Patel Engineering Ltd IPO


IPO Subscription Details

  • Open Date 03 May
  • Close Date 09 May
  • Lot Size 15
  • IPO Size ₹ 425 Cr
  • IPO Price Range ₹ 440
  • Min Investment ₹ 6600

IPO Synopsis

Public issue of 96,59,090 equity shares of Re. 1 each at a price of Rs.440/- per equity share(including share premium of Rs.439/- per Equity Share) for cash aggregating Rs.425.00 crores (hereinafter referred to as the Issue). The issue comprises a net issue to the public of up to 91,76,135 Equity Shares of Re. 1 each aggregating to Rs. 403.75 crores (net issue) and a reservation for existing retail shareholders of the company of up to 4,82,955 equity shares of Re. 1 each (existing retail shareholders reservation portion) aggregating to Rs. 21.25 crores. The issue will constitute [*]% of the fully diluted post issue paid-up capital of the company. The issue price is 440 times of the face value Re.1

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Patel Engineering Ltd IPO

Contact Information


Patel Estate Road,
Jogeshwari (West),
Mumbai, Maharashtra 400102

Patel Engineering Ltd IPO Lead Manager

Enam Financial Consultants Pvt LtdICICI Securities Ltd