Patel Retail IPO Subscription Status Day 3 – Subscribed 95.69 Times

Patel Retail Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Patel Retail's stock price set at ₹237-255 per share reflecting outstanding market reception. The ₹242.76 crore IPO reached 95.69 times by 5:04:37 PM on day three, indicating exceptional investor interest in this retail supermarket chain company incorporated in 2008.

Patel Retail IPO qualified institutional buyers (ex-anchor) segment leads with exceptional 272.14 times subscription, whilst non-institutional investors demonstrate outstanding participation at 108.11 times and retail investors show outstanding interest at 42.55 times, whilst anchor investors show complete participation at 1.00 times, reflecting exceptional investor confidence in this company.

Patel Retail IPO subscription reached exceptional 95.69 times on day three, led by Qualified Institutional Buyers Ex-Anchor (272.14x), Non-Institutional Investors (108.11x), and Retail Investors (42.55x). Total applications reached 28,00,639.

Subscription Status of Patel Retail IPO:

Here are the subscription details for Patel Retail IPO as of Day 3 (August 21, 2025, 5:04:37 PM):

Patel Retail IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached exceptional 95.69 times, a spectacular improvement from day two's 19.51 times.
• Qualified institutional buyers (ex-anchor) showing exceptional performance at 272.14 times, building dramatically from day two's 17.14 times.
• sNII segment demonstrating outstanding participation at 120.17 times, building substantially from day two's 34.11 times.
• Non-institutional investors category displaying outstanding interest at 108.11 times, building substantially from day two's 26.09 times.
• bNII category showing outstanding performance at 102.09 times, building substantially from day two's 22.09 times.
• Retail investors displaying outstanding confidence at 42.55 times, building substantially from day two's 16.60 times.
• Employees showing strong interest at 25.29 times, building substantially from day two's 9.56 times.
• Total applications reached 28,00,639, indicating exceptional investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹19,080.59 crores against the issue size of ₹242.76 crores.

Patel Retail IPO - Day 2 Subscription at 19.51 Times

Key Highlights - Day 2:

• Overall subscription reached strong 19.49 times, a significant improvement from day one's 6.40 times.
• sNII segment showing outstanding performance at 34.09 times, building substantially from day one's 7.51 times.
• Non-institutional investors category displaying strong interest at 26.08 times, building notably from day one's 7.40 times.
• bNII category demonstrating strong participation at 22.08 times, building substantially from day one's 7.35 times.
• Qualified institutional buyers (ex-anchor) showing strong growth at 17.14 times, building substantially from day one's 9.86 times.
• Retail investors displaying strong confidence at 16.58 times, building substantially from day one's 4.96 times.
• Employees showing solid interest at 9.56 times, building substantially from day one's 3.26 times.
• Total applications reached 10,74,162, indicating strong investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹3,887.22 crores against the issue size of ₹242.76 crores.

Patel Retail IPO - Day 1 Subscription at 6.40 Times

Key Highlights - Day 1:

Overall subscription reached good 6.40 times, showing solid initial investor interest.
Qualified institutional buyers (ex-anchor) showing solid performance at 9.86 times, indicating strong institutional appetite.
sNII segment displaying good participation at 7.51 times, showing solid smaller HNI interest.
Non-institutional investors category showing good interest at 7.40 times, demonstrating strong HNI appetite.
bNII category demonstrating good performance at 7.35 times, showing solid larger HNI interest.
Retail investors displaying good confidence at 4.96 times, showing solid retail sentiment.
Employees showing moderate interest at 3.26 times, indicating measured employee participation.

About Patel Retail Limited

Incorporated in 2008, Patel Retail Limited is an Indian retail supermarket chain company engaged in operating stores primarily in tier-III cities and suburban areas offering food, non-food FMCG, general merchandise and apparel, specializing in neighborhood supermarkets with private label products and manufacturing facilities across Maharashtra and Gujarat with 43 stores and diversified product portfolio.

The strong Day 2 performance indicates robust investor confidence in the company's retail expansion strategy and private label initiatives, with particularly strong interest across all investor categories as the IPO approaches its final day of subscription on August 21, 2025.