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IPO Synopsis

Patil Automation Ltd
Initial public offer of upto 58,00,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Patil Automation Limited ("the Company" or "PAL" or "the Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 2,92,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 55,08,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net issue". The public issue and net issue will constitute 26.58% and 25.24% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 114 to Rs. 120 per equity share of face value of Rs. 10 each. The floor price is 11.4 times of the face value and the cap price is 12 times of the face value. Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.
Issue
Opens On Closes On
16-Jun-25 18-Jun-25
Money Payable On
Application Allotment
114.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Seren Capital Pvt Ltd
Project Financed through Current Offer (.Cr) 66.13  
Post Issue Equity Share Capital (.Cr) 21.82
Issue Price () 114.00
Projects
Funding of capital expenditure towards setup of new mfg facility
Repayment of a portion of certain borrowings availed by the company
General corporate purposes
Promoted By
Manoj Pandurang Patil
Aarti Manoj Patil
Prafulla Panduranga Patil
Listing At
NSE - SME
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd
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