Description
NSE announces listing of Patel Retail Limited equity shares with effect from August 26, 2025 following IPO completion.
Summary
National Stock Exchange announces the listing of equity shares of Patel Retail Limited following successful completion of its Initial Public Offering (IPO). The shares will be available for trading on NSE Capital Market segment with effect from August 26, 2025.
Key Points
- Company: Patel Retail Limited
- Symbol: PATELRMART
- ISIN: INE0R8B01010
- Face Value: Rs. 10 per share
- Issue Price: Rs. 255 per share
- Total Securities: 33,400,528 equity shares
- Market Lot: 1 share
- Trading Series: Initially ‘BE’, later shifted to ‘EQ’
Regulatory Changes
- Securities will initially trade in Series ‘BE’ and subsequently be shifted to Series ‘EQ’ as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012
- Pre-open session applicable for IPO category scrips
Compliance Requirements
- Members must use designated security codes for trading
- Trading must be conducted in specified lot sizes
- Lock-in requirements apply to various shareholding categories as detailed in Annexure I
Important Dates
- Effective Date: August 26, 2025
- Lock-in periods vary:
- Some shares locked until February 24, 2026
- Some shares locked until March 1, 2027
- Anchor investor shares: September 20, 2025 to November 19, 2025
Impact Assessment
- Adds new investment opportunity in retail sector
- Provides liquidity to IPO investors
- Expands NSE’s listed universe
- Company operates in retail sector with registered office in Maharashtra
- Registrar services provided by Bigshare Services Private Limited
Impact Justification
New IPO listing adds investment option but has limited immediate market impact