Patel Retail IPO Allotment Status To Be Finalised on 22 August: Step-by-Step Guide to Check on BSE, NSE and Bigshare
- 21st August 2025
- 12:30:00 PM
- 3 min read
Summary
Patel Retail IPO allotment will be finalised on 22 August, after the issue drew an overall subscription of 30 times. Investors can check allotment status on BSE, NSE or Bigshare Services using PAN, application or demat details. Refunds and credit of shares will follow ahead of the expected 27 August listing.
Mumbai | August 21 – After a blockbuster subscription, the spotlight has now shifted to the Patel Retail IPO allotment status, which will be finalised tomorrow, 22 August. The ₹242.76 crore issue closed on 21 August with 30x subscription, underscoring strong investor interest across categories.
Patel Retail IPO Subscription Recap
The supermarket chain, which operates under the Patel’s R Mart brand, drew robust demand:
- Non-Institutional Investors (NIIs): 41.30x
- Retail Investors (RIIs): 21.08x
- Qualified Institutional Buyers (QIBs): 17.30x
- Employees: 12x
Overall, bids were received for 20.78 crore shares against 78.15 lakh on offer. Analysts suggest such heavy oversubscription signals likely listing gains, though caution remains on Patel Retail’s regional concentration and supply chain risks.
Also Read : Patel Retail IPO Subscription Status on Day 3: Retail Bids 21x, Overall Booked 30 Times on Final Day
Patel Retail IPO Allotment Date and Key Timelines
- Allotment finalisation: 22 August
- Refund initiation: 23 August
- Credit of shares to demat accounts: 26 August
- Expected listing date: 27 August (tentative)
How to Check Patel Retail IPO Allotment Status
On NSE Website
- Go to NSE IPO Allotment Status
- Select Equity & SME IPO bid details
- Choose Patel Retail (PATELRMART)
- Enter PAN and application number
- Submit to view status
On BSE Website
- Visit BSE IPO Allotment Page
- Keep Equity as the issue type
- Select Patel Retail Ltd
- Enter PAN or application number
- Click Search
On Bigshare Services (Registrar’s Portal)
- Visit Bigshare IPO Allotment
- Select Patel Retail Ltd from the dropdown menu
- Enter PAN, application number, or beneficiary ID
- Complete captcha and click Search
Patel Retail IPO Details
- Price Band: ₹237 – ₹255 per share
- Lot Size: 58 shares
- Issue Size: ₹242.76 crore (Fresh issue of ₹217.21 crore + OFS of ₹25.55 crore)
- Anchor Book: ₹43 crore raised pre-IPO
- Lead Manager: Fedex Securities
- Registrar: Bigshare Services
Proceeds are earmarked for debt repayment, working capital and general corporate purposes.
Investor Interest and Outlook
Founded in 2008, Patel Retail has built a presence in Tier-III and suburban markets of Maharashtra, especially Thane and Raigad. With nearly 45% of FY25 revenues from retail sales, the company is seen as a regional retail play.
Given the high subscription levels, market observers expect healthy listing gains, though long-term investors are advised to weigh risks around raw material sourcing, supplier dependence and geographic concentration.
Disclaimer: This article is for informational purposes only and is not investment advice or a stock recommendation. PL Capital does not provide investment advice or stock tips. All details are based on publicly available information and market sources. Past subscription numbers, grey market premium, and listing performance do not guarantee future returns. Investors should consult certified financial advisors before making investment decisions.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
