Patil Automation Limited

16 Jun 2025 - 18 Jun 2025 Individual Category SME NSE

Min Investment

₹144000

Price Band

₹114-₹120

Issue Size

41.5 lakhs
Equity Shares

Lot Size

1200

IPO Dates
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16 Jun 2025

Open Date

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18 Jun 2025

Close Date

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19 Jun 2025

Allotment Date

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23 Jun 2025

Listing Date

Patil Automation Limited IPO open date is June 16, 2025, and the closing date is June 18, 2025. This upcoming IPO is offering an entirely fresh issue of 58,00,800 equity shares. 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.

Know Before Investing

Strengths icon

  • Trusted brand with strong customer recognition.
  • Integrated in-house manufacturing with testing boosts efficiency and quality.
  • Experienced promoters offer strategic leadership and industry insight.

Weaknesses icon

  • Workforce size may restrict scalability without strategic hiring.
  • Outstanding borrowings of ₹22.93 Cr pose financial obligations.
  • Capital-intensive operations may impact cash flow and growth.

About Patil Automation Limited

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.

Founded

2018

Managing Director

Manoj Pandurang Patil

Parent Organization

-

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.

Company Promoters

Manoj Pandurang Patil

Aarti Manoj Patil

Prafulla Pandurang Patil

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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