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Mint
12 hours ago
- Business
- Mint
Upcoming IPOs: Arisinfra Solutions, five SME IPOs, and five listings to hit Dalal Street next week — Check details here
Upcoming IPOs: The Indian stock market's primary issue portion is set to witness significant activity in the upcoming week starting Monday, 16 June 2025, with a series of initial public offerings (IPOs) opening for public subscription. In addition to other listings, the stock market will witness the opening of one mainboard IPO and five small and medium enterprise (SME) IPOs. Chittorgarh data highlights that companies like Samay Project Services, Patil Automation, Eppeltone Engineers, Influx Healthtech, and Mayasheel Ventures are poised to open for public bidding in the SME segment, while Arisinfra Solutions will be the only IPO in the mainboard segment. Arisinfra Solutions Ltd, a construction materials provider to the realty, infrastructure developers and contractors, aims to raise funds from the stock market through a complete fresh issue of equity shares for public bidding. The company supplies materials such as Steel GI pipes, MS wire, MS TMT Bars, soil, sand, OPC, and wall putty, according to the official website. The IPO is a fresh issue of 2,25,04,324 or over 2.25 crore equity shares as the firm aims to raise nearly ₹ 499.60 crore from the book-built issue. However, there is no offer-for-sale (OFS) component for this initial public offering. Arisinfra Solutions seeks to use the proceeds from the IPO to repay or prepay loans, support the company's working capital requirements, and invest in a subsidiary. They also disclosed plans for a potential unidentified acquisition, while the remaining funds will be used for general corporate needs. The company has fixed the price band for the public issue in the range of ₹ 210 to ₹ 222 per equity share with a lot size of 67 shares per lot. The IPO will open on Wednesday, 8 June 2025, and is scheduled to close on Friday, 20 June 2025. JM Financial Limited, IIFL Capital Services Limited, and Nuvama Wealth Management Limited are the book-running lead managers for the Arisinfra Solutions IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. 1. Samay Project Services IPO: The Engineering, Procurement, and Construction (EPC) services firm Samay Project Services is offering an entirely fresh issue of 43.20 lakh equity shares as the company aims to raise nearly ₹ 14.69 crore from the stock market. The firm has fixed the price band for the public issue in the range of ₹ 32 to ₹ 34 per share with a lot size of 4,000 shares per lot. Retail investors need a minimum investment amount of ₹ 1.28 lakh. Smart Horizon Capital Advisors Pvt. Ltd is the book runner for the issue, while Bigshare Services Pvt. Ltd is the registrar of the offer. The public issue will be listed on the NSE SME index. The public issue will open on Monday, 16 June 2025, and close on Wednesday, 18 June 2025. 2. Patil Automation IPO: Patil Automation is a welding and line automation solutions provider that is offering a fresh issue of ₹ 58.01 lakh equity shares to raise nearly ₹ 69.61 crore from the public markets. The company has fixed the price band for the public issue in the range of ₹ 114 to ₹ 120 per share, with a lot size of 1,200 shares per lot. Retail investors need a minimum investment amount of ₹ 1.368 lakh. The public issue will open on Monday, 16 June 2025, and close on Wednesday, 18 June 2025. Seren Capital Pvt. Ltd is the book-running lead manager for the IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the offer. Mansi Share & Stock Broking Pvt. Ltd is the market maker for the SME IPO. The issue will be listed on the NSE SME index after the bidding rounds. 3. Eppeltone Engineers IPO: Eppeltone Engineers is offering a fresh issue of 34.34 lakh shares with the aim to raise nearly ₹ 43.96 crore from the Indian stock market. The company has fixed the price band for the issue in the range of ₹ 125 to ₹ 128 per share, with a minimum lot size of 1,000 shares per lot. The IPO will be listed in the NSE SME index. Retail investors will require a minimum investment of ₹ 1.25 lakh for the IPO bid of one lot. Expert Global Consultants Private Limited is the book-runner, while Skyline Financial Services Private Ltd is the registrar to the offer. Prabhat Financial Services Ltd is the market maker for the IPO. The public issue will open on Tuesday, 17 June 2025, and close on Thursday, 19 June 2025. 