Patil Automation came to market through an SME IPO that opened on 16 June 2025 and closed on 18 June 2025, and the shares listed on 23 June 2025 on NSE SME. The price band was ₹114 to ₹120 per share and one lot was 1200 shares, so the minimum application was ₹1,44,000. The issue size was ₹69.61 crore. The whole issue was fresh shares, so the money raised went to the company.
Purva Sharegistry India Pvt Ltd was the registrar to the issue, and Seren Capital Private Limited was the lead manager.
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Founded in 2015, Patil Automation Limited is a welding and line automation solutions company. It has five functional units in India, two of which are in Pune, it provides end-to-end automation services including welding lines, assembly lines, auto handling, gantries, production, and testing special-purpose machines. The company has acquired an aggregate area of 460,000 sq. ft.
for its functions.The firm specializes in the design, production, testing, and installation of tailor-made automation systems, such as welding lines (spot, MIG, and TIG), assembly lines, and special-purpose machines, which are specifically designed to meet customers' production requirements. The products offered by the firm include the automation systems as below: Robotic Welding Systems – Robotic welding for precision and efficiency. Spot Welding Systems – Automotive and sheet metal industries' high-speed spot welding.
Arc Welding Solutions – MIG, TIG, and plasma welding for a diverse range of applications. Resistance Welding Systems – Applied in high-strength welded joint requirement industries. Automated Car Body Assembly Lines – Applied in automotive production. Engine and Transmission Assembly Systems – High-precision assembly of engine parts. Electrical and Electronics Assembly Lines – High-speed electronics product automation. Conveyor Systems – Belt, roller, and chain conveyor for smooth material flow. Robotic Gantries & Pick-and-Place Systems – Automated loading and unloading systems.
Automated Guided Vehicles (AGVs) – Autonomous material handling systems for warehouses. Vision Inspection Systems – Artificial intelligence-driven machine vision for real-time defect detection. Leak Testing Machines – Employed to test pressure-based products. End-of-Line Testing Systems – Guarantees product quality prior to shipment. Through March 31, 2025, the company had sold products in 10 Indian states: Maharashtra, Haryana, Karnataka, Gujarat, Madhya Pradesh, and Tamil Nadu.
At the end of March 31, 2025, there were 244 full-time employees and approximately 256 contract workers.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Manoj Pandurang Patil, Aarti Manoj Patil, Prafulla Pandurang Patil. Promoter holding 94.38% before the issue.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Patil Automation IPO was a ₹69.61 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹114–₹120 per share with a lot size of 1,200 shares (₹1,44,000). The IPO was open from June 16 to June 18, 2025. Shares listed on NSE SME on June 23, 2025 at ₹155, a 29.2% premium to the issue price of ₹120. Purva Sharegistry India Pvt Ltd is the registrar. Seren Capital Private Limited is the book running lead manager.
The price band of Patil Automation IPO is ₹114 to ₹120 per share.
The lot size of Patil Automation IPO is 1200 shares.
The minimum investment for Patil Automation IPO is approximately ₹1,44,000 based on the upper price band.
The allotment date of Patil Automation IPO is Jun 19, 2025.
Patil Automation IPO's final recorded GMP before listing was ₹28 per share (a 23% premium over the ₹120 upper price band). The shares listed at ₹155. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Patil Automation IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Patil Automation IPO allotment status on Rupix for quick and easy access.
₹114 to ₹120 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,44,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,44,000, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 16 June 2025 and closed on 18 June 2025.
The basis of allotment was published on 19 June 2025 by Purva Sharegistry India Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 23 June 2025 on NSE SME.
The issue size was ₹69.61 crore. The fresh issue was 58,00,800 shares (aggregating up to ₹69.61 crore).