Patel Retail IPO Allotment Status Set to Finalise on August 22

Patel Retail Ltd is set to announce the allotment status for its initial public offering (IPO) on Friday, August 22. Patel Retail IPO follows a stellar subscription, whereby, the retail investor segment was oversubscribed 42.49 times, while the Non-Institutional Investors’ portion saw a subscription of 108.17 times. The Qualified Institutional Buyers (QIB) category led the demand with a subscription rate of 272.43 times.

Investors who applied for Patel Retail shares can check their allotment status online via BSE, NSE, or the official registrar, Bigshare Services Pvt. Ltd.

How to Check Patel Retail IPO Allotment Status?

On BSE

1. Visit the IPO allotment page at BSE IPO Allotment
2. Select ‘Equity’ under issue type
3. Choose ‘Patel Retail Ltd’ from the issue name dropdown
4. Enter your application number or PAN
5. Click ‘Search’ to view your allotment details

On NSE

The allotment status can also be verified on the NSE website using your PAN and application number.

On Bigshare Services

1. Go to Bigshare IPO Allotment
2. Select any of the three available server links
3. Pick ‘Patel Retail Ltd’ from the company dropdown list
4. Enter your PAN, application number, or beneficiary ID
5. Click ‘Submit’ to check your allotment status

Patel Retail IPO Details

The ₹242.76-crore Patel Retail IPO was open for subscription from August 19 to August 21. This mainboard issue comprised a fresh share issuance of 85.18 lakh shares valued at ₹217.21 crore, along with an offer-for-sale (OFS) of 10.02 crore shares worth ₹25.55 crore.

Patel Retail Ltd is expected to credit shares to the Demat accounts of successful applicants on Monday, August 25. Refunds to unsuccessful bidders will also be initiated on the same day.

Also Read: How to Check Vikram Solar IPO Allotment Status Scheduled for August 22?

About Patel Retail Ltd

Founded in 2008, Patel Retail began operations with its first store in Ambernath, Maharashtra. Since then, it has expanded across suburban areas of Thane and the Raigad district in Maharashtra.

Operating under the brand ‘Patel’s R Mart’, the company serves tier-III cities and suburban markets, offering a diverse range of products including food, non-food items, general merchandise, and apparel tailored to family needs. As of May 31, 2025, Patel Retail operates 43 stores.

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