Patil Automation Share Price

Patil Automation Limited was originally incorporated as Patil Automation Private Limited, a private Company, dated July 22, 2015 issued by the Registrar of Companies, Maharashtra. Thereafter, Company was converted from Private to Public Limited, and the name of the Company was changed from Patil Automation Private Limited to Patil Automation Limited vide fresh Certificate of Incorporation dated October 21, 2024 issued by the Registrar of Companies, Central Processing Centre.The Company established a manufacturing unit of automation products in 2015 and is engaged in manufacturing and supply of welding Fixture, Inspection Jigs gauges, Conveyor, Assembly Line. These products and items support the automation systems and provide integrated solutions to the operational requirements of clients. The automation solutions focus on optimizing manufacturing processes and reducing manual intervention at the clients facilities. The product line include assembly fixtures, welding fixtures, robotic cells, testing and inspection systems and auxiliary items. The Company operate an inhouse manufacturing facility comprising of two units UnitI and Unit II, having combined built up area of around 109,000 sq. ft., which support the production of precision automation systems. These units are equipped with requisite machineries such as CNC bending machines, cutting machines (plasma, oxyfuel and laser), milling machines, jig boring, surface grinding machines, among others and various testing equipment to support production of automation systems.Company has launched the initial public offer by issuing 58,00,800 equity shares having the face value of Rs 10 each by raising funds aggregating to Rs 69.6 Crore in June, 2025.