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Patron Exim IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Pharmaceutical sector. Interactive Financial Services is the merchant banker of Patron Exim IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th January 2023.
Patron Exim IPO open date is 21st February 2023 and close date is 24th February 2023. IPO Allotment Date is 1st March 2023 and Listing date is 6th March 2023.Patron Exim IPO size is Rs 16.69 Cr. crores with IPO price of Rs 27.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the Patron Exim IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Patron Exim IPO.
Patron Exim IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Patron Exim IPO, based in Ahmedabad, operates in the Pharmaceutical sector with a focus on Provides pharmaceutical raw material. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Patron Exim IPO size is ₹ 16.69 Cr. Crores with fresh issue size of Rs 16.69 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Patron Exim IPO is expected to be 1st March 2023, after the finalization of basis of allotment. Investors can check Patron Exim IPO allotment status on the registrars website, Bigshare Services Private Limited. Patron Exim IPO refund dates are 2nd March 2023.
Patron Exim IPO is expected to be listed on 6th March 2023.
The upper price band for the Patron Exim IPO is set at ₹ 27.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Patron Exim IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Patron Exim IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th February 2023. After submission, funds are blocked until the basis of allotment of Patron Exim IPO is finalised.
The merchant banker for Patron Exim IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Patron Exim IPO RHP for further details.
The registrar for Patron Exim IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Patron Exim IPO through their official website or helpline.
Patron Exim IPO was subscribed 1.07 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.69 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.81 Cr.
Sector: Pharmaceutical
SME IPO so far:
34
Merchant Banker:
Interactive Financial
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 14.40 cr.
PE
Ratio:
28.72x
Average Sector PE Ratio: 20.29x
Patron Exim IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Patron Exim Financial Review Page
Merchant Banker(s) of Patron Exim IPO: Interactive Financial Services Limited
Patron Exim IPO subscription was 1.07 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Patron Exim IPO listed at a listing price of 28.40 against the offer price of 27.00.
The current market price of Patron Exim is 6.45.
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