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Patil Automation IPO

Patil Automation Ltd

₹1,36,800 / 1200 Shares
Minimum Investment

Open Date

16 Jun 2025

Close Date

18 Jun 2025

Lot Size

1200

Min. Investment

₹1,36,800

Issue Price

₹114 - ₹120

Listing Date

16 Jun 2025

Issues Size

69.61Cr

IPO Doc

RHP PDF

About Patil Automation

Patil Automation is an industrial automation solutions provider primarily catering to clients in the automotive sector. The company is involved in the design, manufacturing, testing, and installation of customised automation systems such as welding lines (spot, MIG, and TIG), assembly lines, material handling equipment, and special-purpose machines. Its offerings include robotic cells, inspection systems, assembly and welding fixtures, and auxiliary components tailored to specific production requirements. Patil Automation also provides repair, maintenance, modification, and manpower support services. The company operates two manufacturing units located in MIDC Chakan, Village Sudumbre, Pune, with a combined built-up area of over 1 lakh sq. ft., equipped with CNC and other industrial-grade machinery. Design and simulation processes are carried out at its admin and design office in Baner, Pune. Use of Proceeds: The IPO is a fresh issue of shares. The net proceeds from the issue will be utilised for the following purposes: Funding of capital expenditure towards the setting up of a new manufacturing facility Repayment of borrowings General Corporate Purposes

Founded In

2015

Managing Director

Mr. Manoj Pandurang Patil

Parent Organization

Patil Automation Ltd

Application Details of Patil Automation IPO

Apply as Price Range Apply Upto
Regular ₹114 - ₹120 ₹2 Lakh
High Networth Individual ₹114 - ₹120 ₹2 - 5 Lakh

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FAQ's

Frequenlty Asked Question

Can I withdraw funds from my NPS account early?

Partial withdrawals of up to 25% are allowed after 3 years for specific purposes like medical emergencies, education, or house purchase.

How are NFO units allotted after subscription closes?

After the subscription period, units are allotted based on the face value and investment amount on the allotment date.

What is the exit or withdrawal rule in NPS?

You can withdraw 60% of the corpus at retirement tax-free and use 40% to buy an annuity for regular income.

What documents are required to invest in mutual funds via KSquare?

You need a PAN card, Aadhaar, bank details, and address proof for KYC verification before starting investments.

Can I nominate someone for my NPS account?

Yes, nomination is mandatory and can be easily added or updated through your KSquare profile.

What happens if mutual fund NAV falls after pledging?

A drop in NAV may trigger a margin call. KSquare notifies you early to take corrective actions if needed.

Do SIPs help in achieving children’s education goals?

Yes, SIPs offer structured savings and growth, ensuring funds are ready when needed for future school, college or career plans.

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