Patron Exim Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

21 Feb 2024

Close Date

24 Feb 2023

Allotment

01 Mar 2023

Listing Date

06 Mar 2023

Exchange

BSE SME

Price Band

₹27

Listing Price

See chart

Allotment Status

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Price Band

₹27

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

61,80,000 shares (aggregating up to ₹16.69 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

1,70,00,000 shares

Promoters

Post-IPO Holding

2,31,80,000 shares

Promoters

P/E (Pre)

28.72x

UPI Deadline

2023-02-24

Mandate

Anchor AllotmentTue, 20 Feb 2024

Basis of AllotmentWed, 01 Mar 2023

Refund InitiationThu, 02 Mar 2023

Demat CreditFri, 03 Mar 2023

Listing DayMon, 06 Mar 2023

UPI Mandate Deadline2023-02-24

Sale TypeFresh Capital

Net Offer to Public58,64,000 shares (aggregating up to ₹15.83 Cr)

Market Maker Quota3,16,000 shares (aggregating up to ₹0.8532 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Patron Exim Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Feb 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	316,000	—	₹0.85
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,180,000	100%	₹16.69

IPO Shares Offered

Patron Exim Ltd. IPO total issue size: ₹16.69 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	316,000	₹0.85	5.11%
Total	6,180,000	₹16.69	100.00%

* Based on upper price band ₹27 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹27.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹216,000
Retail (Max — 13 Lots)	13	52,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,344,000

* Issue Price ₹27 × Lot Size 4,000 shares

IPO Schedule

Anchor

20 Feb 2024

✓ Done

IPO Open

21 Feb 2024

✓ Done

IPO Close

24 Feb 2023

✓ Done

Allotment

01 Mar 2023

✓ Done

Refunds

02 Mar 2023

✓ Done

Demat Credit

03 Mar 2023

✓ Done

Listing Day

06 Mar 2023

✓ Done

₹27.00

INR · BSE

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Issue ₹27.00 Live Price

About Patron Exim Ltd.

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.

Objects of the Issue

Long term Working capital requirement

General corporate purposes

Patron Exim Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,053.7

31-Mar-21

₹501.6

31-Mar-22

₹1,054.1

30-Nov-22

Profit After Tax (PAT)

₹7.3

31-Mar-21

₹83.1

31-Mar-22

₹145.4

30-Nov-22

Particulars	30-Nov-22	31-Mar-22	31-Mar-21
Revenue from Operations	1054.12	501.61	2053.72
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	145.41	83.11	7.31
Net Worth	1625.87	514.46	270.43
Total Assets	2447.61	1464.57	810.93
Reserves & Surplus	N/A	N/A	N/A
Borrowings	617.64	0.00	236.99
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered61,80,000 (100.00%)

Net Offer to Public58,64,000 shares (aggregating up to ₹15.83 Cr)

Reserved for Market Maker3,16,000 shares (aggregating up to ₹0.8532 Cr)

Pre-Issue Promoter Holding1,70,00,000 shares

Post-Issue Promoter Holding2,31,80,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Interactive Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Patron Exim Ltd. IPO subscribed? ▲

Patron Exim Ltd. IPO is subscribed 1.00 times by Feb 24, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Patron Exim Ltd. IPO retail subscription status? ▼

The Patron Exim Ltd. IPO retail category is subscribed 1.00 times as of 24 Feb 2023. The retail portion is oversubscribed.

How to subscribe Patron Exim Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Feb 2024 and closes 24 Feb 2023. Min investment: ₹108,000 (1 lot = 4,000 shares). UPI mandate: 2023-02-24.

How many times Patron Exim Ltd. IPO subscribed? ▼

The Patron Exim Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Patron Exim Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Mar 2023. Refunds: on 02 Mar 2023.

When Patron Exim Ltd. IPO will be listed? ▼

The Patron Exim Ltd. IPO listing date is 06 Mar 2023, Monday. Listed on: BSE SME. Issue price: ₹27. Estimated listing: ₹27. GMP: NIL.

When Patron Exim Ltd. IPO close? ▼

The Patron Exim Ltd. IPO closes on 24 Feb 2023, Friday. UPI mandate: 2023-02-24. Allotment: 01 Mar 2023. Listing: 06 Mar 2023.

Quick Actions

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Live Price LIVE

Last Price₹27.00

Change—

Issue Price₹27.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹27

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹27

Subscribed1.00x

Open Date21 Feb 2024

Close Date24 Feb 2023

Allotment01 Mar 2023

Listing Date06 Mar 2023

ExchangeBSE SME

UPI Deadline2023-02-24