Patil Automation IPO is a book-built issue IPO, aiming to raise ₹66.10 crore. It is an entirely a fresh issue of 55.08 lakh shares. The bidding window was open from June 16, 2025, to June 18, 2025, with the IPO allotment to be finalised tomorrow on June 19, 2025. Patil Automation is scheduled to list on NSE SME on June 23, 2025.
The IPO was priced at a range of ₹114 – ₹120 per share with a lot size of 1200 shares. The public issue received bids for 17,82,01,200 shares against 38,56,800 shares available, resulting in an overall subscription of 46.20 times. NIIs led the response, subscribing 93.47 times their quota, followed by QIBs at 44.33 times.
Patil Automations' ₹66.10 crore IPO, priced between ₹114 – ₹120 per share, was subscribed 46.20 times overall. The IPO is an entirely a fresh issue of 55.08 lakh shares. Bidding took place from June 16 to June 18, 2025, with the Patil Automation IPO allotment status on June 19, 2025. Retail investors subscribed 27.01 and NIIs 93.47 times. Listing is expected on June 23, 2025.
The table below breaks down the Patil Automation share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 2,92,800 (7.06%) |
Anchor Investor Shares Offered | 16,51,200 (39.79%) |
QIB Shares Offered | 11,01,600 (26.55%) |
NII (HNI) Shares Offered | 8,26,800 (19.92%) |
Retail Shares Offered | 19,28,400 (46.47%) |
Total Shares Offered | 1,58,16,581 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 44.33 |
Non-Institutional Investors | 93.47 |
Retail Individual Investors | 27.01 |
Total shares | 46.20 |
Note: The subscription details are as of June 18, 2025
Patil Automation Limited, established in 2015, specialises in providing automation solutions to industrial clients, primarily within the automotive sector. The company focuses on designing, manufacturing, testing, and installing customised automation systems.
These systems include welding lines (spot, MIG, TIG), assembly lines, material handling equipment, and specialised machinery, all tailored to meet the specific production needs of clients. The client base largely consists of Automotive Original Equipment Manufacturers (OEMs), their Tier I suppliers, and manufacturers of automotive components.
These clients look to Patil Automation for help in setting up, expanding, upgrading, or modifying their production facilities, aiming to optimise manufacturing processes and reduce manual work. Patil Automation's product offerings also feature assembly and welding fixtures, robotic cells, and various testing and inspection systems.
Beyond products, the company offers crucial support services like repair, maintenance, modification, and manpower support to ensure smooth system operations. Industrial automation is a significant force in economic transformation, boosting efficiency and productivity across sectors. It's a cornerstone for the automotive industry, enhancing production efficiency, precision, and scalability by reducing operational costs through automated systems, including robotic welding.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 18, 2025, 4:54 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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