4. Influx Healthtech IPO: Influx Healthtech is offering a fresh issue of 50 lakh shares, amounting to ₹ 48 crore and an offer-for-sale (OFS) component of 11 lakh shares, amounting to ₹ 10.56 crore. The company aims to raise nearly ₹ 58.57 crore from the Indian stock market. The price band for the IPO has been fixed in the range of ₹ 91 to ₹ 96 per share, with a lot size of 1,200 shares per lot. Retail investors will be able to invest a minimum of ₹ 1.092 lakh for the subscription of a single lot. Rarever Financial Advisors Pvt. Ltd is the book-runner for the public issue, while Maashitla Securities Private Limited is the registrar to the offer. R.K. Stock Holding Pvt. Ltd is the market maker for the SME IPO. The public issue will open on Wednesday, 18 June 2025, and is scheduled to close on Friday, 20 June 2025. 5. Mayasheel Ventures IPO: Mayasheel Ventures is offering a fresh issue of 55.14 lakh shares as the firm aims to raise nearly ₹ 27.28 crore from the Indian stock market. The company fixed the price band in the range of ₹ 44 to ₹ 47 per share with a lot size of 3,000 shares per lot. Retail investors can subscribe to the IPO with a minimum investment of ₹ 1.32 lakh. Narnolia Financial Services Ltd is the book-running lead manager for the IPO, while Maashitla Securities Private Limited is the registrar for the offer. Prabhat Financial Services is the market maker for the public issue. The IPO will open for public bidding on Friday, 20 June 2025, and will close on Tuesday, 24 June 2025. 1. Sacheerome IPO: Sacheerome IPO is expected to be listed on Monday, 16 June 2025, in the NSE SME index. 2. Jainik Power and Cables IPO: Jainik Power and Cables IPO is expected to be listed on the NSE SME index on Tuesday, 17 June 2025. 3. Monolithisch India IPO: Monolithisch India IPO will close for final bidding on Monday, 16 June 2025. The estimated listing date is Thursday, 19 June 2025 on the NSE SME index. 4. Aten Papers & Foam IPO: Aten Papers & Foam IPO will close on Tuesday, 17 June 2025, and the estimated date of listing for the IPO on the BSE SME index is Friday, 20 June 2025. 5. Oswal Pumps IPO: The Oswal Pumps IPO will close for public subscription on Tuesday, 17 June 2025, and the estimated date of listing on both the BSE and NSE indices is Friday, 20 June 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
2 days ago
- Business
- Mint
Patil Automation raises ₹19.81 crore from Madhu Kela-backed Chartered Finance, 10 other anchor investors ahead of IPO
Patil Automation IPO: Automated robotic lines manufacturer Patil Automation Ltd has raised nearly ₹ 20 crore from anchor investors ahead of its upcoming initial public offering (IPO) next week on NSE Emerge, the SME platform of NSE. The anchor book includes participation from reputed investors, notably Chartered Finance & Leasing Limited, backed by veteran investor Madhusudan Kela. Patil Automation has allocated a total of 16,51,200 equity shares to anchor investors at a price of ₹ 120 per share. It raised a total of ₹ 19.81 crore from 11 anchor investors ahead of the IPO. 'The Board of Directors of the company at its meeting held on June 13, 2025, in consultation with the Book Running Lead Manager to the Issue, Seren Capital Private Limited, has finalized allocation of 16,51,200 Equity shares, to Anchor Investors at Anchor Investor allocation price of ₹ 120/- per equity share (including share premium of ₹ 110/- per equity share),' Patil Automation said in a regulatory filing. Patil Automation IPO anchor investors list includes NAV Capital VCC - NAV Capital Emerging Star Fund, Evergrow Capital Opportunities Fund, Niveza Small Cap Fund, Chartered Finance & Leasing Limited, Persistent Growth Fund - Varsu India Growth Story, Khandelwal Finance Private Limited, Vikasa India EIF I Fund - Incube Global Opportunities, Rajasthan Global Securities Private Limited, Aarth AIF Growth Fund, Fortune Hands Growth Fund and Amrut Bharat Opportunities Fund. Patil Automation has allocated 168,000 equity shares, consisting 10.17% of the anchor investor portion, to Chartered Finance & Leasing, a company backed by Madhu Kela. The total invested by Madhu Kela-backed company in Patil Automation is a little over ₹ 2.01 crore. 