Patron Exim IPO subscription status started on Tuesday February 21, 2023 and will close on February 24, 2023. Patron Exim IPO to raise around ₹16.69 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹27 per equity share.
The Patron Exim IPO minimum market lot is 4000 shares with ₹108,000 application amount. The IPO to list on BSE.
Patron Exim Limited is a trader and distributor of a wide range of pharmaceutical raw materials that are known as APIs (Active Pharmaceutical Ingredients), industrial, excipient, and solvents.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky). Investors should also look at the NII, and Retail numbers before investing. You can check the Patron Exim IPO allotment status here.
Patron Exim IPO Subscription Status – Final Data
| Category | Day 2 | Day 3 | Day 4 |
| NII | 0.03 | 0.78 | 0.97 |
| RII | 0.55 | 0.78 | 1.17 |
| Total | 0.29 | 0.78 | 1.07 |
Patron Exim IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Patron Exim IPO Review
- May Apply
Patron Exim IPO Date & Price Band
| IPO Open: | February 21, 2023 |
| IPO Close: | February 24, 2023 |
| IPO Size: | Approx ₹16.69 Crores, 6,180,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹27 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Patron Exim IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 4000 | ₹108,000 |
| Retail Maximum | 1 | 4000 | ₹108,000 |
| S-HNI Minimum | 2 | 8000 | ₹216,000 |
Patron Exim IPO Subscription Dates
| IPO Open Date: | February 21, 2023 |
| IPO Close Date: | February 24, 2023 |
| Basis of Allotment: | March 1, 2023 |
| Refunds: | March 2, 2023 |
| Credit to Demat Account: | March 3, 2023 |
| IPO Listing Date: | March 6, 2023 |
Patron Exim IPO Form
How to apply for the Patron Exim IPO? You can apply for Patron Exim IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Patron Exim IPO in the Invest section. The other option is you can apply for Patron Exim IPO via IPO forms downloaded via BSE. Check out the Patron Exim forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
