Odisha Chief Electoral Officer (CEO) has scheduled a meeting on May 11, 2026 with a delegation of the Biju Janata Dal (BJD) with regards to latter’s allegation regarding “illegal” issuance of second ballot to two Bharatiya Janata Party (BJP) MLAs during Rajya Sabha election
Prabhas-starrer Fauzi shoot halted after fatal accident kills crew member, 5 injuredThe big-budget film faces indefinite production suspension after a tragic accident resulted in one death and multiple injuries near Hyderabad. May 6, 2026, 16:21:20 IST Written by Monica Yadav Share via Copy link
Himanta to return? Who will be Assam's new chief minister after BJP's poll win?BJP secured a majority in the state, winning 82 of the total 126 seats in the Assam Assembly. Published on: May 06, 2026 4:52 PM IST By Arya Mishra Share via Copy link The Bharatiya Janata Party has managed to retain
‘BJP won’t let funds reach us’: Akhilesh Yadav on why Samajwadi Party cut ties with I-PACFounded by political strategist-turned-politician Prashant Kishor, I-PAC is known for managing high-profile election campaigns across the country. Updated on: May 06
Land dispute pits BJP MLAs against each other in UP's UnnaoLand dispute pits BJP MLAs against each other in UP's Unnao Published on: May 06, 2026 4:24 PM IST PTI Share via Copy link Unnao , A land dispute in Uttar Pradesh's Unnao district has pitted two Bharatiya Janata Party MLAs against each
Patel Retail IPO Listing Price Prediction: Booked 95x, Allotment Done; GMP Indicates 18% Gain
Patel Retail IPO Listing Price Prediction: Booked 95x, Allotment Done; GMP Indicates 18% Gain
Patel Retail IPO GMP Today: The three-day subscription window for Patel Retail IPO concluded between August 19, 2025 to August 21, 2025. The mainboard issue is targeted to raise Rs 242.76 crore through a mix of fresh equity issuance and an offer for sale (OFS). The issue was closed on August 21, 2025.
The issue received a massive response from investors with an overall subscription of 95x. Investors made a bid for 74,79,89,460 shares against 78,15,612 shares on offer.
The allotment of Patel Retail IPO was finalized on Friday, August 22, 2025. The lucky ones who have received the allotment are keenly awaiting for the listing of the shares, which is scheduled to happen on Tuesday, August 26, 2025. Meanwhile, their eyes are on GMP and listing price prediction to gauge how much return they can get from their investment.
The IPO proceeds will be used for debt repayment (Rs 59 crore), working capital needs (Rs 115 crore), and general corporate purposes.
The IPO comprises a fresh issue of 0.85 crore shares worth Rs 217.21 crore and an OFS of 0.10 crore shares worth Rs 25.55 crore. The price band is fixed at Rs 237 to Rs 255 per share, with a face value of Rs 10. The minimum lot size is 58 shares, requiring a retail investment of Rs 13,746. For high-net-worth investors, the lot size stands at 14 lots (812 shares) for sNII and 68 lots (3,944 shares) for bNII.
Fedex Securities Pvt Ltd is acting as the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar.
The company's shares are proposed to be listed on both BSE and NSE with a tentative listing date of August 26, 2025.
GMP changes over time depending on investors' sentiment.
Out of the total issue, 44.76% is reserved for retail investors, 29.84% for QIBs, 24.87% for NIIs, and 0.54% for employees, who also enjoy a Rs 20 discount per share.
Founded in 2008, Patel Retail operates a chain of supermarkets under the brand “Patel's R Mart," largely in tier-III cities and suburban Maharashtra. As of May 2025, the company runs 43 stores across Thane and Raigad districts, with a total retail space of about 1.78 lakh sq. ft.
Financially, the company reported a revenue of Rs 825.99 crore in FY25, with a 12% rise in net profit to Rs 25.28 crore from the previous year.
Step 1: Visit the Official IPO Allotment Website
Go to the registrar's website handling the IPO. For Patel Retail, the registrar is usually Link Intime India Pvt. Ltd. The website link is: https://linkintime.co.in
Step 2: Navigate to the IPO Allotment Section
Look for a tab or link that says “IPO Allotment Status" or “Check Allotment".
Step 3: Select Patel Retail IPO
From the dropdown or search bar, select Patel Retail IPO.
