Patil Automation Limited, a provider of customized automation solutions, is launching its Initial Public Offering (IPO) on Monday, June 16th, offering a new opportunity for investors seeking profit through IPO investments.
IPO Details: For those dreaming of profiting from IPOs in the stock market, a great opportunity has arisen. Pune-based Patil Automation Limited, offering customized automation solutions, has opened its Initial Public Offering (IPO) to investors from June 16th. The IPO will remain open for investment until June 18th. The company aims to utilize the raised capital to fuel its expansion plans.
This IPO is considered particularly attractive to investors who believe in the potential of technological solutions, electric vehicles, and the defense sector.
IPO Plan Overview
Patil Automation Limited is issuing a total of 5.801 million equity shares, aiming to raise ₹69.61 crore. The IPO shares will be listed on the NSE's SME platform, Emerge. The company has set the price per share between ₹114 and ₹120.
Bidding for this issue will commence on June 16th and continue until June 18th. Share allocation is expected on June 19th, with listing anticipated in the last week of June.
Minimum Investment Amount
To invest in this IPO, a minimum investment of ₹1,36,800 is required. This amount corresponds to bidding for two lots of 1200 shares each, totaling 2400 shares—the company's minimum investment limit.
Use of Funds
Patil Automation will primarily utilize the funds raised from its IPO for three main purposes:
- Establishment of a new manufacturing unit
- Partial or complete debt repayment
- Capital expenditure for general corporate purposes
The company aims to enhance its production capacity to meet the growing demands of its business, particularly in the EV (Electric Vehicle) and defense automation sectors.
Company Strengths and Business Profile
Patil Automation is a technology-driven company that designs fully automated robotic production lines and customized automation solutions for sectors such as automobiles, electric vehicles, defense, and agricultural machinery. The company primarily serves Tier I and Tier II suppliers, OEMs (Original Equipment Manufacturers), and parts manufacturers.
Managing Director Manoj Patil stated that this IPO is a significant step in supporting Patil Automation's long-term vision and future plans.
Strong Financial Performance
The company has demonstrated impressive financial performance over the past few years. In fiscal year 2025, Patil Automation recorded a total revenue of approximately ₹118.05 crore and a post-tax profit of ₹11.70 crore. These figures indicate the company's consistent business growth and b profitability.
Consistent growth in income and profits over the past three years inspires investor confidence.
Lead Manager and Registrar
Serene Capital has been appointed as the book-running lead manager for this IPO, while Purva Share Registry India Private Limited serves as the registrar. Both entities are considered experienced in the market, promising a transparent and efficient IPO process.
Suitable Investors
This IPO is suitable for investors interested in mid-cap and technology-based businesses seeking potentially high returns with relatively higher risk. Since this is an SME segment issue, liquidity might be somewhat limited, but growth potential is b.
For those seeking investment in future-oriented sectors like technology, EVs, defense, and automation, Patil Automation's IPO could be a beneficial addition to their portfolio.
