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I have 125 shares of TCS.
So, what should be the acceptance ratio? Will I consider for retail quota or is there HNI quota for this?

Acceptance ratio depends upon (i) number of investors tendering shares for buyback and that depends upon (ii) market mood and (iii) price of shares during tender period. It could be 30-40% but no one can be sure about it.
Since you have 125 shares you will be in general category untill you decide to apply as a retail investor and consequently decide to sell extra shares may be 80-81 shares. And keeping 44-45 shares for tendering.
Take your own decision as per your convenience and strategy.

100 200 150 jitne bhi jo 2 lakh se kum ke share tender karna to retail varna sare apply karo to HNI