Patil Automation IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 16 to Jun 18 2025
Price Band
₹120
Current GMP
₹155(29.17%)
Subscription
101.42 times
IPO Details
| IPO Date | June 16, 2025 to June 18, 2025 |
| Listing Date | June 23, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹120 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 58,00,800 shares (aggregating up to ₹69.61 Cr) |
| Reserved for Market Maker | 2,92,800 shares (aggregating up to ₹3.51 Cr)Mansi Share & Stock Broking Private Limited |
| Net Offered to Public | 55,08,000 shares (aggregating up to ₹66.10 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,60,20,000 shares |
| Share Holding Post Issue | 2,15,28,000 shares |
IPO Date
June 16, 2025 to June 18, 2025
Listing Date
June 23, 2025
Face Value
₹10 per share
Issue Price
₹120 per share
Lot Size
1,200 Shares
Sale Type
Fresh Capital
Total Issue Size
58,00,800 shares (aggregating up to ₹69.61 Cr)
Reserved for Market Maker
2,92,800 shares (aggregating up to ₹3.51 Cr)Mansi Share & Stock Broking Private Limited
Net Offered to Public
55,08,000 shares (aggregating up to ₹66.10 Cr)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
1,60,20,000 shares
Share Holding Post Issue
2,15,28,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 82.92 |
| Non-Institutional Buyers*** | 258.18 |
| Retail Investors | 44.77 |
| Total ** | 101.42 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
82.92
Non-Institutional Buyers***
258.18
Retail Investors
44.77
Total **
101.42
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 16, 2025 | 0.01 | 1.82 | 0.64 | 0.71 |
| Day 2 Jun 17, 2025 | 0.09 | 3.07 | 3.32 | 2.34 |
| Day 3 Jun 18, 2025 | 82.92 | 258.18 | 44.77 | 101.42 |
DayDay 1
Jun 16, 2025
QIB0.01
NII*1.82
Retail0.64
Total0.71
DayDay 2
Jun 17, 2025
QIB0.09
NII*3.07
Retail3.32
Total2.34
DayDay 3
Jun 18, 2025
QIB82.92
NII*258.18
Retail44.77
Total101.42
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 23-06-2025 | 120.00 | 31(25.83%) | 151 |
| 22-06-2025 | 120.00 | 31(25.83%) | 151 |
| 21-06-2025 | 120.00 | 25(20.83%) | 145 |
| 20-06-2025 | 120.00 | 20(16.67%) | 140 |
| 19-06-2025 | 120.00 | 23(19.17%) | 143 |
| 18-06-2025 | 120.00 | 22(18.33%) | 142 |
| 17-06-2025 | 120.00 | 24(20.00%) | 144 |
| 16-06-2025 | 120.00 | 22(18.33%) | 142 |
| 15-06-2025 | 120.00 | 22(18.33%) | 142 |
| 14-06-2025 | 120.00 | 21(17.50%) | 141 |
| 13-06-2025 | 120.00 | 21(17.50%) | 141 |
| 12-06-2025 | 120.00 | 23(19.17%) | 143 |
| 11-06-2025 | 120.00 | 15(12.50%) | 135 |
| 10-06-2025 | 120.00 | 23(19.17%) | 143 |
Date23-06-2025
Price120.00
GMP31(25.83%)
Estimate List Price151
Date22-06-2025
Price120.00
GMP31(25.83%)
Estimate List Price151
Date21-06-2025
Price120.00
GMP25(20.83%)
Estimate List Price145
Date20-06-2025
Price120.00
GMP20(16.67%)
Estimate List Price140
Date19-06-2025
Price120.00
GMP23(19.17%)
Estimate List Price143
Date18-06-2025
Price120.00
GMP22(18.33%)
Estimate List Price142
Date17-06-2025
Price120.00
GMP24(20.00%)
Estimate List Price144
Date16-06-2025
Price120.00
GMP22(18.33%)
Estimate List Price142
Date15-06-2025
Price120.00
GMP22(18.33%)
Estimate List Price142
Date14-06-2025
Price120.00
GMP21(17.50%)
Estimate List Price141
Date13-06-2025
Price120.00
GMP21(17.50%)
Estimate List Price141
Date12-06-2025
Price120.00
GMP23(19.17%)
Estimate List Price143
Date11-06-2025
Price120.00
GMP15(12.50%)
Estimate List Price135
Date10-06-2025
Price120.00
GMP23(19.17%)
Estimate List Price143
IPO Important Dates
| IPO Open Date | Mon, Jun 16, 2025 |
| IPO Close Date | Wed, Jun 18, 2025 |
| Tentative Allotment | Thu, Jun 19, 2025 |
| Initiation of Refunds | Fri, Jun 20, 2025 |
| Credit of Shares to Demat | Fri, Jun 20, 2025 |
| Tentative Listing Date | Mon, Jun 23, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 18, 2025 |
IPO Open Date
Mon, Jun 16, 2025
IPO Close Date
Wed, Jun 18, 2025
Tentative Allotment
Thu, Jun 19, 2025
Initiation of Refunds
Fri, Jun 20, 2025
Credit of Shares to Demat
Fri, Jun 20, 2025
Tentative Listing Date
Mon, Jun 23, 2025
Cut-off time for UPI mandate confirmation
5 PM on June 18, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,44,000 |
| Retail (Max) | 1 | 1200 | ₹1,44,000 |
| HNI (Min) | 2 | 2,400 | ₹2,88,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹1,44,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹1,44,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹2,88,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 115.35 | 91.77 | 94.04 |
| Revenue | 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 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 2025115.35
31 Mar 202491.77
31 Mar 202394.04
Period EndedRevenue
31 Mar 2025122.04
31 Mar 2024118.72
31 Mar 202382.35
Period EndedProfit After Tax
31 Mar 202511.70
31 Mar 20247.84
31 Mar 20234.20
Period EndedNet Worth
31 Mar 202553.69
31 Mar 202432.10
31 Mar 202324.27
Period EndedReserves and Surplus
31 Mar 202537.67
31 Mar 202427.06
31 Mar 202319.23
Period EndedTotal Borrowing
31 Mar 202522.93
31 Mar 202423.13
31 Mar 202332.65
IPO Reservation
| Market Maker Shares Offered | 2,92,800 (5.05%) |
| QIB Shares Offered | 27,52,800 (47.46%) |
| Anchor Investor Shares Offered | 16,51,200 (28.47%) |
| QIB (Ex. Anchor) | 11,01,600 (18.99%) |
| NII (HNI) Shares Offered | 8,26,800 (14.25%) |
| Retail Shares Offered | 19,28,400 (33.24%) |
| Total Shares Offered | 58,00,800 (100.00%) |
Market Maker Shares Offered
2,92,800 (5.05%)
QIB Shares Offered
27,52,800 (47.46%)
Anchor Investor Shares Offered
16,51,200 (28.47%)
QIB (Ex. Anchor)
11,01,600 (18.99%)
NII (HNI) Shares Offered
8,26,800 (14.25%)
Retail Shares Offered
19,28,400 (33.24%)
Total Shares Offered
58,00,800 (100.00%)
Information about company
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 Strength
Design and development capabilities.
In-house manufacturing facility with integrated testing capabilities.
Recognition from customers.
Experienced Promoters with a strong management team and domain knowledge.
Objectives of IPO
The Company Patil Automation IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (Rs. in crores)
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
Disclaimer
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