How to Check Patel Retail IPO Allotment Status

Patel Retail Limited is a retail supermarket chain that operates primarily in tier-III cities and nearby suburban areas under the brand name "Patel's R Mart," incorporated in 2008. The company operates 43 stores across suburban areas of Thane and Raigad districts in Maharashtra.

The Patel Retail IPO came with a total issue size of ₹242.76 crore, comprising a fresh issue of 0.85 crore shares aggregating to ₹217.21 crore and an offer for sale of 0.10 crore shares aggregating to ₹25.55 crore. The IPO opened on August 19, 2025, and closed on August 21, 2025. The allotment for the Patel Retail IPO is expected to be finalized on Friday, August 22, 2025. The Patel Retail IPO share price band was set at ₹237 to ₹255 per share.

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Steps to Check Patel Retail IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd. website 
• Select "Patel Retail " from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Patel Retail IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Patel Retail " from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Patel Retail IPO Subscription Status

Patel Retail IPO received exceptional investor interest, being subscribed 95.69 times overall. The subscription showed outstanding confidence across categories in the Patel Retail IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:37 PM on August 21, 2025:

• Non-Institutional Investors (NII): 108.11 times.
• QIB Category: 272.14 times.

Patel Retail Share Price and Investment Details

The Patel Retail IPO stock price band was set at ₹237 to ₹255 per share with a minimum lot size of 58 shares. The minimum investment required for retail investors was ₹14,790 for 1 lot (58 shares). The issue included up to 17,04,388 shares allocated to anchor investors raising ₹43.46 crore. Given the exceptional subscription response of 95.69 times overall, with QIB category showing outstanding response at 272.14 times and NII demonstrating exceptional response at 108.11 times, the Patel Retail IPO share price is expected to list with exceptional to phenomenal premium.

Utilisation of IPO Proceeds

The IPO is a complete offer for sale. Hence, the company will not receive any proceeds. The objective of the issue is to:

• Repayment/prepayment, in full or part, of certain borrowings availed of by the Company: ₹59.00 crore.
• Funding of working capital requirements of the Company: ₹115.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

Patel Retail Limited is a retail supermarket chain operating as neighbourhood supermarkets catering to both daily needs and bulk shopping in tier-III cities and nearby suburban areas, positioning stores with deep knowledge of optimal product assortment and inventory management using IT systems. The company has launched private label products including "Patel Fresh," "Indian Chaska," "Blue Nation," and "Patel Essentials" to enhance margins and brand recognition, while operating three strategically located manufacturing facilities in Maharashtra and Gujarat.