Oswal Pumps IPO Set to Open It's IPO...
10 Jun, 2025
Patil Automation Limited, a Pune-based automation solutions provider, is set to open its initial public offering (IPO) on June 16, 2025. The IPO, targeted at the SME segment, will close on June 18 and aims to raise ₹69.61 crore through a fresh issue of 58.01 lakh equity shares.
Founded in 2015, Patil Automation Limited has established itself as a significant player in the corporate automation sector. The company’s IPO will be listed on the NSE EMERGE platform, with shares priced in the range of ₹114–₹120 each. The allotment is expected by June 19, and the listing is scheduled for June 23.
This IPO arrives at a time when the Indian SME market is witnessing robust activity. Patil Automation’s fresh issue is designed to fund capital expenditure for a new manufacturing facility, repay certain borrowings, and support general corporate purposes. These investments are expected to strengthen the company’s operational capabilities and support future growth.
Patil Automation Limited began as a private company and transitioned to a public limited entity in October 2024. The company delivers automation products and services to a wide range of clients, leveraging in-house manufacturing, integrated testing, and a strong design and development team. The leadership includes experienced promoters Manoj Pandurang Patil, Aarti Manoj Patil, and Prafulla Panduranga Patil.
The company has shown consistent financial growth in recent years. In the fiscal year ending March 2024, Patil Automation reported total revenue of ₹118.72 crore and a profit after tax of ₹7.84 crore. This marks a significant improvement from the previous year’s revenue of ₹82.35 crore and profit of ₹4.20 crore, underscoring increased demand and operational efficiency.
As per the RHP filed by Patil Automation Limited, all the proceeds from the IPO will primarily be used for setting up a new manufacturing facility to expand production capacity, repaying certain outstanding borrowings and meeting general corporate expenses.
These initiatives are expected to enhance the company’s competitiveness in the automation sector and support its long-term growth strategy.
The IPO is managed by Seren Capital Private Limited, with Purva Shareregistry (India) Private Limited acting as the registrar. Patil Automation’s offering comes amid a surge in SME IPOs in 2025, with over ₹2,600 crore already raised this year. The company’s focus on automation aligns with the increasing demand for industrial efficiency and technological advancement across Indian industries.
Patil Automation Limited’s upcoming IPO presents an opportunity for investors to participate in the growth of India’s automation sector. With a solid financial track record, experienced management, and clear expansion plans, the company is well-positioned to capitalize on the increasing demand for automation solutions in the country.
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