Patil Automation Limited (SME IPO)
Patil Automation IPO is a book-built issue of ₹69.61 crores, entirely comprising a fresh issue of 58.01 lakh equity shares. The IPO subscription window opens on June 16, 2025, and closes on June 18, 2025. The shares are expected to be listed on NSE SME on June 23, 2025.
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IPO Details & Subscription
IPO Timeline
Patil Automation IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 144000 |
| Retail (Max) | 1 | 1200 | 144000 |
| HNI (Min) | 2 | 2400 | 288000 |
Patil Automation IPO Reservation
Here's how the IPO shares are allocated across investor categories:
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue. |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue. |
Patil Automation Limited
Financial Information (Restated)
| Financial Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 115.35 | 91.77 | 94.04 |
| Revenue | 122.04 | 118.72 | 82.35 |
| Profit After Tax | 11.70 | 7.84 | 4.20 |
| Net Worth | 53.69 | 32.10 | 24.27 |
| Reserves and Surplus | 37.67 | 27.06 | 19.23 |
| Total Borrowing | 22.93 | 23.13 | 32.65 |
Key Performance Indicator (KPI)
The estimated market capitalization of Patil Automation IPO stands at ₹261.85 crores.
| KPI | Value |
|---|---|
| ROE | 27.28% |
| ROCE | 21.62% |
| Debt/Equity | 0.43 |
| RoNW | 21.80% |
| PAT Margin | 9.91 |
| Price to Book Value | 3.43 |
AI-Generated Analysis
Patil Automation IPO is a book-built issue of ₹69.61 crores, entirely comprising a fresh issue of 58.01 lakh equity shares. The IPO subscription window opens on June 16, 2025, and closes on June 18, 2025. The shares are expected to be listed on NSE SME on June 23, 2025.
The price band is set at ₹114 to ₹120 per share, with a lot size of 1200 shares. Retail investors must invest a minimum of ₹1,44,000 at the cutoff price to avoid rejection due to oversubscription. For HNIs, the minimum application size is 2 lots (2,400 shares), amounting to ₹2,88,000.
Seren Capital Private Limited is acting as the book-running lead manager, and Purva Sharegistry is the registrar. Mansi Share & Stock Broking is the designated market maker for the IPO.
✅ Industry Strength:
Automation and robotic systems are critical to the future of manufacturing, especially in automotive, engineering, and electronics sectors. Patil Automation is well-positioned to benefit from India’s growing industrial automation demand.
✅ Business Model:
The company offers end-to-end welding and automation solutions, including robotic systems, automated lines, inspection systems, and AGVs. Its in-house design, manufacturing, and testing capabilities ensure high-quality custom solutions.
✅ Diversified Product Portfolio:
From spot and arc welding to AI-powered vision systems and conveyor systems, Patil serves a wide industrial base, reducing sector-specific risk.
✅ Geographic Presence:
Operating in 10 states and with five production facilities, the company has an established footprint in India's key industrial zones.
✅ Human Capital:
With 244 employees and 256 contract workers, it reflects operational scale and readiness for large EPC or OEM contracts.
⚠️ Risks to Consider:
SME IPOs are generally less liquid and higher risk post-listing.
High valuation concerns may arise if future earnings don’t scale rapidly.
Competition from global automation companies could limit growth.
Patil Automation IPO Objectives
| S.No. | Objective | Amount (₹ Cr) |
|---|---|---|
| 1 | 1️⃣ 🏭 Capital Expenditure for establishing a new manufacturing facility | ₹62.01 Cr |
| 2 | 2️⃣ 💳 Partial Repayment of Borrowings | ₹4.00 Cr |
| 3 | 3️⃣ 🧾 General Corporate Purposes – [Undisclosed] |