSE with detailed lock-in arrangements. The company is registered in Maharashtra with shares held in demat form across different investor categories including promoters, anchor investors, and public shareholders.
Key Points
- Total equity shares listed: 3,34,00,528 shares
- All shares are in demat form
- Multiple lock-in periods ranging from 30 days to 18 months
- Anchor investor shares have specific 30-day and 90-day lock-in periods
- 10,02,000 shares allocated to public are not under lock-in
Lock-in Schedule
Promoter/Pre-IPO Lock-ins:
- 2,38,80,528 shares locked until February 24, 2026 (6 months)
- 50,00,000 shares locked until March 1, 2027 (18 months)
Anchor Investor Lock-ins:
- 8,52,194 shares locked until September 20, 2025 (30 days)
- 8,52,194 shares locked until November 19, 2025 (90 days)
Important Dates
- Listing Date: August 22, 2025
- Anchor 30-day lock-in expires: September 20, 2025
- Anchor 90-day lock-in expires: November 19, 2025
- Promoter 6-month lock-in expires: February 24, 2026
- Promoter 18-month lock-in expires: March 1, 2027
Company Details
- Registered Office: Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath (East)- 421506, Maharashtra
- Company Secretary: Prasad R Khopkar (Membership No.: A52520)
- Circular Date: August 23, 2025
Impact Assessment
This listing adds a new retail sector stock to BSE with significant lock-in restrictions that will limit tradeable float initially. The staggered lock-in expiry dates will gradually increase available shares for trading over the next 18 months.
Impact Justification
New listing announcement with detailed lock-in schedules affecting specific investor categories