Patil Automation IPO

NSELot: 1200

LISTEDSME
Issue Price120
Listing155
Current137
Price Band
114 - ₹120
Lot Size
1,200
Issue Size
₹69.61 Cr
GMP
0
Subscription
0.71x

IPO Schedule

1
Open
16 Jun
2
Close
18 Jun
3
Allotment
-
4
Listing
23 Jun

About Patil Automation

Patil Automation specializes in providing robotic welding solutions, CNC machine tending, and other automation solutions to diverse industries. They focus on enhancing manufacturing processes through innovative and customized automation technologies.

Subscription Status

QIB
0.01x
NII
1.82x
Retail
0.64x
CategoryDay 3Day 2Day 1
QIB82.92x0.09x0.01x
NII258.18x3.07x1.82x
Retail44.77x3.32x0.64x
Total101.42x2.34x0.71x

Risk Factors

SME IPOs are inherently riskier due to lower liquidity and increased price volatility.
Dependence on specific industries or large clients could impact revenue if those sectors face downturns.
Competition from larger, more established automation companies with greater resources.