Patil Automation IPO, June 14 -- Automated robotic lines manufacturer Patil Automation Ltd has raised nearly Rs.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 Rs.120 per share. It raised a total of Rs.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 Capi...