Patron Exim Limited
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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.
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.
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."
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- Mr. Narendrakumar Gangaramdas Patel
- Mrs. Sushilabahen Narendrakumar Patel
Patron Exim Limited
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