Patil Automation IPO

Patil Automation Ltd

₹1,36,800 /1200 sharesMinimum Investment

Patil Automation IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹120.00₹155.00₹35.00 (29.17%)

Patil Automation IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
16 Jun ‘25 - 18 Jun ‘25₹1,36,8001,200₹114 - ₹120
Issue SizeIPO Doc
69.61Cr
RHP PDF

Subscription rate

As of 18 Jun'25, 04:00 PM
Qualified Institutional Buyers67.47x
Non-Institutional Investor177.79x
Retail Individual Investor34.53x
Total69.38x

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 organisation
Patil Automation Ltd

Strengths & Financials of Patil Automation

Strengths
Risks
As of FY25, Patil Automation has a dedicated team of 45 design and development professionals, focused on creating client-specific automation systems. The company claims to use advanced software tools, including E-PLAN, Delmia, CATIA V5, AutoCAD, Process Simulate, and Solid Edge to develop detailed mechanical and electrical designs.
The company operates two manufacturing units with a combined built-up area of approximately 109,000 sq. ft. in MIDC Chakan, Pune. These units are equipped with CNC bending machines, laser and plasma cutting machines, milling and surface grinding machines, and coordinate measuring machines (CMM).
Patil Automation is ISO 9001:2015 certified for quality management systems, ISO 45001:2018 certified for occupational health and safety management systems, and ISO 14001:2015 certified for environmental management systems.
The company claims to have received repeat orders from several clients and has been recognised by customers through awards such as the Best Supplier Award, Exceptional Performance Award, and Best Tech-Savvy Partner Award. Its customer base includes original equipment manufacturers (OEMs), Tier I suppliers, and electric vehicle manufacturers across 10 Indian states.
Apart from manufacturing automation systems, the company claims to offer end-to-end support, including installation, modification, repair, and manpower support services.
The company reported a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 77.81 crore in FY23 to Rs 115.28 crore in FY24 and Rs 118.05 crore in FY25. PAT increased from Rs 4.20 crore in FY23 to Rs 7.84 crore in FY24 and Rs 11.70 crore in FY25.
The company derived 97.46%, 98.30%, and 88.84% of its revenue from automotive sector clients in FY23, FY24, and FY25, respectively. Any slowdown in vehicle sales, changes in policy, or disruptions in the auto supply chain can negatively affect its financial performance.
The top 10 customers of the company contributed 76.67%, 79.51%, and 70.88% to the revenue from operations for FY25, FY24, and FY23, respectively. Any failure to retain these key customers, expand the customer base, or a loss of business from these clients can adversely affect the company’s business and financial standing.
Welding lines contributed 65.59%, 74.23%, and 77.45% to the revenue from operations for FY25, FY24, and FY23, respectively. Any decline in demand or sales of this key product due to market shifts, pricing pressures, or competition can materially impact the company’s business, financial condition, and overall performance.
The company does not have any long-term contracts with its suppliers. During FY25, FY24 and FY23, purchases from its top 10 suppliers were Rs 29.52 crore, Rs 36.54 crore and Rs 22.93 crore, constituting 50.75%, 46.81% and 49.99%, respectively, of its total purchases. Any fluctuation in prices, availability, or quality of raw materials in the absence of long-term supply contracts can materially impact the company’s production timelines, cost structure, and operational performance.
The company, its subsidiaries, promoters, and directors are involved in certain ongoing legal proceedings. Any adverse judgments in any of these cases could be detrimental to the company’s business prospects.
As of FY25, the company had trade receivables amounting to Rs 49.93 crore. Any failure to collect these receivables on time or at all can negatively impact the business and its financial condition.
Patil Automation operates solely from its two units in Village Sudumbre, Pune. Any disruption at this location could result in significant operational delays and impact production.
In FY23, FY24, and FY25, the company’s production capacity utilisation was 54.51%, 77.99%, and 86.94%, respectively, against an installed capacity of 2,304 units for welding lines (welding cells and fixtures) and assembly lines. Any inability to scale effectively may lead to underutilisation of manufacturing capacity.
As of FY25, the company had outstanding financial indebtedness of Rs 31.86 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.

Patil Automation Financials

*All values are in Rs. Cr
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Application Details of Patil Automation IPO

Apply asPrice bandApply Range
Regular114 - 120₹2 - 5 Lakh
High Networth Individual114 - 120₹2 - 5 Lakh
For Patil Automation IPO, eligible investors can apply as Regular.