New Delhi, June 19 -- Patil Automation IPO allotment status: Following the closure of the initial public offering (IPO) of Patil Automation, the focus has shifted to its allotment status following a robust demand for the public offer and decent grey market trends.

Patil Automation IPO allotment date is fixed as Thursday, June 19.

Overall, the IPO garnered 101.42 times bids. The retail portion was booked 44.77 times, the non-institutional investor portion was subscribed 258.18 times and the qualified institutional buyer (QIB) quota garnered 82.92 times bids.

Patil Automation IPO, which ran for subscription from June 16 to June 18, raised Rs.66.10 crore via fresh issue of 55.08 lakh shares. Patil Automation IPO price band was set at Rs.1...