Patel Retail IPO Subscription
ListedUpdated 26 August 2025, 9:15 AM IST· Mainboard
Patel Retail IPO subscription closed on 21 August 2025 at 95.69x overall by shares. QIB demand came in at 272.14x, NII at 108.13x, and retail at 42.47x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 22 August 2025. Listing date on NSE and BSE is 26 August 2025.
Patel Retail IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 19 Aug 2025 | 9.86x | 7.40x | 4.96x | 6.40x |
| Day 2 - 20 Aug 2025 | 17.14x | 26.09x | 16.60x | 19.51x |
| Day 3 - 21 Aug 2025 | 272.14x | 108.11x | 42.55x | 95.69x |
Patel Retail IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Patel Retail IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 36.05x | 1 in 36 |
| SHNI (Rs 2L to Rs 10L) | 115.77x | 1 in 116 |
| BHNI (above Rs 10L) | 20.13x | 1 in 20 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Patel Retail IPO Allotment Status page from 22 August 2025 for your result.
Patel Retail IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 255.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 29.01 Cr | Rs 7,893.84 Cr | 272.14x |
| FII | - | Rs 1,167.83 Cr | - |
| DFI | - | Rs 4,530.32 Cr | - |
| Mutual Funds | - | Rs 54.87 L | - |
| Other | - | Rs 2,195.14 Cr | - |
| NII | Rs 60.39 Cr | Rs 6,529.97 Cr | 108.13x |
| bNII (above Rs 10L) | Rs 40.26 Cr | Rs 4,110.95 Cr | 102.11x |
| Corporate | - | Rs 60.47 Cr | - |
| Individual | - | Rs 3,870.23 Cr | - |
| Other | - | Rs 180.24 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 20.13 Cr | Rs 2,419.02 Cr | 120.17x |
| Corporate | - | Rs 9.46 Cr | - |
| Individual | - | Rs 2,301.17 Cr | - |
| Other | - | Rs 108.40 Cr | - |
| Retail | Rs 108.70 Cr | Rs 4,616.93 Cr | 42.47x |
| Cut-off price | - | Rs 3,767.39 Cr | - |
| Fixed price | - | Rs 849.54 Cr | - |
| Employee | Rs 1.30 Cr | Rs 32.99 Cr | 25.37x |
| Cut-off price | - | Rs 27.18 Cr | - |
| Fixed price | - | Rs 5.81 Cr | - |
| Total | Rs 199.40 Cr | Rs 19,073.73 Cr | 95.66x |
Patel Retail IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 11,37,512 | 1,219 | 0.00x |
| FII | - | 58 | - |
| DFI | - | 51 | - |
| Mutual Funds | - | - | - |
| Other | - | 1,110 | - |
| NII | 2,917 | 1,51,676 | 52.00x |
| bNII (above Rs 10L) | 1,945 | 39,152 | 20.13x |
| Corporate | - | 499 | - |
| Individual | - | 36,870 | - |
| Other | - | 1,783 | - |
| sNII (Rs 2L to Rs 10L) | 972 | 1,12,524 | 115.77x |
| Corporate | - | 421 | - |
| Individual | - | 1,07,010 | - |
| Other | - | 5,093 | - |
| Retail | 73,497 | 26,49,578 | 36.05x |
| Cut-off price | - | 21,62,726 | - |
| Fixed price | - | 4,86,852 | - |
| Employee | 879 | 16,608 | 18.89x |
| Cut-off price | - | 14,115 | - |
| Fixed price | - | 2,493 | - |
| Total | 12,14,805 | 28,19,081 | 2.32x |
What Do These Subscription Numbers Mean?
95.69x overall by shares means bids covered about 96 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 272.14x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (52.00x by applications). Split: SHNI 115.77x, BHNI 20.13x by applications. SHNI and BHNI allotment is by lottery.
At 36.05x subscription by applications, about 1 in 36 retail applicants may get allotment (~3% chance per application). Retail allotment is also by lottery.
