New Delhi, June 16 -- Patil Automation IPO commenced on Monday, June 16, and will conclude on Wednesday, June 18. Patil Automation IPO price band has been set between Rs.114 and Rs.120 per equity share, each with a face value of Rs.10. Investors can place bids for a minimum of 1,200 equity shares and in multiples of 1,200 shares thereafter.

Patil Automation Limited specialises in offering solutions for welding and line automation. The company has five facilities across India, with two located in Pune. It provides a comprehensive array of automation services, including welding lines, assembly lines, automated handling, gantries, production, and specialised testing machines.

The company utilises a total operational area of 460,000 square ...