IPO Issue Details
Issue Price / Price Band₹120 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size58,00,800 shares (aggregating up to ₹69.61 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 16 Jun 2025
Subscription CloseWed, 18 Jun 2025
Anchor AllotmentSun, 15 Jun 2025
Basis of AllotmentThu, 19 Jun 2025
Initiation of RefundsFri, 20 Jun 2025
Credit of Shares to DematFri, 20 Jun 2025
Listing DateMon, 23 Jun 2025
UPI Mandate Deadline2025-06-18
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 1,200 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 2,400 shares
EPS (Pre-IPO)₹7.30
EPS (Post-IPO)₹5.36
P/E Ratio (Pre-IPO)16.43x
P/E Ratio (Post-IPO)22.38x
Net Offer to Public55,08,000 shares (aggregating up to ₹66.10 Cr)
Reserved for Market Maker2,92,800 shares (aggregating up to ₹3.51 Cr)
Pre-IPO Promoter Holding1,60,20,000 shares
Post-IPO Promoter Holding2,15,28,000 shares
About Patil Automation Ltd
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-Robotic Welding Systems – Automated robotic welding for precision and efficiency.Spot Welding Systems – High-speed spot welding for automotive and sheet metal industries.Arc Welding Solutions – MIG, TIG, and plasma welding for various applications.Resistance Welding Systems – Used in industries requiring high-strength welded joints.Automated Car Body Assembly Lines – Used in automotive manufacturing.Engine and Transmission Assembly Systems – Precision assembly for engine components.Electrical and Electronics Assembly Lines – High-speed automation for electronic products.Conveyor Systems – Belt, roller, and chain conveyors for seamless material movement.Robotic Gantries & Pick-and-Place Systems – Automated loading and unloading solutions.Automated Guided Vehicles (AGVs) – Self-driving material handling systems for warehouses.Vision Inspection Systems – AI-based machine vision for real-time defect detection.Leak Testing Machines – Used for testing pressure-based products.End-of-Line Testing Systems – Ensures product quality before shipment.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 StrengthDesign and development capabilities.In-house manufacturing facility with integrated testing capabilities.Recognition from customers.Experienced Promoters with a strong management team and domain knowledge.
Objects of the Issue
Patil Automation Ltd proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,60,20,000 shares
Post-IPO Promoter Holding
2,15,28,000 shares