Patil Automation Limited is Launching Its Sme IPO with an issue size of ₹ 69.61 Crore, Entrely Through a Fresh Isue of 58.01 Lakh Equity Shares. The IPO Opens for Subscription from June 16 to June 18, 2025, with a price band of ₹ 114 – ₹ 120 per share. The lot size is 1,200 shares, requiring a minimum investment of ₹ 1,36,800 for retail investors and ₹ 2,88,000 for HNIS. Establed in 2015, Patil Automation Specializes in Welding and Line Automation Solutions and Operates Five Facilites Across India. The company has shown consistent growth with Revenues Reaching ₹ 122.04 Crore in Fy24 and Pat of ₹ 11.70 Crore. Seren capital private ltd is the book running lead manager, while purva sharegistry and mansi share & stock broking handle registrar and market-making duties respectively. With 35% shares reserved for retail, 15% for niis, and 50% for Qibs, the IPO is set to list on June 23, 2025.
IPO Alert: Patil Automation IPO: GMP, Price Band and Detailed Review; Apply or avoid | Paisa Live | IPO Alert: Patil Automation IPO: Gmp, Price Band and Detailed Review; Apply or avoid