'With the distinguished participation of anchor investors, the company is backed by well-known names such as Aegis Investment Fund and Mr. G. Gunavanth Kumar,' Patil Automation said in a release. Patil Automation IPO will open for subscription on Monday, June 16, and will close on June 18. The IPO allotment is expected to be finalized on June 19, and Patil Automation IPO listing date is likely June 23. Patil Automation IPO is an SME IPO and the equity shares of the company will be listed on NSE SME. The company plans to raise ₹ 69.61 crore from the IPO, which is entirely a fresh issue of 58.01 lakh equity shares. Patil Automation IPO price band is set at ₹ 114 to ₹ 120 per share. Seren Capital is the book-running lead manager of the Patil Automation IPO, while Purva Sharegistry India Pvt Ltd is the IPO registrar. Patil Automation Limited designs and manufactures fully automated robotic lines and custom automation solutions for manufacturers across diverse sectors, including Automotive, EVs, Defence, capital goods and agricultural machinery. The company's clients include automotive OEMs, Tier I suppliers, and component manufacturers. The company also offers supporting products such as fixtures, robotic cells, and inspection systems to deliver integrated automation solutions. In FY25, Patil Automation IPO reported a net profit of ₹ 11.70 crore, upon a revenue of ₹ 118.05 crore, with EBITDA of ₹ 15.21 crore.
Mint
2 days ago
- Business
- Mint
Patil Automation raises ₹19.81 crore from Madhu Kela-backed Chartered Finance, 10 other anchor investors ahead of IPO
Patil Automation IPO: Automated robotic lines manufacturer Patil Automation Ltd has raised nearly ₹ 20 crore from anchor investors ahead of its upcoming initial public offering (IPO) next week on NSE Emerge, the SME platform of NSE. The anchor book includes participation from reputed investors, notably Chartered Finance & Leasing Limited, backed by veteran investor Madhusudan Kela. Patil Automation has allocated a total of 16,51,200 equity shares to anchor investors at a price of ₹ 120 per share. It raised a total of ₹ 19.81 crore from 11 anchor investors ahead of the IPO. 'The Board of Directors of the company at its meeting held on June 13, 2025, in consultation with the Book Running Lead Manager to the Issue, Seren Capital Private Limited, has finalized allocation of 16,51,200 Equity shares, to Anchor Investors at Anchor Investor allocation price of ₹ 120/- per equity share (including share premium of ₹ 110/- per equity share),' Patil Automation said in a regulatory filing. Patil Automation IPO anchor investors list includes NAV Capital VCC - NAV Capital Emerging Star Fund, Evergrow Capital Opportunities Fund, Niveza Small Cap Fund, Chartered Finance & Leasing Limited, Persistent Growth Fund - Varsu India Growth Story, Khandelwal Finance Private Limited, Vikasa India EIF I Fund - Incube Global Opportunities, Rajasthan Global Securities Private Limited, Aarth AIF Growth Fund, Fortune Hands Growth Fund and Amrut Bharat Opportunities Fund. Patil Automation has allocated 168,000 equity shares, consisting 10.17% of the anchor investor portion, to Chartered Finance & Leasing, a company backed by Madhu Kela. The total invested by Madhu Kela-backed company in Patil Automation is a little over ₹ 2.01 crore. 'With the distinguished participation of anchor investors, the company is backed by well-known names such as Aegis Investment Fund and Mr. G. Gunavanth Kumar,' Patil Automation said in a release. Patil Automation IPO will open for subscription on Monday, June 16, and will close on June 18. The IPO allotment is expected to be finalized on June 19, and Patil Automation IPO listing date is likely June 23. Patil Automation IPO is an SME IPO and the equity shares of the company will be listed on NSE SME. The company plans to raise ₹ 69.61 crore from the IPO, which is entirely a fresh issue of 58.01 lakh equity shares. Patil Automation IPO price band is set at ₹ 114 to ₹ 120 per share. Seren Capital is the book-running lead manager of the Patil Automation