The Initial Public Offering of Patel Retail was subscribed 95.7 times on the final day of bidding.

The issue received bids of 74,79,89,402against the offered 78,15,612 equity shares at a price band of Rs 237-255, according to data available on the stock exchanges.

Qualified Institutional Investors was subscribed 272.43 times and Non-institutional portion were subscribed 108.18timesrespectively. Retail Portion was subscribed 42.49times and Employee Portion was subscribed 25.37 times. 

Fedex Securities Private Limited is the sole book-running lead manager, and Bigshare Services Private Limited is the registrar of the Offer.