Bookbuilding IPO | ₹70 Cr | Listed at NSE SME | Mon, Jun 16, 2025 - Wed, Jun 18, 2025
Patil Automation IPO is a book build issue of ₹69.61 crores. The issue is entirely a fresh issue of 0.58 crore shares of ₹69.61 crore.
Patil Automation IPO bidding started from Jun 16, 2025 and ended on Jun 18, 2025. The allotment for Patil Automation IPO was finalized on Jun 19, 2025. The shares got listed on NSE SME on Jun 23, 2025.
Patil Automation IPO price band is set at ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,44,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,88,000.
Seren Capital Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd..
Refer to Patil Automation IPO RHP for detailed Information.
IPO Open
Mon, Jun 16, 2025
IPO Close
Wed, Jun 18, 2025
Issue Price
₹120 per share
Market Cap (Pre-IPO)
₹261.85 Cr
| IPO Date | 16 to 18 Jun, 2025 |
| Listed on | Mon, Jun 23, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹114 to ₹120 |
| Issue Price | ₹120 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 58,00,800 shares (agg. up to ₹70 Cr) |
| Reserved for Market Maker | 2,92,800 shares Mansi Share & Stock Broking Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 55,08,000 shares (agg. up to ₹66 Cr) |
| Net Offered to Public | 55,08,000 shares (agg. up to ₹66 Cr) |
| Share Holding Pre Issue | 1,60,20,000 shares |
| Share Holding Post Issue | 2,15,28,000 shares |
| NSE Symbol | PATILAUTOM |
| ISIN | INE17GV01016 |
Patil Automation IPO comprises a total issue size of 58,00,800 shares. The net offer to the public is 55,08,000 shares, after excluding 2,92,800 shares allotted on a firm basis. Of the Net offer 27,52,800 (49.98%) are allocated to QIB, 8,26,800 (15.01%) allocated to NII 19,28,400 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 27,52,800 | 49.98% | 47.46% |
| − Anchor Investor Shares Offered | 16,51,200 | 28.47% | |
| − QIB (Ex. Anchor) Shares Offered | 11,01,600 | 18.99% | |
| NII (HNI) Shares Offered | 8,26,800 | 15.01% | 14.25% |
| Retail Shares Offered | 19,28,400 | 35.01% | 33.24% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,92,800 | 5.05% | |
| Total Shares Offered | 58,00,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,44,000 |
| Retail (Max) | 1 | 1,200 | ₹1,44,000 |
| HNI (Min) | 2 | 2,400 | ₹2,88,000 |
Patil Automation IPO raises ₹19.81 crore from anchor investors. Patil Automation IPO Anchor bid date is June 13, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Jun 13, 2025 |
| Shares Offered | 16,51,200 |
| Anchor Portion (₹ Cr.) | 19.81 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jul 19, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Sep 17, 2025 |
Established in 2015, Patil Automation Limited specializes in welding and line automation solutions.
The company has five operational facilities across India, including two in Pune, it offers comprehensive automation services such as welding lines, assembly lines, auto handling, gantries, production, and testing special-purpose machines. The company has acquired a total space of 460,000 sq. ft. for its operations.
The company designs, manufactures, tests, and installs customized automation systems, including welding lines (spot, MIG, and TIG), assembly lines, and special-purpose machinery, tailored to clients' production needs.
The company's product portfolio consists of the following-
As of March 31, 2025, the company sold products in 10 Indian states: Maharashtra, Haryana, Karnataka, Gujarat, Madhya Pradesh, and Tamil Nadu.
As of March 31, 2025, the company had 244 full-time employees and about 256 contract laborers.
Competitive Strength
Patil Automation Ltd.'s revenue increased by 3% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 115.35 | 91.77 | 94.04 |
| Total Income | 122.04 | 118.72 | 82.35 |
| Profit After Tax | 11.70 | 7.84 | 4.20 |
| NET Worth | 53.69 | 32.10 | 24.27 |
| Reserves and Surplus | 37.67 | 27.06 | 19.23 |
| Total Borrowing | 22.93 | 23.13 | 32.65 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards setup of new manufacturing facility | 62.01 |
| 2 | Repayment of a portion of certain borrowings availed by the Company | 4.00 |
| 3 | General Corporate Purposes | 0.56 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 27.28% |
| ROCE | 21.62% |
| Debt/Equity | 0.43 |
| RoNW | 21.80% |
| PAT Margin | 9.91% |
| EBITDA Margin | 12.89% |
| Price to Book Value | 3.43 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.30 | 5.36 |
| P/E (x) | 16.43 | 22.38 |
| Promoter Holding | 94.38% | 69.29% |
| Market Cap | ₹261.85 Cr. |
The Patil Automation IPO is subscribed 101.42 times on June 18, 2025 6:19:00 PM (Day 3). The public issue subscribed 44.77 times in the retail category, 82.92 times in the QIB category, and 258.18 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 82.92 | 11,01,600 | 9,13,39,200 | 64 |
| NII* | 258.18 | 8,26,800 | 21,34,66,800 | 5,950 |
| Retail | 44.77 | 19,28,400 | 8,63,41,200 | 71,951 |
| Total | 101.42 | 38,56,800 | 39,11,47,200 | 77,965 |
Total Application : 77,965
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees, Underwriting Commission | 2.31 |
| 2 | Fees Payable to Registrar to the Issue | 0.04 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.25 |
| 4 | Fees Payable to Regulators including Stock Exchanges, CDSL and NSDL | 0.15 |
| 5 | Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | 0.18 |
| 6 | Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | 0.12 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹120.00 |
| Open | ₹155.00 |
| Low | ₹155.00 |
| High | ₹162.75 |
| Last Trade | ₹162.75 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Patil Automation IPO is a SME IPO of 58,00,800 equity shares of the face value of ₹10 aggregating up to ₹70 Crores. The issue is priced at ₹120 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Jun 16, 2025, and closes on Wed, Jun 18, 2025.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Patil Automation IPO using UPI as a payment gateway. Zerodha customers can apply in Patil Automation IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Patil Automation IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Patil Automation IPO opens on Mon, Jun 16, 2025 and closes on Wed, Jun 18, 2025.
Patil Automation IPO lot size is 1200, and the minimum amount required for application is ₹1,44,000.
You can apply in Patil Automation IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Patil Automation IPO will be done on Thursday, June 19, 2025, and the allotted shares will be credited to your demat account by Fri, Jun 20, 2025. Check the Patil Automation IPO allotment status.
The Patil Automation IPO listing date is on Mon, Jun 23, 2025.
