Archive · 14 Jun 2025
Patil Automation Raises ₹20 Crore Ahead of IPO
Patil Automation, a company that makes robots for factories, is getting ready to sell shares to the public through an IPO.
Before the IPO, the company got about ₹20 crore from some big investors.
One of these investors is a company supported by Madhu Kela, a well-known investor.
The IPO is set to begin on June 16.
Patil Automation is hoping to raise almost ₹70 crore by selling new shares.
The company builds robots and automation systems used in various industries, including cars and defense.
Patil Automation raised nearly ₹20 crore from anchor investors ahead of its IPO.
The IPO will open for subscription on June 16 and close on June 18.
Chartered Finance & Leasing Limited, backed by Madhusudan Kela, participated in the anchor book.
The company plans to raise ₹69.61 crore from the IPO through a fresh issue of equity shares.
Patil Automation designs and manufactures automated robotic lines for various sectors.
- Who
- Patil Automation, a manufacturer of automated robotic lines, is conducting the IPO.
- What
- Patil Automation is launching an IPO and raised funds from anchor investors.
- When
- The IPO opens on June 16 and closes on June 18.
- Where
- The IPO will be listed on the NSE SME platform.
- Why
- To raise capital for its business operations.
- IPO Amount
- ₹69.61 crore
- Anchor Investment Raised
- ₹19.81 crore
- Anchor Investors
- 11
- Share Price
- ₹120 per share
- Listing Date (Likely)
- June 23
- Book Running Lead Manager
- Seren Capital