Business Standard

Patron Exim Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

16.69 cr

Price Range (₹)

27

Lot Size

4000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

21-Feb-2023

Close Date

24-Feb-2023

Listing Date

06-Mar-2023

Latest IPO News

    The Shares of Patron Exim Ltd have now been listed.

    Patron Exim Ltd IPO Details

    Initial public issue of 61,80,000 equity shares of face value of Rs. 10/- each of Patron Exim Limited (PEL or the Company or the Issuer) for cash at a price of Rs. 27/- per equity share including a share premium of Rs. 17/- per equity share (the Issue Price) aggregating to Rs. 16.69 crores (The Issue), of which 3,16,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 27/- per equity share including a share premium of Rs. 17/- per equity share aggregating to Rs. 0.85 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 58,64,000 equity shares of face value of Rs. 10/- each at a price of Rs. 27/- per equity share aggregating to Rs. 15.83 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.66% and 25.30% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 2.7 times of the face value.Minimum application of 4000 equity shares and in multiples of 4000 equity shares thereafter.

    Objective of issue

    Long term working capital requirement. General corporate purposes.

    Patron Exim Ltd Contact Details

    Patron Exim Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@patronexim.com

    Website - www.patronexim.com