Patil Automation Shares List at 29% Premium, Hit Upper Circuit on NSE Emerge
Published on: June 23, 2025
Patil Automation made a strong debut on the NSE Emerge platform, listing at a 29% premium over its IPO price. The stock quickly hit the upper circuit limit, showcasing high investor confidence and strong demand in the secondary market.
IPO Listing Details & Stock Performance
The shares were listed at ₹155 per share, significantly above the issue price of ₹120. Shortly after listing, the stock touched the 5% upper circuit, recording an intraday high of ₹162.75 — a 35.63% rise from the IPO price.
- IPO Price Band: ₹114 – ₹120
- Listing Price: ₹155
- Upper Circuit (Day 1): ₹162.75
- Volume Traded: 27.86 lakh shares
- Market Capitalization: ₹355.13 crore
- Exchange: NSE Emerge
- Listing Date: June 23, 2025
IPO Subscription Overview
The ₹69.61 crore IPO was entirely a fresh issue consisting of 58 lakh equity shares. The public issue was highly successful, being subscribed 101.42 times during the three-day window from June 16 to June 18, 2025.
About Patil Automation
Established in 2015, Patil Automation provides advanced automation and robotics solutions across key industrial sectors such as automotive, electronics, and general engineering. The company’s offerings include:
- Robotic welding systems
- Automated assembly lines
- Industrial conveyor systems
- AI-powered vision inspection systems
With a focus on integrating artificial intelligence into industrial automation, Patil Automation is emerging as a tech-forward player in India’s manufacturing sector.
Key Highlights
- Listed at ₹155, a 29% premium to the IPO price of ₹120
- Hit upper circuit on Day 1 at ₹162.75
- Market cap crossed ₹355 crore post-listing
- Subscribed 101.42 times during IPO window
- Focused on robotics and AI-based industrial solutions