
Capital Goods / Industrial Automation · NSE
Patil Automation Limited, established in 2015, is a company that offers welding and automation solutions. With five operational units across India, including two in Pune, the company provides complete automation services such as welding lines, assembly lines, material handling systems, gantries, and machines for production and testing. It operates on a total area of 460,000 square feet. The company specializes in designing, manufacturing, testing, and installing custom automation systems tailored to meet specific production needs. These systems include spot, MIG, and TIG welding lines, various types of assembly lines, and special-purpose machines. Its range of products includes robotic welding systems, spot welding systems for automotive and sheet metal industries, arc welding solutions like MIG, TIG, and plasma welding, and resistance welding systems for industries that require strong welded joints. It also offers automated car body assembly lines, engine and transmission assembly systems, and high-speed assembly lines for electrical and electronics products. Additionally, the company provides different types of conveyor systems, robotic gantries, pick-and-place systems, Automated Guided Vehicles (AGVs), vision inspection systems powered by AI, leak testing machines, and end-of-line testing systems to ensure product quality before delivery. As of March 31, 2025, Patil Automation had sold products in 10 Indian states including Maharashtra, Haryana, Karnataka, Gujarat, Madhya Pradesh, and Tamil Nadu, and employed 244 full-time staff along with approximately 256 contract worker.
Price Band
₹114 – ₹120
Issue Size
₹69.61 Cr
Lot Size
1200 shares
GMP
+25.8%
Est. Listing
₹151
at current GMP
Subscribed
101.42x
overall
Open
16 Jun 2025
Close
18 Jun 2025
Allotment
19 Jun 2025
Refund
20 Jun 2025
Demat Credit
21 Jun 2025
Listing
23 Jun 2025
Overall Subscription
101.42x
Total Demand
QIB Multiplier
82.92x
Institutions & Funds
NII / HNI
258.18x
High Net-Worth
Retail (RII)
44.79x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,101,600 | 91,339,200 | 82.92x |
| NIB | 826,800 | 213,466,800 | 258.18x |
| RETAIL | 1,928,400 | 86,364,000 | 44.79x |
| Total | 3,856,800 | 391,170,000 | 101.42x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 64 | 0.00x |
| NIB | — | 5,950 | 0.00x |
| RETAIL | — | 71,970 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Patil Automation Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Automation sector with an aggregate issue size of ₹69.61 Crores. The shares are offered at a price band of ₹114 to ₹120 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-21, while un-allotted funds or UPI block mandates will be released on 2025-06-20.
The latest Grey Market Premium (GMP) for Patil Automation Limited IPO is ₹31 per equity share. Based on the upper price band of ₹114 to ₹120 per equity share, the estimated listing price is ₹151 (+25.8% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹31, the expected profit per application lot is approx ₹37,200 (+25.8% gain). Minimum application cost is approx ₹1,44,000.
The Patil Automation Limited IPO aggregate issue size is ₹69.61 Crores with an equity price band set at ₹114 to ₹120 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 101.42x (Retail: 44.79x, QIB: 82.92x, NII: 258.18x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Pvt Ltd) and the BSE status verification website on or around 2025-06-19. Investors can verify status using PAN card or application number.
Patil Automation Limited shares are scheduled to list on NSE on 2025-06-23.