247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Patil Automation Limited

Pune

Date of DRHP : 09 Jan 2025

Issue Type : Book Building Process

IPO Type :
SME IPO

Patil Automation Basic Details

   Corporate Solutions

Sub Sector: Automation solutions provider serving industrial clients, primarily in the automotive sector

Exchange:
NSE Emerge

About the Company

Patil Automation is an automation solutions provider serving industrial clients, primarily in the automotive sector. They are engaged in designing, manufacturing, testing and installation of customized automation systems such as welding lines (spot welding, MIG and TIG), assembly lines, material handling machineries and special-purpose machineries, tailored to meet the specific requirements of their clients' production facilities. Their client base primarily comprises of Automotive Original Equipment Manufacturers (OEMs), Tier I suppliers to Automotive OEMs and manufacturers of automotive components and sub-components, who seek to establish, expand, upgrade, modify or repair their production setup. Their automation solutions focus on optimizing manufacturing processes and reducing manual intervention at their clients' facilities. Their product offerings also include assembly fixtures, welding fixtures, robotic cells, testing and inspection systems and auxiliary items. These products and items support the automation systems and provide integrated solutions to the operational requirements of clients. Their testing and inspection systems include leak testing machines and inspection jigs and gauges to ensure product performance with industry standards. In addition, they also provide support services to their clients, including repair and maintenance services, modification services and manpower support services so as to support system operations.

Financial Summary (Annualised Basis)

Revenue :
120.96 Cr.

PAT :
12.24 Cr.

Patil Automation IPO Lead Manager(s)

Seren Capital Private Limited

Patil Automation IPO Registrar

Purva Shareregistry (India) Private Limited

Patil Automation DRHP Details

Objects of issue

  • Funding of capital expenditure towards setup of a new manufacturing facility
  • Repayment of a portion of certain borrowings availed by the Company
  • General Corporate Purposes

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FAQs

Patil Automation operates in Corporate Solutions and Automation solutions provider serving industrial clients, primarily in the automotive sector. The Issue would be listed on SME. The registrar of the Issue is Purva Shareregistry (India) Private Limited. The IPO type of Patil Automation is Book Building Process and Object of issue is

  • Funding of capital expenditure towards setup of a new manufacturing facility
  • Repayment of a portion of certain borrowings availed by the Company
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Patil Automation IPO was filed on 09 Jan 2025.

No, Patil Automation IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Patil Automation are not available now. You can apply in Patil Automation IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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