Patil Automation IPO subscribed 101.42 times overall on the last day, a retail quota was subscribed over 44.77 times, NII was subscribed over 258.18 times, and QIB was subscribed over 82.92 times.
Patil Automation IPO Details
Patil Automation IPO got approval from SEBI for an IPO of ₹69.61 crores. Patil Automation IPO consists entirely of a fresh issue of ₹69.61 crores with a face value of ₹10 each. Further, it had a set price band between ₹114 to ₹120 per share.
In the Patil Automation IPO, 1200 shares were in a 1 lot size for the retail minimum and maximum categories.
Moreover, 2400 shares were in 2 lot sizes for the S-HNI category.
To invest in the Patil Automation IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,44,000.
- SHNI (S-HNI): Minimum investment of ₹2,88,000.
Patil Automation IPO’s Subscription Duration
Patil Automation’s IPO subscription started on June 16, 2025, and closed on June 18, 2025. The Patil Automation IPO allotment date was June 19, 2025, and they received a refund on June 20, 2025. The Patil Automation IPO listing is on June 23, 2025.
Patil Automation’s IPO Funds Deployment
- The proceeds raised from the fresh issue will be used towards the setup of a new manufacturing facility
- Some funds will be used for the Repayment of a portion of certain borrowings availed by the Company
- Lastly, the remaining funds will be used for the company’s general Corporate Purposes
About Patil Automation IPO Company
Incorporated in 2015, Patil Automation Limited is one of the leading companies to provide automation solutions in India, known to mainly serve industrial clients. From designing, manufacturing, testing, to installing customized automation systems, including welding lines, assembly lines, material handling machinery, and special-purpose machinery. The company’s portfolio includes assembly fixtures, welding fixtures, robotic cells, testing and inspection systems, and auxiliary items. In Maharashtra, Haryana, Karnataka, Gujarat, Madhya Pradesh, and Tamil Nadu, the company sells its products to 10 Indian states. The company had 244 full-time employees and about 256 contract laborers as of March 31, 2025.
Patil Automation IPO Company Financial Report
The company reported revenue of ₹122.04 crores in 2025 against ₹118.72 crores in 2024. The company reported a profit of ₹11.70 crores in 2025 against a profit of ₹7.84 crores in 2024.
