Patil Automation Ltd. was incorporated on July 22, 2015. The company provides customised automation solutions, mainly for the automotive sector, including design, manufacturing, and installation of welding lines, assembly systems, and special-purpose machinery tailored to client needs
| Bidding Dates |
|---|
| 16 Jun 2025 - 18 Jun 2025 |
| Subscription |
|---|
| 94.34x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,36,800 | 1 | 1 | 1200 | 5.8 M | ₹114 - ₹120 | 69.29 % | ₹661.3 M - ₹696.1 M | RHP DOC |
Patil Automation IPO SUBSCRIPTION STATUS
18 Jun '25Patil Automation IPO overall subscription rate was 94.34 times the total available shares
Patil Automation IPO retail subscription rate was 59.46 times in the retail segment
Patil Automation IPO non-institutional investor subscription rate was 343.42 times in the non-institutional investor category
Patil Automation IPO Qualified Institutional Bidder subscription rate was 44.02 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
18 Jun 2025 (Day 3) | 59.46x | 343.42x | 44.02x |
17 Jun 2025 (Day 2) | 4.33x | 4.53x | 0.05x |
16 Jun 2025 (Day 1) | 0.85x | 2.41x | - |
Patil Automation FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 11.7 | 118.1 | 0.6 | 2.3 | 12.9% |
| FY24 | 7.8 | 115.3 | 7.5 | 2.4 | 10.8% |
| FY23 | 4.2 | 77.8 | 0.0 | -1.8 | 5.9% |
Patil Automation IPO SUBSCRIPTION STATUS DETAILS
Patil Automation had 5.8 M shares on offer
Patil Automation IPO offer price was in the range ₹114 - ₹120
Patil Automation IPO minimum Investment was ₹136800
Patil Automation IPO issue size was ₹ 661.3 M - ₹ 696.1 M
Patil Automation had a minimum lot size of 1200 Shares per application
Patil Automation NUMBER OF SHARES ON OFFER
Patil Automation IPO IMPORTANT DATES
| Issue Open Date | 16 Jun 2025 |
| Issue close Date | 18 Jun 2025 |
| Allotment Date | 19 Jun 2025 |
| Refund Date | 20 Jun 2025 |
| Demat Account Credit Date | 20 Jun 2025 |
| Listing Date | 23 Jun 2025 |
| Listing on Exchange(s) | NSE |
| Patil Automation Allotment Status | Exchange/ Registrar |
Patil Automation IPO subscription opened on 16 Jun 2025, and closed on 18 Jun 2025
IPO allotment for Patil Automation was finalized on Thursday, 19 Jun 2025
IPO listing for Patil Automation was on NSE on Monday, 23 Jun 2025
Patil Automation IPO LISTING GAINS
| Issue Price (adjusted) | 120.0 |
| Listing Open Price | 155.0 |
| Listing Close Price | 162.8 |
| Listing Gain% | 29.2% |
| Current Gain% | 75.6% |
Patil Automation Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Patil Automation Ltd. | 210.8 | 459.9 | 25.9 | 2.7 | 12.8 | 8 | 172.8 | 17.8 | 8.1 | ||||
| Cummins India Ltd. | 5426 | 150408.7 | 63.5 | 6 | 11.9 | 27.9 | 20.9 | 12660.5 | 16.8 | 2361.8 | 18.1 | 85.4 | 10.6 |
| GE Vernova T&D India Ltd. | 4299 | 110074.4 | 84.3 | 1.2 | 16.4 | 45.8 | 15.9 | 6297.2 | 44.6 | 1233.2 | 102.7 | 51 | 70.6 |
| 3M India Ltd. | 36035 | 40593.8 | 77.7 | 6.4 | 8 | 29.5 | 16.6 | 5138.5 | 13.8 | 522.3 | 9.7 | 463.7 | 12.2 |
| Kirloskar Oil Engines Ltd. | 2161.7 | 31457 | 57.6 | 3.7 | 4 | 15.9 | 5.3 | 7771.2 | 21.5 | 574.3 | 17.4 | 37.5 | 15.8 |
| Jyoti CNC Automation Ltd. | 784.3 | 17836.8 | 55.4 | -12.6 | 8.1 | 16.8 | 9.3 | 2153.6 | 17.5 | 336 | 6.3 | 14.1 | -4.4 |
Patil Automation INFORMATION ON IPO ISSUE
About Patil Automation
Patil Automation Ltd. was incorporated on July 22, 2015. The company provides customised automation solutions, mainly for the automotive sector, including design, manufacturing, and installation of welding lines, assembly systems, and special-purpose machinery tailored to client needs
Object of the Issue
- Funding of capital expenditure towards the setup of a new manufacturing facility
- Repayment of a portion of certain borrowings availed by the company
- General corporate purposes
Patil Automation - PROMOTERS
| Name |
|---|
| Manoj Pandurang Patil |
| Aarti Manoj Patil |
| Prafulla Pandurang Patil |
Patil Automation Book Running Lead Manager
Seren Capital Private Limited
info@serencapital.in
Patil Automation Registrar to the issue
Purva Shareregistry (India) Private Limited
newissue@purvashare.com
Patil Automation Strengths
Design & development capabilities
The company’s design and development process focuses on creating client-specific automation solutions using advanced software like E-PLAN, CATIA V5, and AutoCAD to ensure efficiency and precision. Finalised designs are then transferred to the manufacturing team for execution
In-house manufacturing facility
The company operates two in-house manufacturing units with a combined area of ~109,000 sq. ft., equipped with CNC and precision machinery for automation system production. In-house testing facilities support quality control and streamlined inventory and production management
Recognition
In FY25, the company supplied products to over 52 customers, including OEMs and Tier I suppliers, across 10 Indian states. It has received repeat orders and multiple customer awards for performance and innovation
Patil Automation Risks
Dependent on the automotive sector
The company provides automation solutions to industrial clients, mainly in the automotive sector, including OEMs and Tier I suppliers looking to establish or upgrade production setups
Quality standards
The company is subject to strict quality standards, and any non-compliance may result in order cancellations, product recalls, warranty claims, and legal disputes
Competition
The company’s competitiveness depends on its ability to adapt to evolving technologies and regulations by developing timely automation solutions. Failure to acquire necessary technical know-how or market acceptance may impact its operations and growth
IPO FAQs
The promoters of the company are Manoj Pandurang Patil, Aarti Manoj Patil and Prafulla Pandurang Patil.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 114.0 - 120.0.
The IPO application opens on Jun 16, 2025 and closes on Jun 18, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 136,800.0, the maximum value for this IPO is Rs 144,000.0.
This IPO will be allotted on Jun 19, 2025.
The refund will be credited to your account on Jun 20, 2025.
The allotted shares will be credited to your demat on Jun 20, 2025.
Patil Automation Ltd.’s shares listed on the stock exchanges on Jun 23, 2025.