Patil Automation Limited IPO GMP Live, Open Date, Close Date, Price Band

Patil Automation Limited IPO open date is June 16, 2025, and the closing date is June 18, 2025. This new IPO is a book-built price issue worth up to Rs 69.61 crores. This upcoming IPO is offering an entirely fresh issue of 58,00,800 equity shares worth up to Rs 69.61 crore. 

Patil Automation Limited's IPO issue price band is Rs 114 to Rs 120 per share. As of now, the live GMP of the Patil Automation Limited IPO is at 0, indicating neutral sentiment and low interest among investors for this IPO.

Patil Automation Limited IPO lot size is 1200 shares, and the allotment status will be finalised on June 19, 2025. The minimum investment for retail investors is Rs 1,44,000. The registrar for the Patil Automation Limited IPO is Purva Sharegistry India Pvt Ltd. The listing date is June 23, 2025.

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Patil Automation Limited IPO GMP Live

Patil Automation Limited IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near Rs 120 per share. You can check the latest IPO Grey Market Premium today online.

Patil Automation Limited IPO Price Band

Patil Automation Limited's IPO price band is Rs 114 to Rs 120 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (120 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (120 x 2400 shares).

Patil Automation Limited Allotment Status

Patil Automation Limited IPO Allotment status is available on its registrar Purva Sharegistry India Pvt Ltd website on Jun 19, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Patil Automation Limited Listing Date

Patil Automation Limited's IPO listing date is June 23, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Patil Automation Limited IPO: Listing Date, Lot Size, Issue Size, Price Band

Patil Automation Limited: About the Company

Patil Automation Limited Limited, established in 2018 in Purulia, West Bengal, specializes in manufacturing high-quality ramming mass and refractory materials for the steel industry. 

The company operates a state-of-the-art facility with an annual production capacity of 132,000 metric tonnes, serving over 80% of India’s integrated steel plants. Monolithisch’s ramming mass is engineered for induction furnaces, offering ready-to-use solutions that enhance productivity, reduce labor costs, and streamline operations for secondary steel manufacturers.

Founded by industry experts Prabhat Tekriwal and Harsh Tekriwal, Patil Automation Limited is committed to innovation, sustainability, and customer-centricity.

The company invests heavily in research and development, ensuring consistent product quality and the introduction of advanced refractory solutions. 

With a focus on eco-friendly manufacturing practices and tailored support, Patil Automation Limited continues to expand its market presence and drive efficiency in steel production across eastern and central India.

Patil Automation Limited IPO Objectives

The Company Patil Automation IPO intends to deploy net proceeds as follows: Rs. 62.01 crores for capital expenditure to establish a new manufacturing facility; Rs. 4.00 crores to repay existing borrowings partially; and the balance for general corporate purposes. This allocation underscores the company’s commitment to enhancing production capacity, improving financial leverage, and maintaining strategic flexibility for future growth opportunities.

Patil Automation Limited IPO: Key Dates, Allotment, Listing Date

Patil Automation Limited IPO Promoter Holdings

Patil Automation Limited IPO promoters are Manoj Pandurang Patil, Aarti Manoj Patil and Prafulla Pandurang Patil.. Their combined shareholding before the IPO was 94.38%; post-IPO, their shareholdings will decline.

Patil Automation Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Patil Automation Limited IPO

Patil Automation Limited's lead manager is Seren Capital Private Limited. The company has appointed Purva Sharegistry India Pvt Ltd as the registrar for this public issue.

How to apply for the Patil Automation Limited IPO

Interested investors who want to apply for the Patil Automation Limited IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of the upcoming IPO on the Bigul platform.

Patil Automation Limited IPO FAQs

1. What are the core details available of the Patil Automation Limited IPO?

Patil Automation Limited IPO is a book-built price issue worth up to Rs 69.61 crores. The price band for this IPO is Rs 114 – Rs 143 per share. This upcoming IPO is offering entirely a fresh issue of 58,00,800 equity shares worth up to Rs 69.61 crore.

2. What is the Patil Automation Limited IPO open date and close date?

Patil Automation Limited IPO subscription opens on June 16, 2025, and closes on June 18, 2025.

3. What is Patil Automation Limited IPO GMP Live?

Patil Automation Limited IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same or near the allotment price, which is Rs 120 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Patil Automation Limited IPO Allotment status is available on its registrar, Kfin Technologies Limited's website. Once the IPO subscription ends after the closing of the IPO bidding, the allotment status of investors who applied for the IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Patil Automation Limited IPO?

Patil Automation Limited's IPO lead manager is Seren Capital Private Limited.. The company has appointed Purva Sharegistry India Pvt Ltd as the registrar for this public issue.

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