Patel Retail IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The basis of allotment for the Patel Retail IPO will be announced today, 22 August 2025. The bidding window was open from August 19, 2025, to August 21, 2025, during which the IPO received total subscription of 95.70 times.
Procedure to Check Patel Retail IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details”.
- In Select Symbol, select “PATELRMART.”
- Enter your PAN No. and application No.
- Click “Submit”.
Procedure to Check Patel Retail IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Patel Retail Limited”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
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Procedure to Check Patel Retail IPO Allotment Status on Bigshare Services Private Limited (Registrar to the issue)
- Visit the Bigshare Services IPO allotment status page here.
- Click any of the server links.
- In Company Selection, select “Patel Retail Limited”
- Enter any of the following details:
-
- Application Number,
- Beneficiary ID or
- PAN.
- Enter the captcha and Click “Search.”
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Patel Retail IPO Details
Patel Retail IPO is a book-building issue of ₹242.76 crores, consisting of a fresh issue of ₹217.21 crores and an offer for sale of ₹25.55 crores. The price band is set between ₹237 and ₹255 per share.
Fedex Securities Private Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar for the Patel Retail IPO.
Patel Retail IPO Overall Subscription Status
[21 August, 2025, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
272.43 |
|
Non-Institutional Investors |
108.17 |
|
Retail Individual Investors (RIIs) |
42.49 |
|
Employees |
25.37 |
|
Total |
95.70 |
Use of Proceeds
The net proceeds from the fresh issue will be used towards the following objectives:
- Fund working capital requirements
- Repay/prepay company’s outstanding borrowings
- General corporate purposes
Patel Retail IPO GMP Details
As of 22 August 2025, Patel Retail IPO GMP stood at ₹50. The expected listing price is ₹305, i.e., a 19.61% gain per share over the upper price band.
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Source: Livemint Report dated 22 August, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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