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Past performance
About Patil Automation Ltd **Patil Automation Limited (PAL)**, incorporated in 2015, is a Maharashtra-headquartered company specializing in automation solutions for industrial clients, with a strong focus on the automotive sector. Initially established as a private company under the name *Patil Automation Private Limited*, the company transitioned to a public limited entity in 2024. The enterprise designs, manufactures, tests, and installs customized automation systems, including welding lines (spot, MIG, and TIG), assembly lines, material handling machinery, and special-purpose machinery, aimed at optimizing production processes and reducing manual intervention.
The company services a diverse client base consisting primarily of Automotive Original Equipment Manufacturers (OEMs), Tier I suppliers to OEMs, and manufacturers of automotive components and sub-components. PAL plays a critical role in supporting these firms with the establishment, expansion, upgrade, or repair of their production systems, which underscores its utility across the automotive manufacturing ecosystem.
To meet demand, PAL operates two in-house manufacturing facilities, covering a combined area of 109,000 sq. ft. These units are outfitted with advanced machinery such as CNC bending machines, plasma and laser cutting machines, milling equipment, jig boring machines, surface grinders, and an array of testing tools. This infrastructure enables the company to deliver high-precision, client-specific automation systems that align with global standards.
Looking toward growth, Patil Automation Limited is preparing for an Initial Public Offering (IPO) of up to 5,800,000 equity shares of Rs. 10 each. With its sophisticated manufacturing capabilities and a targeted customer base in the automotive sector, PAL's IPO presents a growth opportunity for traders looking to invest in industrial automation and the evolving auto-manufacturing landscape.