Patel Retail IPO Allotment Date: What Does IPO GMP Signal Today? Step-By-Step Guide To Check Status

Patel Retail IPO Allotment Today: All the investors who applied for Patel Retail initial public offering (IPO) during the subscription period can check their subscriptions status on Friday. Patel Retail IPO GMP today (grey market premium) was trading at a premium of Rs 50 on Friday.

The mainboard IPO opened for subscription on Tuesday, August 19 and closed on Thursday, August 21. The IPO allotment status is likely to be released today and the listing is expected for Tuesday, August 26.

Investors can check Patel Retail IPO allotment today on BSE, NSE, and on the registrar website. Here is a step-by-step guide to check Patel Retail IPO allotment status today.

Patel Retail IPO Allotment: How To Check Status On BSE?

-Visit the BSE website and opt for the IPO investors corner.
-Visit the BSE link here: https://www.bseindia.com/investors/appli_check.aspx
-Select the issue type as equity and debt.
-Select 'Patel Retail IPO' as the issue name.
-Enter the details your application number or PAN number.
-Check mark the option to 'I am not a robot'.
- Search the option.

Patel Retail IPO Allotment: How To Check Status on NSE?

-Follow the below mentioned steps after opening the NSE website. Go to home page, select the option to 'Invest', then select 'resources & tools'. Select 'Check Trades/Bids', and then verify IPO bids.
-Visit the NSE link here: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
-Select the option as 'Equity & SME IPO Bid Details'.
-Enter the PAN number and enter application number. Submit the details to check IPO allotment status.

Patel Retail IPO Allotment: How To Check Status On Registrar Office?

Patel Retail IPO allotment status can also be checked on the registrar website, ie Bigshare Services. Here is a step-by-step guide to check the status on the registrar office.

-Visit the official website of the registrar, ie https://www.bigshareonline.com/
-Go to the home page of the website. Select the option to 'allotment status'.
-Select 'Server 1, 2 or 3', then select the equity.
-Enter captcha, and then search option.
-Enter your PAN card details and captcha information.

Patel Retail IPO GMP Today

Patel Retail IPO GMP today stood at Rs 48, according to Chittorgarh.com. The price band of Patel Retail IPO is fixed at Rs 255, hence the IPO listing is expected at a price of Rs 303 (the addition of cap price and GMP). The IPO is expected at a percentage loss or gain oper share at 18.82%.

Patel Retail IPO Subscription

Patel Retail IPO subscription stood at 95.69 times. The Patel Retail IPO issue subscribed at 42.55 times in the retail category, whereas 272.14 times in the qualified institutional buyers (QIB), and 108.11 times and the NII category by Thursday, 5 pm.

Patel Retail IPO Details

The mainboard Patel Retail IPO is a book build issue of Rs 242.76 crore. The issue is a combination of fresh issue of 0.85 crore shares aggregating to Rs 217.21 crores. The company's offer for sale of 0.10 crore shares equivalent to Rs 25.55 crores. The IPO has a tentative listing date of 26 August. The company has fixed price band at Rs 237 to Rs 255 per share.

The company IPO lot size for an application at 58. The lot size investment for sNII is 14 lots, amounting to Rs 2,07,060 and bNII. The issue also includes reservation of up to 51,000 shares for employees offered at a discount of Rs 20 to the issue price.