Archive · 19 Jun 2025
Patil Automation IPO Allotment Expected June 19
Patil Automation had an IPO, which is when a company sells shares to the public for the first time.
The IPO was very popular, meaning many people wanted to buy shares.
The shares were offered at ₹120 each, and now investors are waiting to find out if they got the shares they applied for.
The company raised money to grow its business.
The price of the shares in the market is predicted to be higher than the IPO price, suggesting the IPO was a success.
Patil Automation IPO allotment is scheduled for June 19.
The IPO was oversubscribed by 101.42 times overall.
The IPO price band was set at ₹120 per share.
The company raised ₹66.10 crore through a fresh issue of shares.
GMP for the IPO is ₹22, suggesting a listing price of ₹142.
- Who
- Patil Automation.
- What
- Patil Automation IPO allotment status.
- When
- Allotment date is June 19, the IPO ran from June 16 to June 18.
- Where
- NSE SME.
- Why
- To raise ₹66.10 crore through a fresh issue of shares.
- Allotment Date
- June 19
- IPO Price
- ₹120 per share
- Total Subscription
- 101.42 times
- Amount Raised
- ₹66.10 crore
- GMP
- ₹22
- Estimated Listing Price
- ₹142
