Patil Automation Limited, has launched its initial public offering (IPO) on Jun 16, 2025, aiming to raise Rs 66.10 crore through fresh issue of 55.08 lakh equity shares. Patil Automation IPO is set to close on Jun 18, 2025, with the shares expected to be listed on the NSE SME platform on Jun 23, 2025.
Patil Automation Limited Company Overview
Patil Automation Limited is a Pune-based company specializing in industrial automation solutions, particularly for welding and assembly lines. It offers turnkey automation systems including spot, MIG, and TIG welding lines, material handling equipment, and end-of-line testing solutions. The company primarily serves the automotive industry, catering to major OEMs and Tier-I suppliers across India. With five manufacturing units, it has steadily expanded its infrastructure and technical capabilities. Patil Automation has shown consistent financial growth, supported by increasing demand for automation in Indian manufacturing.
Patil Automation IPO Details
Patil Automation Limited IPO is a bookbuilding IPO of Rs 66.10 crores. The issue is a complete fresh issue of Rs 66.10 crores. Seren Capital Private Limited is the book running lead manger of the Patil Automation IPO, Purva Sharegistry India Pvt Ltd is the Registrar for the issue.
| Issue Type | Bookbuilding IPO |
| Face Value | Rs 10 per share |
| Issue Price | Rs 114 – Rs 120 per share |
| Lot Size | 1200 shares per lot |
| Issue Size | Rs 66.10 crore |
| Fresh Issue | Rs 66.10 crore |
| Offer for Sale (OFS) | Rs 0 crore |
| Listing at | NSE SME |
| Market Capitalization | Rs 261.85 cr |
| Book Running Lead Managers | Seren Capital Private Limited |
| Registrar | Purva Sharegistry India Pvt Ltd |
Patil Automation Limited IPO Timeline
Patil Automation Limited IPO opened on 16th Jun 2025 and Closes on 18th Jun 2025. Find Patil Automation IPO tentative dates below.
| IPO Open Date | 16-Jun-2025 (Monday) |
| IPO Close Date | 18-Jun-2025 (Wednesday) |
| Allotment | 19-Jun-2025 (Thursday) |
| Initiation of Refunds | 20-Jun-2025 (Friday) |
| Demat Credit of Shares | 20-Jun-2025 (Friday) |
| Listing Date | 23-Jun-2025 (Monday) |
| Cut off time for UPI mandate confirmation | 18-Jun-2025 at 5PM |
Patil Automation Limited IPO Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table shows the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1200 | Rs 1,44,000 |
| Retail (Maximum) | 1 | 1200 | Rs 1,44,000 |
| HNI (Minimum) | 2 | 2400 | Rs 2,88,000 |
Patil Automation Limited IPO Objectives
The proceeds from the Patil Automation Limited IPO will be utilised for following purposes:
| Purpose | Amount (in Rs) | Percentage |
|---|---|---|
| Capital expenditure (new manufacturing facility) | 62.01 Crore | 93.81% |
| Repayment of borrowings | 4.00 Crore | 6.05% |
| General corporate purpose |
Patil Automation IPO Financial Performance
Find Patil Automation Limited IPO last 3 years financial details below.
| Financials | 31-Mar-25 (Crores) | 31-Mar-24 (Crores) | 31-Mar-23 (Crores) |
|---|---|---|---|
| REVENUE | 122.04 | 118.72 | 82.35 |
| ASSETS | 115.35 | 91.77 | 94.04 |
| NET WORTH | 53.69 | 32.10 | 24.27 |
| TOTAL DEBT | 22.93 | 23.13 | 32.65 |
| PAT | 11.70 | 7.84 | 4.20 |
Patil Automation IPO Strengths and Risks
Strengths:
- Skilled in-house team uses advanced tools to deliver customized automation solutions.
- With a combined facility of around 109,000 sq. ft., the company’s in-house manufacturing, featuring advanced machinery and integrated testing, ensures the delivery of high-quality, precise automation systems.
- Supplied over 52 customers in Fiscal 2025, earning awards like Best Supplier for strong customer trust and repeat business.
- Led by seasoned Promoters with 25+ and 28+ years of experience, driving strategic growth and operational excellence.
Risks:
- Concentrated automotive sector exposure (88% of revenue) creates vulnerability to market downturns and industry-specific disruptions.
- Customer concentration risk with over 70% of revenue dependent on few key clients.
- Absence of long-term supplier contracts increases exposure to raw material price fluctuations and supply chain disruptions.
- Facility lease dependencies create operational continuity risks upon non-renewal or lease disputes.
- Trade receivables management deficiencies may result in collection losses and cash flow constraints.
- Unregistered trademark status leaves intellectual property vulnerable to third-party claims and disputes
Patil Automation IPO Grey Market Premium (GMP)
As of June 18, 2025, the grey market premium (GMP) for Patil Automation IPO shares is approximately Rs 24, indicating a 20% premium over the upper price band of Rs 120, implying an estimated listing price of around Rs 144
Patil Automation IPO Review: Avoid
Disclaimer: This blog’s content is intended solely for informational and educational purpose only. Before making any investment decisions, it is recommended that investors consult with a certified financial advisor.