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Incorporated in 1992, Patron Exim Limited is an Ahmedabad-based company engaged in the trading and distribution of a wide range of pharmaceutical raw material which is also known as APIs (Active Pharmaceutical Ingredients), industrial chemical, excipient, and solvents.
Patron Exim's product portfolio comprises around 150 AIPs, Excipient, Pharma Chemical & Intermediates. The company is also in the trading of a variety of chemicals, such as Petrochemicals, Dyes & Pigment Chemicals, Paints & Speciality Chemical, Agro Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemical.
The company has total strength of permanent employees 09 in various departments.
| IPO Date | Feb 21, 2023 to Feb 24, 2023 |
| Listing Date | Mar 6, 2023 |
| Face Value | ₹10 per share |
| Price | ₹27 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,180,000 shares (aggregating up to ₹16.69 Cr) |
| Fresh Issue | 6,180,000 shares (aggregating up to ₹16.69 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 2,932,000 (50% of the Net Issue) |
| Retail Shares Offered | 2,932,000 (50% of the Net Issue) |
| Market Maker portion | 316,000 shares (SUNFLOWER BROKING PVT. LTD.) |
| Total Shares Offered | 5,864,000 |
| KPI | Values |
|---|---|
| P/E (x) | 11.25 |
| Market Cap (₹ Cr.) | 62.59 |
Patron Exim IPO opens on Feb 21, 2023, and closes on Feb 24, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Feb 21, 2023 |
| Closing Date | Feb 24, 2023 |
| Basis of Allotment | Mar 1, 2023 |
| Initiation of Refunds | Mar 2, 2023 |
| Credit of Shares to Demat | Mar 3, 2023 |
| Listing Date | Mar 6, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Patron Exim IPO lot size is 4000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹108,000 |
| Retail (Max) | 1 | 4000 | ₹108,000 |
| HNI (Min) | 2 | 8,000 | ₹216,000 |
| Lot Size Calculator | |||
Mr. Narendrakumar Gangaramdas Patel and Mrs. Sushilabahen Narendrakumar Patel are the promoters of the company.
| Pre Issue Share Holding | 97.06% |
| Post Issue Share Holding | 71.18% |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 1,634.01 | 2,516.44 | 2.20 | 259.43 | 137.18 |
| 31-Mar-21 | 810.93 | 2,053.72 | 7.31 | 270.43 | 236.99 |
| 31-Mar-22 | 1,464.57 | 501.61 | 83.11 | 514.46 | 0.00 |
| 30-Nov-22 | 2,447.61 | 1,054.12 | 145.41 | 1,625.87 | 617.64 |
| Amount in ₹ Lakhs | |||||
[Dilip Davda] The company is in trading/distribution only and has no manufacturing activities. Based on its financial track records, the issue is aggressively priced. Higher spending for the IPO indicates arranged funding. The is no harm in skipping this pricey issue. Read detail review...
The Patron Exim IPO is subscribed 1.07 times on Feb 24, 2023 6:59:00 PM. The public issue subscribed 1.17 times in the retail category, times in the QIB category, and 0.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 0.97 |
| Retail | 1.17 |
| Total | 1.07 |
| Listing Date | Mar 6, 2023 |
| BSE Script Code | 543798 |
| NSE Symbol | |
| ISIN | INE0NPA01011 |
| IPO Price | ₹27 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹27.00 |
| ₹28.40 |
| ₹26.98 |
| ₹28.40 |
| ₹26.98 |
Patron Exim Limited
411, Safal Perlude, B/h Ashwaraj Bunglows,
100 FT Road, Prahladnagar, Vejalpur,
Ahmedabad 380015
Phone: 9979978393
Email: info@patronexim.com
Website: https://patronexim.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Patron Exim IPO is a SME IPO of 6,180,000 equity shares of the face value of ₹10 aggregating up to ₹16.69 Crores. The issue is priced at ₹27 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Feb 21, 2023, and closes on Feb 24, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Patron Exim IPO using UPI as a payment gateway. Zerodha customers can apply in Patron Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Patron Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Patron Exim IPO opens on Feb 21, 2023 and closes on Feb 24, 2023.
Patron Exim IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Patron Exim IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Patron Exim IPO will be done on Mar 1, 2023, and the allotted shares will be credited to your demat account by Mar 3, 2023. Check the Patron Exim IPO allotment status.
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