Patil Automation IPO subscription started on Monday, June 16, 2025, and will close on June 18, 2025, as per the schedule. The price band is set at ā¹114 to ā¹120 per share with a face value of ā¹10.Ā
Patil Automation IPO Subscription Status
Patil Automation IPO subscribed over 0.71x on its First day till 05.00 PM on 16th June 2025.Ā
- Patil Automation IPO subscription QIB investors portion is 0.01x times, while NII subscribed 1.82x times, and RII investors subscribed 0.64x times.Ā Ā
- The company has received bids for 27,37,200 shares against 38,56,800 shares on offer on the First day.Ā
- Patil Automation IPO subscribed over 0.71 times on day 1.
About Patil Automation IPOĀ
Patil Automation Limited is one of the prominent providers of automation solutions in India, primarily serving Industrial clients. The company is involved in designing, manufacturing, testing, and installing customized automation systems such as welding lines, assembly lines, material handling machinery, and special-purpose machinery. The companyās portfolio consists of assembly fixtures, welding fixtures, robotic cells, testing and inspection systems, and auxiliary items. Automotive Original Equipment Manufacturers (OEMs), Tier I suppliers to OEMs, and manufacturers of automotive parts and components are the primary clients of the company, with whom they mainly contact when they need to set up, expand, upgrade, modify, or repair their production systems. 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.
Ā Patil Automation IPO Company Financial Report
The company reported revenue of ā¹122.04 crores in 2025 against ā¹118.72 crores in 2024. The company reported a profit of ā¹11.70 crores in 2025 against a profit of ā¹7.84 crores in 2024.
Patil Automation IPO GMP
Patil Automation’s IPO GMP was ā¹22 as of Monday, 16th June. That indicates the IPO is trading at ā¹142 with a ā¹22 premium in the grey market against the issue price of ā¹120.