Patel Retail IPO GMP After Subscription
GMP for Patel Retail IPO stands at Rs 52.00 today, giving an estimated listing price of Rs 307.00 per share.
A subscription of 95.69x combined with a GMP of 20.39% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Patel Retail IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Patel Retail IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Allotment Date | 22 August 2025 |
| Refund Initiation | 23 August 2025 |
| Share Credit to Demat | 23 August 2025 |
| Listing Date | 26 August 2025 |
| Minimum Investment | Rs 14,790.00 |
| Lot Size | 58 shares |
About Patel Retail IPO
Patel Retail is engaged in the retailing of consumer goods, offering a diverse portfolio of products across multiple categories, including groceries, household essentials, packaged foods, personal care items, and general merchandise. The company operates through a network of physical stores and distribution channels, leveraging an efficient supply chain and technology-driven operations. The company focuses on delivering value through competitive pricing, quality assurance, and customer-centric service.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Patel Retail IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Patel Retail IPO Details
Issue size, price, financials, and company info
Patel Retail IPO GMP
Live grey market premium and listing estimate
Patel Retail IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Patel Retail IPO Allotment
Allotment date, chances, and check by PAN
Patel Retail IPO Review
SWOT, strengths, risks, and IPO review
Patel Retail IPO FAQ
Common questions on dates, GMP, and allotment
Patel Retail IPO Registrar
Registrar website and how to check allotment
Patel Retail IPO Timeline
Open, close, allotment, and listing dates
Patel Retail IPO News
Updates, blogs, and latest IPO news
Patel Retail IPO Subscription FAQs
What is Patel Retail IPO subscription status today?
Patel Retail IPO subscription closed on 21 August 2025 with overall subscription of 95.69x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 272.14x, NII 52.00x, Retail 36.05x.
What is the overall subscription of Patel Retail IPO?
Patel Retail IPO is subscribed 95.69x overall by shares at close on 21 August 2025. QIB 272.14x, NII 52.00x, and Retail 36.05x.
What is Patel Retail IPO QIB subscription?
Patel Retail IPO QIB (Qualified Institutional Buyers) subscription is 272.14x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Patel Retail IPO Retail subscription?
Patel Retail IPO Retail subscription is 36.05x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Patel Retail IPO NII, SHNI, and BHNI subscription?
Patel Retail IPO NII subscription is 52.00x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 115.77x and BHNI (above Rs 10L) at 20.13x.
What are Patel Retail IPO retail allotment chances?
At 36.05x subscription by applications, about 1 in 36 retail applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 42.47x. Allotment chances use applications, not share volume.
What are Patel Retail IPO SHNI allotment chances?
At 115.77x subscription by applications, about 1 in 116 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 120.17x. Allotment chances use applications, not share volume.
What are Patel Retail IPO BHNI allotment chances?
At 20.13x subscription by applications, about 1 in 20 BHNI applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 102.11x. Allotment chances use applications, not share volume.
When is Patel Retail IPO allotment date?
Patel Retail IPO allotment date is 22 August 2025. Check Patel Retail IPO Allotment Status on IPOwiz from that day using your PAN.
When does Patel Retail IPO subscription close?
Patel Retail IPO subscription closed on 21 August 2025. No new applications are accepted after the close.
What is Patel Retail IPO GMP today?
Patel Retail IPO GMP is ₹52 today (+20.39% over issue price ₹255). See live GMP on the Patel Retail IPO GMP Today page.
What is Patel Retail IPO issue price and lot size?
Patel Retail IPO issue price is ₹255 per share. Lot size is 58 shares. Minimum investment is ₹14,790 per lot. Issue size: ₹241.46 Cr.
When is Patel Retail IPO listing date?
Patel Retail IPO listing date is 26 August 2025 on NSE and BSE. Allotment is on 22 August 2025.
How does subscription affect Patel Retail IPO allotment?
In Patel Retail IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 95.69x overall, competition is very high.
For allotment results from 22 August 2025, visit the Patel Retail IPO Allotment Status page. For listing day updates on 26 August 2025, download the IPOwiz App.
Sources
We match Patel Retail IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.