Patil Automation IPO is a bookbuilding of ₹69.61 crores. The issue is entirely a fresh issue of 58.01 lakh shares.
Patil Automation IPO bidding opened for subscription on June 16, 2025 and will close on June 18, 2025. The allotment for the Patil Automation IPO is expected to be finalized on Thursday, June 19, 2025. Patil Automation IPO will be list on NSE SME with a tentative listing date fixed as Monday, June 23, 2025.
Patil Automation IPO price band is set at ₹114 to ₹120 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,36,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,44,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,88,000.
Established in 2015, Patil Automation Limited specializes in providing advanced welding and line automation solutions across India. With five operational facilities, including two in Pune, the company has acquired a total operational space of 460,000 sq. ft. It offers end-to-end automation services such as welding and assembly lines, auto handling systems, gantries, and production and testing machines designed for specific industrial needs. Patil Automation designs, manufactures, tests, and installs customized systems tailored to clients’ production requirements, including spot, MIG, and TIG welding lines, assembly lines, and special-purpose machinery.
The company's diverse product portfolio includes robotic welding systems for high-precision applications, spot welding systems for the automotive and sheet metal sectors, and arc welding solutions like MIG, TIG, and plasma welding. It also offers resistance welding systems, automated car body assembly lines, engine and transmission assembly systems, and electrical and electronics assembly lines.
Additional offerings include conveyor systems (belt, roller, and chain), robotic gantries, pick-and-place systems, automated guided vehicles (AGVs) for warehouses, vision inspection systems powered by AI, leak testing machines, and end-of-line testing systems to ensure product quality. As of March 31, 2025, Patil Automation had a market presence in 10 Indian states, including Maharashtra, Haryana, Karnataka, Gujarat, Madhya Pradesh, and Tamil Nadu.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.