Skip to main content
Patron Exim Limited Logo

Patron Exim Limited

Feb 21, 2023 – Feb 24, 2023
Listed Price:
₹28.40
(+5.19%)
Price Band₹27 - ₹27
Lot Size4,000 Shares
Allotment DateMar 03, 2023
Listing DateMar 06, 2023
Subscription1.07 Times
Issue Size₹16.69 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Patron Exim Limited's successfully completed its Initial Public Offering and commenced trading on Mar 06, 2023 at the BSE exchange. The company raised 61,80,000 Shares through this public offering, comprising 61,80,000 Shares in fresh capital.

The IPO was priced within the band of ₹27 to ₹27, with minimum application lots of 4000 shares. The offering attracted significant investor interest during its subscription period from Feb 21, 2023 to Feb 24, 2023.

Share allotment was finalized on Mar 03, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Patron Exim IPO Details
IPO Date
:
Feb 21, 2023 to Feb 24, 2023
Allotment Date
:
Mar 03, 2023
List Date
:
Mar 06, 2023
Lot Size
:
4,000 share
Issue Price
:
₹27 - ₹27
Issue Size
:
61,80,000 (aggregating up to 16.69 Cr)
Fresh Issue
:
61,80,000 (aggregating up to 16.69 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
1,70,00,000
Share Holding Post-Issue
:
2,31,80,000
Market Marker Portion
:
3,16,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares61,80,000
Market Maker
5.11%(3,16,000)
NII (HNI)
47.44%(29,32,000)
RETAIL
47.44%(29,32,000)
Total
100.00%(61,80,000)
Patron Exim IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Patron Exim IPO About Company

Incorporated in 1992, Patron Exim Limited is an Ahmedabad-based company engaged in the trading and distribution of pharmaceutical raw materials (APIs), industrial chemicals, excipients, and solvents. The company’s product portfolio includes approximately 150 items covering APIs, excipients, pharma chemicals, and intermediates. In addition, Patron Exim trades a variety of other chemicals, including petrochemicals, dyes and pigment chemicals, paints and specialty chemicals, agrochemicals, oil and refinery chemicals, foam and adhesives, and chemicals for plywood and laminates. The company operates with a team of 9 permanent employees across various departments.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Patron Exim IPO Strength Factors

NA

⚠️Patron Exim IPO Risk Factors

NA

🏦Patron Exim IPO Lead Manager(s)
Interactive Financial Services Limited
👤Patron Exim IPO Promoter(s)
  1. Mr. Narendrakumar Gangaramdas Patel
  2. Mrs. Sushilabahen Narendrakumar Patel
🏢Patron Exim IPO Company Details

Patron Exim Limited

Phone:9979978393
address:411, Safal Perlude, B/h Ashwaraj Bunglows, 100 FT Road, Prahladnagar, Vejalpur, Ahmedabad 380015
📋Patron Exim IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓Patron Exim IPO FAQs
IPO Trend Assistant
Online
Powered by IPO Trend