Patil Automation IPO - Day 3 Subscription at 101.42 Times

Patil Automation's initial public offering (IPO) has demonstrated outstanding investor demand through its three-day subscription period, with Patil Automation's stock price set at ₹120 per share and Patil Automation's share price expected to reflect exceptional market reception. The ₹66.10 crore IPO has witnessed remarkable progress, with subscription rates opening at 0.71 times on day one, improving to 2.34 times on day two, and reaching outstanding 101.42 times by 5:40:00 PM on the final day, demonstrating tremendous investor interest in this welding and line automation solutions specialist established in 2015, operates five facilities across India including two in Pune with 460,000 sq. ft. total operational space,.

Patil Automation IPO non-institutional investors segment leads with phenomenal 258.18 times subscription, while qualified institutional buyers show exceptional participation at 82.92 times and retail investors demonstrate solid interest at 44.77 times, reflecting tremendous investor confidence in this automation company serving customers across 10 Indian states with comprehensive welding and assembly solutions portfolio, employing 244 full-time employees and 256 contract laborers, and raised ₹19.81 crores from 11 anchor investors including Nav Capital VCC, Evergrow Capital Opportunities Fund, Niveza Investments, and Chartered Finance & Leasing Limited.

Patil Automation IPO subscription reached an outstanding 101.42 times on the final day, led by NII (258.18x), QIB (82.92x), and Retail (44.77x). Total applications reached 77,965.

Subscription Status of Patil Automation IPO:

Here are the subscription details for Patil Automation IPO as of Day 3 (June 18, 2025, 5:40:00 PM):

Samay Project Services IPO Reservation

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Key Highlights - Day 3:

• Overall subscription reaching an outstanding 101.42 times, a massive surge from day two's 2.34 times
• NII segment leading with phenomenal demand at 258.18 times, an extraordinary jump from day two's 3.07 times
• QIB segment showing exceptional participation at 82.92 times, a remarkable increase from day two's 0.09 times
• Retail segment demonstrating solid interest at 44.77 times, strong improvement from day two's 3.32 times
• Total applications reached 77,965, indicating massive investor participation
• The cumulative bid amount reached ₹4,693.77 crores against the issue size of ₹66.10 crores
• Final day demonstrating exceptional confidence in the automation sector
• All investor categories are showing outstanding oversubscription, reflecting robust market reception

Patil Automation IPO - Day 2 Subscription at 2.34 Times

Key Highlights - Day 2:

• Overall subscription improving to 2.34 times, showing steady progress from day one's 0.71 times
• Retail segment leading with solid demand at 3.32 times, strong improvement from day one's 0.64 times
• NII segment showing moderate interest at 3.07 times, improvement from day one's 1.82 times
• QIB segment showing minimal participation at 0.09 times, a slight increase from day one's 0.01 times
• The second day demonstrates building confidence in the automation sector
• Retail category showing encouraging momentum, while institutional participation remains measured

Patil Automation IPO - Day 1 Subscription at 0.71 Times

Key Highlights - Day 1:

• Overall subscription opening is moderate at 0.71 times, showing cautious initial investor interest
• NII segment leading with early participation at 1.82 times, indicating initial high-net-worth confidence
• Retail segment showing moderate early interest at 0.64 times, reflecting individual investor caution
• QIB segment showing minimal initial participation at 0.01 times on day one
• Opening day demonstrates measured investor engagement across categories
• Initial momentum reflecting careful assessment of the automation business model

About Patil Automation Limited

Established in 2015, Patil Automation Limited specialises in welding and line automation solutions with five operational facilities across India, totalling 460,000 sq. ft. The company designs, manufactures, tests, and installs customised automation systems, including welding lines (spot, MIG, and TIG), assembly lines, and special-purpose machinery.

The company's product portfolio includes robotic welding systems, spot welding systems for automotive industries, arc welding solutions, resistance welding systems, automated car body assembly lines, engine and transmission assembly systems, electrical and electronics assembly lines, conveyor systems, robotic gantries & pick-and-place systems, automated guided vehicles (AGVs), vision inspection systems with AI-based machine vision, leak testing machines, and end-of-line testing systems.

Financial performance shows solid growth with revenue increasing 3% from ₹118.72 crores in FY2024 to ₹122.04 crores in FY2025, while profit after tax surged 49% from ₹7.84 crores to ₹11.70 crores. The company maintains strong profitability metrics with 27.28% ROE, 21.62% ROCE, operates with a debt-to-equity ratio of 0.43, and has a market capitalisation of ₹261.85 crores.

Highlights of the Patil Automation IPO:

• IPO type: Book Building IPO
• IPO size: ₹66.10 crores
• Fresh Issue: 55.08 lakh shares
• Face value: ₹10 per share
• Issue price: ₹120 per share
• Lot size: 1,200 shares
• Minimum investment for retail investors: ₹1,44,000 (1 lot, 1,200 shares)
• Minimum investment for HNI: ₹2,88,000 (2 lots, 2,400 shares)
• Anchor investor allocation: ₹19.81 crores
• Book-running lead manager: Seren Capital Private Limited
• Registrar: Purva Sharegistry India Pvt Ltd
• Market maker: Mansi Share & Stock Broking Private Limited
• Listing at: NSE SME
• IPO opens: June 16, 2025
• IPO closes: June 18, 2025
• Allotment date: June 19, 2025
• Listing date: June 23, 2025