₹114-₹120 Issue Size
₹69.61 Cr.
₹1,36,800.00 Max Bid
₹5,00,000.00
5800800 Min Qty
1200
About Patil Automation Limited
Patil Automation IPO is a bookbuilding of Rs 69.61 crores. The issue is entirely a fresh issue of 58.01 lakh shares.
Patil Automation IPO opens for subscription on June 16, 2025 and closes 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 RS 114 to Rs 120 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is Rs 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 Rs 1,44,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 2,88,000.
Seren Capital Private Limited is the book-running lead manager of the Patil Automation IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.The market maker for Patil Automation IPO is Mansi Share & Stock Broking Private Limited.
Patil Automation Limited Timeline
| Issue open date | 16 Jun 2025 10 AM |
| Issue close date | 18 Jun 2025 5 PM |
| Allotment finalization | 19 Jun 2025 |
| Refund initiation | 20 Jun 2025 |
| Share credit | 20 Jun 2025 |
| Listing date | 23 Jun 2025 |