Mumbai, Aug. 22 -- The initial public offer of Patel Retail received bids for 74,79,89,460 shares as against 78,15,612 shares on offer. The issue was subscribed 95.70 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 272.43 times. The Non-Institutional Investors (NIIs) category was subscribed 108.17 times. The Retail Individual Investors (RIIs) category was subscribed 42.49 times.

The issue opened for bidding on 19 August 2025 and it closed on 21 August 2025. The price band of the IPO is fixed between Rs 237 and 255 per share.

The IPO comprises a fresh issue of 85,18,000 equity shares worth up to Rs 217.21 crore and an offer for sale of 10,02,000 equity shares amounting to Rs 25.55 crore.

The objectives for the ...