{"id":42828,"date":"2025-06-13T14:09:35","date_gmt":"2025-06-13T08:39:35","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2025\/06\/13\/patil-automation-limited-ipo-opens-on-june-16-2025\/"},"modified":"2025-06-13T14:09:35","modified_gmt":"2025-06-13T08:39:35","slug":"patil-automation-limited-ipo-opens-on-june-16-2025","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2025\/06\/13\/patil-automation-limited-ipo-opens-on-june-16-2025\/","title":{"rendered":"Patil Automation Limited IPO Opens on June 16, 2025"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2025\/06\/Image-Patil-Automation.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Left to Right: Gautam Lath as Director, Seren Capital, Piyusha Patil as Promotor Group, Manoj Patil as MD and Santoshkumar Patil as Independent Director, Patil Automation Limited-pnn\" decoding=\"async\"><\/p>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], June 13:<\/strong> <\/span>Patil Automation Limited (The Company, Patil Automation) designs and manufactures fully automated robotic lines and custom automation solutions for manufacturers across diverse sectors,\u00a0proposes to open its Initial Public Offering on Monday, June 16, 2025, aiming to raise\u00a0\u20b9\u00a069.61 Crore (At Upper Price Band),\u00a0with shares\u00a0to be listed on the NSE Emerge platform.<\/p>\n<p>The issue size is 58,00,800 equity shares at a face value of\u00a0\u20b9\u00a010 each with a price band of\u00a0\u20b9\u00a0114 \u2013\u00a0\u20b9\u00a0120 Per Share.<\/p>\n<p><strong>Equity Share Allocation<\/strong><\/p>\n<ul type=\"disc\">\n<li>QIB Anchor Portion \u2013 Up to 16,51,200 Equity Shares<\/li>\n<li>Qualified Institutional Buyer \u2013\u00a0Up to 11,01,600\u00a0Equity Shares<\/li>\n<li>Non-Institutional Investors \u2013 Not less than 8,26,800\u00a0Equity Shares<\/li>\n<li>Retail Individual Investors \u2013 Not less than 19,28,400\u00a0Equity Shares<\/li>\n<li>Market Maker \u2013 2,92,800 Equity Shares<\/li>\n<\/ul>\n<p>The net proceeds from the IPO will be utilized for capital expenditure towards the setup of a new manufacturing facility, repayment of certain borrowings availed by the Company, and general corporate purposes. The anchor bidding will open on June 13, 2025 and the issue will close on June 18, 2025.<\/p>\n<p>The Book Running Lead Manager to the Issue is Seren Capital Private Limited, The Registrar to the Issue is Purva Sharegistry (India) Private Limited.<\/p>\n<p><strong>Mr. Manoj Patil, Managing Director of<\/strong>\u00a0<strong>Patil Automation Limited\u00a0<\/strong>expressed, \u201cAs we take the next step in our journey with this public offering, our focus remains on strengthening Patil Automation\u2019s position as one of the leading providers of customized industrial automation solutions. We have developed strong partnerships with top OEMs and component manufacturers by consistently delivering tailored, high-quality automation systems. Our widespread presence across 10 states and multiple repeat orders demonstrate the effectiveness of our solutions and our dedication to meeting client needs.<\/p>\n<p>The upcoming IPO is a significant milestone aligned with our long-term vision. The capital raised will be deployed towards setting up a new manufacturing facility, enabling us to meet rising demand, especially in the electric vehicle segment and Defence. It will provide financial flexibility to support future growth.\u201d<\/p>\n<p><strong>Mr.<\/strong>\u00a0<strong>Gautam Lath<\/strong><strong>, Director of Seren Capital Private Limited\u00a0<\/strong>said, \u201cWe are pleased to be associated with Patil Automation Limited as the lead manager for their Initial Public Offering. The company has established a steady presence in the industrial automation sector by offering practical and customized solutions to OEMs and component manufacturers.<\/p>\n<p>With growing emphasis on efficiency and technology adoption across industries, the demand for automation is steadily increasing. Patil Automation is well positioned to meet this demand with its current capabilities and experience.<\/p>\n<p>We believe the proceeds from the IPO will support the company in expanding its manufacturing infrastructure and strengthening its presence in emerging segments.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], June 13: Patil Automation Limited (The Company, Patil Automation) designs and manufactures fully automated robotic lines and custom automation solutions for manufacturers across diverse sectors,\u00a0proposes to open &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2025\/06\/13\/patil-automation-limited-ipo-opens-on-june-16-2025\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":42829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-42828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/42828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=42828"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/42828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/42829"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=42828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=42828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=42828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}