Patel Chem Specialities IPO Subscribed 167.32x on Final Day; NII, Retail, and QIB Show Explosive Demand

Patel Chem Specialities' initial public offering (IPO) has demonstrated extraordinary investor demand through its third and final day of subscription, with Patel Chem Specialities' stock price set at ₹84 per share reflecting overwhelming market reception. The ₹58.80 crore IPO surged dramatically to 167.32 times by 5:04:34 PM on day three, indicating exceptional investor interest in this pharmaceutical excipients and specialty chemicals manufacturer incorporated in 2008.

Patel Chem Specialities IPO non-institutional investors segment leads with phenomenal 236.62 times subscription, whilst individual investors demonstrate outstanding participation at 173.03 times and qualified institutional buyers show exceptional interest at 105.27 times, reflecting tremendous investor confidence in this company.

Patel Chem Specialities IPO subscription reached an exceptional 167.32 times on day three, led by NII (236.62x), Individual Investors (173.03x), and QIB (105.27x). Total applications reached 1,52,542.

Subscription Status of Patel Chem Specialities IPO:

Here are the subscription details for Patel Chem Specialities IPO as of Day 3 (July 29, 2025, 5:04:34 PM)

Key Highlights - Day 3:

• Overall subscription reaching exceptional 167.32 times, a massive surge from day two's 19.25 times
• NII segment leading with phenomenal demand at 236.62 times, dramatically exploding from day two's 17.80 times
• sNII category displaying extraordinary interest at 204.81 times, indicating tremendous smaller HNI enthusiasm
• Individual investors maintaining outstanding performance at 173.03 times, building impressively from day two's 30.26 times
• bNII category showing remarkable participation at 165.26 times, dramatically increasing from day two's 18.31 times
• QIB segment demonstrating exceptional growth at 105.27 times, substantially increasing from day two's 1.01 times
• Cumulative bid amount reached ₹6,548.52 crores against the issue size of ₹58.80 crores

Patel Chem Specialities IPO - Day 2 Subscription at 19.25 Times

Key Highlights - Day 2:

• Overall subscription reaching solid 19.25 times, building substantially from day one's 2.44 times
• Individual investors demonstrating exceptional growth at 30.26 times, building dramatically from day one's 3.46 times
• bNII category showing impressive participation at 18.31 times, building from day one's 3.93 times
• NII segment displaying strong improvement at 17.80 times, substantially increasing from day one's 3.27 times
• sNII category showing solid growth at 17.86 times, building from day one's 1.95 times
• QIB segment showing encouraging improvement at 1.01 times, building from day one's 0.01 times

Patel Chem Specialities IPO - Day 1 Subscription at 2.44 Times

Key Highlights - Day 1:

• Overall subscription opening modestly at 2.44 times, showing measured initial investor interest
• bNII category leading with encouraging initial demand at 3.93 times, indicating positive larger HNI appetite
• Individual investors demonstrating early confidence at 3.46 times, showing positive retail sentiment
• NII segment displaying solid participation at 3.27 times, indicating reasonable high-net-worth approach
• sNII category showing measured interest at 1.95 times, reflecting cautious smaller HNI approach
• QIB segment showing minimal participation at 0.01 times, indicating highly cautious institutional approach

About Patel Chem Specialities Limited

Incorporated in 2008, Patel Chem Specialities Limited (PCSL) is engaged in the manufacturing and exporting of pharmaceutical excipients and specialty chemicals, producing essential chemicals used in pharmaceuticals, food, cosmetics, and industrial applications as binders, disintegrants, thickeners, stabilisers, and gelling agents.