Step 4: Enter Your Details
You will need:
Step 5: Submit Your Details
Click on Submit or Check Status.
Step 6: View Allotment Status
Your screen will display whether you have been allotted shares or not. If allotted, it will also show number of shares allocated.
Step 7: Alternative Methods
Stock Exchange Websites: You can also check allotment status on BSE (https://www.bseindia.com) or NSE (https://www.nseindia.com) by searching for Patel Retail IPO allotment.
Mobile App / Bank Portal: Some brokers and banks also provide IPO allotment status via their apps or net banking.
Step 8: Refund / Share Credit
Swipe Left For Next Video
If you are allotted, shares will be credited to your demat account. If not allotted, the application money will be refunded to your bank account.
Source: News18
Related Posts: Meesho IPO vs Vidya Wires IPO vs Aequs IPO — what GMP signals about these IPOs Patel Retail IPO day 3 Gem Aromatics IPO Vs Patel Retail Vs Vikram Solar Vs Shreeji Shipping Tata Capital IPO Gets 75% Subscription On Day 2 So Far Sedemac Mechatronics IPO receives 27 pc subscription on Day 1 IPO GMP Today IPO GMP, Allotment Status Today Live Updates Groww IPO GMP Recovers Slightly Ahead Of Listing Gujarat Kidney IPO opens next week — GMP Groww IPO GMP Falls 75% Ahead Of Allotment
‘Nobody wanted to talk to me’: Harvard-educated VC on failure and feeling like an outsiderAmy Wu Martin, a Harvard-educated venture capitalist, has opened up about her childhood as an immigrant in the United States. Updated on: May 06, 2026 4:02 PM IST By Sanya Jain Share via Copy link A
1 days ago
Congress leader Rahul Gandhi on Wednesday alleged that roughly every sixth MP of the Bharatiya Janata Party in the Lok Sabha had won elections through “vote theft” and claimed the party would not secure even 140 seats if elections were conducted fairly
1 days ago
Bryson DeChambeau says he will focus on growing his YouTube channel and only "play tournaments that want me" if LIV Golf does not survive. The future of the breakaway series was plunged into doubt when Saudi Arabia announced it will withdraw its multibillion dollar backing at the end of the year
1 days ago
Washington is reportedly nearing a breakthrough with Tehran on a preliminary deal to de-escalate tensions and pave the way for nuclear talks. The proposed one-page memorandum of understanding includes Iran halting nuclear enrichment, the US lifting sanctions and releasing frozen funds
1 days ago
The U.S. Military launched another strike on Tuesday (May 6, 2026) on a vessel suspected of transporting drugs in the eastern Pacific Ocean, killing three men. The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.The U.S
1 days ago
"We're not just a story. We're not just headlines, we're people with families, with lives, with people waiting for us at home," said a tearful Jake Rosmarin. For the American travel vlogger on board the luxury cruise liner MV Hondius in the Atlantic ocean, a dream voyage has taken a deadly turn
1 days ago
Pakistani sportspersons will be able to participate in multilateral events in India, but will not be allowed to take part in bilateral tournaments held in the country, stated the Union government on Tuesday. The Ministry of Youth Affairs and Sports said in an office memorandum: “In so far as
1 days ago
Sanjay Raut and NCP (SP) back Mamata Banerjee's decision not to resign as West Bengal Chief Minister. They allege democratic processes were subverted and central agencies misused to influence the assembly poll outcome. Raut calls for unity against the Centre's dictatorship and the Election
1 days ago
Delhi’s notoriously toxic air may appear to be cleaner these days, but it could be hiding a bigger, quieter problem. According to a report in The Indian Express, while the national capital’s nitrogen dioxide and carbon monoxide levels have gradually declined over the years
1 days ago
Chinese foreign minister Wang Yi has called for the Strait of Hormuz to be reopened "as soon as possible" in talks with his Iranian counterpart. The pair met in Beijing on Wednesday on what is Iranian foreign minister Abbas Araqchi's first trip to China since the Iran war began
1 days ago
The Council for the Indian School Certificate Examinations (CISCE) on Thursday (April 30, 2026) announced the results of the ICSE (Class X) and ISC (Class XII) main examinations for 2026 with girls outperforming boys in both classes. Over 3.6 lakh students across India and abroad sat for the
1 days ago