IPO, while Purva Sharegistry India Pvt Ltd is the IPO registrar. Patil Automation Limited designs and manufactures fully automated robotic lines and custom automation solutions for manufacturers across diverse sectors, including Automotive, EVs, Defence, capital goods and agricultural machinery. The company's clients include automotive OEMs, Tier I suppliers, and component manufacturers. The company also offers supporting products such as fixtures, robotic cells, and inspection systems to deliver integrated automation solutions. In FY25, Patil Automation IPO reported a net profit of ₹ 11.70 crore, upon a revenue of ₹ 118.05 crore, with EBITDA of ₹ 15.21 crore. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
4 days ago
- Business
- Business Standard
Patil Automation IPO opens on June 16: Check GMP, price band, key dates
Patil Automation IPO: The initial public offering (IPO) of Maharashtra-based welding and line automation solutions company Patil Automation will open for public subscription on Monday, June 16. The ₹69.61 crore issue comprises a fresh issue of 5.8 million equity shares. There is no offer-for-sale (OFS) component. According to the red herring prospectus (RHP), the company has reserved not more than 50 per cent of the issue for qualified institutional buyers (QIBs), not less than 35 per cent for retail investors, and 15 per cent for non-institutional investors (NIIs). Here are the key details of Patil Automation IPO Patil Automation IPO price band, lot size Patil Automation has set the price band for its IPO in the range of ₹114 to ₹120 per equity share. The minimum lot size for an application is 1,200 shares. A retail investor would require a minimum investment amount of ₹1,44,000 considering the upper price band, to bid for one lot. The minimum investment required for high-net-worth individuals (HNIs) is 2,88,000 for two lots or 2,400 shares. Patil Automation IPO key dates According to the RHP, the three-day subscription window will, tentatively, close on Wednesday, June 18, 2025. The anchor investor bid period shall be one working day before the issue opening date. The basis of the allotment of shares is likely to be finalised on Thursday, June 19, 2025. Shares of Patil Automation will be listed on the NSE SME platform, tentatively, on Monday, June 23, 2025. Patil Automation IPO registrar, lead manager Purva Sharegistry is the registrar of the issue. Seren Capital is the sole book-running lead manager of the issue. Patil Automation IPO objective According to the RHP, the company plans to utilise ₹62 crore from the net issue proceeds for capital expenditure towards the setup of a new manufacturing facility and ₹4 crore repayment of a portion of certain borrowings availed by the company. The remaining funds will be used for general corporate purposes. Patil Automation IPO grey market premium (GMP) The unlisted shares of Patil Automation were trading at ₹135 per share in the grey market on Thursday, commanding a GMP of ₹15 or 12.5 per cent compared to upper band price, according to sources tracking unofficial markets. About Patil Automation Incorporated in 2015, Patil Automation is an automation solutions provider serving industrial clients, primarily in the automotive sector. The company is engaged in designing, manufacturing, testing and installing customised automation systems such as welding lines (spot welding, MIG and TIG), assembly lines, material handling machinery and special-purpose machinery, tailored to meet the specific requirements of its clients' production facilities. Its client base primarily comprises Automotive Original Equipment Manufacturers (OEMs), Tier I suppliers to Automotive OEMs and manufacturers of automotive components and sub-components, who seek to establish, expand, upgrade, modify or repair their production setup. Its manufacturing facility is located in the MIDC Chakan area of Village Sudumbre, Tehsil Maval, District Pune in Maharashtra. Patil Automation financial overview In the financial year 2024-25 (FY25), Patil Automation reported revenue from operations of ₹118.05 crore, up 2.4 per cent from ₹115.27 crore in the previous financial year. Its profit after tax (PAT) stood at ₹11.7 crore, up nearly 50 per cent from 7.83 crore in the FY24.