Spirit release date postponed? Makers clarify on Sandeep Reddy Vanga film with Prabhas and Triptii DimriAmid ongoing speculations that the release date of Spirit has been postponed, the makers have issued a statement. The film stars Prabhas in the lead. May 6, 2026
1 days ago
Vivek Ramaswamy will run for the position of Ohio governor in November, after the staunch ally of US President Donald Trump emerged victorious in one of a series of primary contests held in the US Midwest. Projected results on Tuesday night showed the health-tech entrepreneur had defeated Casey
1 days ago
Two sides, both jolted out of rhythm just when they seemed unstoppable, now collide in a high-stakes showdown as Sunrisers Hyderabad locks horns with Punjab Kings at the Rajiv Gandhi International Stadium. The hosts were riding a wave of confidence
1 days ago
Should you avoid stepping out between 11 am and 4 pm in summer? Doctor shares 8 reasons your body can't handle the heatKnow why this common medical advice actually holds up and what changes your body undergoes when exposed to extreme heat during these hours. Published on: May 06
1 days ago
Bengaluru-based loyalty and customer engagement firm reported a 26% year-on-year (YoY) rise in operating revenue for the March quarter, driven by expansion within its existing customer base, new annual contracts, and integration of the Kognitiv business acquired last year
1 days ago
In 105 seats that the Bharatiya Janata Party won in West Bengal, the total number of voters deleted during the special intensive revision exceeds its margin of victory, according to a data analysis by Scroll. Of these, 86 are seats that the BJP has never won before
1 days ago
The rupee appreciated by 23 paise to 94.95 against the U.S. dollar in early trade on Wednesday (May 6, 2026) as Brent crude prices retreated from their elevated level after U.S. President Donald Trump hinted at a possible deal with Iran. Forex traders said oil prices fell to $108 per barrel
1 days ago
Synopsis: The Future of Knowledge Work Summit 2026 in Bengaluru explores how AI is transforming knowledge work and redefining roles and skills. This exclusive summit brings senior leaders together to understand the shift from automated tasks to the rising importance of human judgment, creativity
1 days ago
New Delhi, May 6 (PTI) Multi-brand restaurant operator Trimex Foods on Wednesday said it has bagged franchise rights for American Chinese dining brand Panda Express in India from a subsidiary of Panda Restaurant Group, Inc. Through this alliance
1 days ago
The Jharkhand Board on Wednesday announced Class 12th results on the official website of the Jharkhand Academic Council (JAC). Students who took the exams can access their results on jac.jharkhand.gov.in, jacresults.com by entering their roll number, roll code, and choosing their respective stream
1 days ago
Oil prices have dropped following reports that the US and Iran are close to a deal to end the war. Brent crude futures, the global benchmark oil price, fell to below $102 (£75) a barrel after the reports. The price was over $108 earlier in the day
1 days ago
Kyle Rittenhouse says ‘felons deserve the right to own guns'; sparks debateKyle Rittenhouse has sparked a debate with a post on X, where he suggested that felons should be given the right to own guns if they serve their time. Published on: May 06
1 days ago
Chinese Foreign Minister Wang Yi condemned US-Israel military actions as "illegitimate" during talks with Iranian counterpart Abbas Araghchi in Beijing. The meeting, part of Tehran's broader diplomatic tour, focused on a regional ceasefire, maritime security in the Strait of Hormuz
1 days ago
In a landmark decision aimed at bridging the educational divide in Maharashtra’s most challenging terrains, the Maharashtra State Cabinet has officially sanctioned the expansion of 24 tribal ashram schools. The meeting chaired by CM Devendra Fadnavis approved a strategic plan to upgrade five
1 days ago
The Aam Janata Unnayan Party led by former West Bengal minister Humayun Kabir has moved the Calcutta High Court alleging large-scale violence in Murshidabad district following the Assembly elections, Live Law reported on Wednesday. Kabir had been suspended by the Trinamool Congress in December
1 days ago
Pakistan athletes allowed in India, but bilateral sports ban stays as Government clarifies multilateral event policyIndia maintains a bilateral sporting ban with Pakistan but allows Pakistani teams to compete in multilateral events hosted in India. Published on: May 06
1 days ago
