Patron Exim IPO Details ( Patron Exim IPO Review )
(21 Feb 2023 – 24 Feb 2023)
Patron Exim Limited, established in 1992, operates out of Ahmedabad and specializes in the distribution and trading of a diverse array of pharmaceutical raw materials, including APIs (Active Pharmaceutical Ingredients), industrial chemicals, excipients, and solvents.
Patron Exim offers a product portfolio of approximately 150 APIs, excipients, pharma chemicals, and intermediates. The company also trades in a diverse range of chemicals, including petrochemicals, dyes and pigment chemicals, paints and specialty chemicals, agrochemicals, oil and refinery chemicals, foam and adhesive, and plywood and laminates chemicals.
The company has a total of 9 permanent employees working across various departments.
Patron Exim Limited IPO Competitive Strength
- Diversified Product Portfolio
- Experienced Promoter
- Quality Service
- High level of customer satisfaction
Patron Exim IPO Business Strength
- Develop cordial relationship with our Suppliers, Customer and employees
- To build-up a professional organization
- Leveraging our Marketing skills and Relationships
- Focus on dealing in quality standard products
Patron Exim IPO Financials Performance ( Results )
Patron Exim Limited Financial Information ( Consolidated )
All Amount in ₹ Lakhs
Period Ended | Total Assets | Total Revenue | PAT | EPS | Net Worth | RONW (%) | NAV | Borrowing |
31-Mar-20 | 1634.01 | 2516.44 | 2.2 | 0.08 | 259.43 | 0.85 | – | 137.18 |
31-Mar-21 | 810.93 | 2053.72 | 7.31 | 0.27 | 270.43 | 2.70 | – | 236.99 |
31-Mar-22 | 1464.57 | 501.61 | 83.11 | 1.62 | 514.46 | 16.15 | 10 | 0 |
30-Nov-22 | 2447.61 | 1054.12 | 145.41 | 2.40 | 1625.87 | 8.94 | 10.84 | 617.64 |
Objective of IPO Issue
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
Patron Exim IPO Basic Details
IPO Date | Feb 21, 2023 to Feb 24, 2023 |
Listing Date | Friday, March 06, 2023 |
Face Value | ₹10 per share |
Price | ₹27 per share |
Lot Size | 4000 Shares |
Issue Size | 6,180,000 shares of ₹10 (aggregating up to ₹16.69 Cr) |
Fresh Issue | 6,180,000 shares of ₹10 (aggregating up to ₹16.69 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the Offer |
Retail Shares Offered | 50% of the Offer |
Company Promoters | Mr. Narendrakumar Gangaramdas Patel and Mrs. Sushilabahen Narendrakumar Patel are the promoters of the company. |
Patron Exim IPO Timetable
Patron Exim IPO will open on Feb 21, 2023 and close on Feb 24, 2023. You can join Patron Exim IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
Event | Date |
Opening Date | Feb 21, 2023 |
Closing Date | Feb 24, 2023 |
Basis of Allotment | Mar 01, 2023 |
Initiation of Refunds | Mar 02, 2023 |
Credit of Shares to Demat | Mar 03, 2023 |
Listing Date | Mar 06, 2023 |
Patron Exim IPO Lot Size
For retail investors in Patron Exim IPO, 0000 shares will come in 1 lot or the minimum investment will be ₹₹108,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹108,000.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 4000 | ₹108,000 |
Retail (Max) | 1 | 4000 | ₹108,000 |
S-HNI (Min) | 2 | 8000 | ₹216,000 |
Patron Exim IPO Promoter Holding
Pre Issue Share Holding | 97.06% |
Post Issue Share Holding | 71.18% |
Patron Exim IPO Valuation – FY2022
Earning Per Share (EPS) | ₹1.62 per Equity Share |
Price/Earning P/E Ratio | 16.67 |
Return on Net Worth (RoNW) | 16.15% |
Net Asset Value (NAV) | ₹10.00 per Equity Share |
Upper Price/Book Value (Price/BV) Ratio | – |
Patron Exim Ltd Peer comparison
Company Name | CMP | Earning Per Share (EPS) | Price/Earning (P/E) Ratio | RoNW (%) | NAV | Face Value | Upper Price/Book Value (Price/BV) Ratio | Total Income (Lakh) |
Patron Exim Limited | 27 | 1.62 | 16.67 | 16.15 | 10.00 | 10.00 | – | 387.95 |
Vaishali Pharma Limited | 145.70 | 3.83 | 38.03 | 15.33 | 24.99 | 10.00 | 4.65 | 7760.89 |
Earum Pharmacuticals Limited | 2.68 | 0.36 | 7.43 | 13.30 | 13.56 | 2.00 | 0.92 | 2873.92 |
Patron Exim IPO GMP Live Update, Kostak Rate day by day
Date | GMP | Kostak | Subject to |
24 February 2023 | ₹-4 | – | – |
23 February 2023 | ₹-4 | – | – |
22 February 2023 | ₹-3 | – | – |
21 February 2023 | ₹-4 | – | – |
20 February 2023 | ₹-2 | – | – |
19 February 2023 | ₹0 | – | – |
18 February 2023 | ₹0 | – | – |
17 February 2023 | ₹0 | – | – |
Patron Exim IPO Detail Video:
Patron Exim IPO Subscription Status (Bidding Detail)
The Patron Exim IPO on Feb 24, 2023 at 6:14:00 PM was subscribed 1.07 times, with the retail category being subscribed 1.17 times, the NII (Non-Institutional Investor) category being subscribed 0.97 times.
Category | Subscription |
NII | 0.97x |
Retail | 1.17x |
Total | 1.07x |
Patron Exim IPO Prospectus
Patron Exim IPO Rating
Our Rating | 2.0/5.0 |
Patron Exim Compnay Contact Information
Patron Exim Limited
Registered office: 411, Safal Perlude, B/h Ashwaraj Bunglows,
100 FT Road, Prahladnagar, Vejalpur,
Ahmedabad – 380015, Gujarat, India.
Tel No.: +91 99799 78393
Website: www.patronexim.com
E-Mail: info@patronexim.com
Contact Person: Sonia Kakani, Company Secretary and Compliance Officer
Patron Exim IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –
400093
Tel No: +91 22-62638200
Fax No: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Aniket Chindarkar
SEBI Reg. No.: INR000001385
Patron Exim IPO Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
Address: 612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Tel No.: 079 46019796
(M) +91-9898055647
Web Site: www.ifinservices.in
Email: mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Mr. Pradip Sandhir
SEBI Reg. No.: INM000012856
Patron Exim IPO FAQs
What is the lot size of Patron Exim IPO?
The total size of Patron Exim IPO is ₹16.69 crores and this is a complete fresh Issue.
When will Patron Exim IPO start?
Patron Exim IPO will start from 21 Feb 2023 and IPO will Close on 24 Feb 2023.
What is the open date of Patron Exim IPO?
Patron Exim IPO will open from 21 Feb 2023.
What is the last date ( close date ) of Patron Exim IPO?
Patron Exim IPO will close from 24 Feb 2023.
What is the price band of Patron Exim IPO?
Patron Exim IPO price band is ₹27.
What is the minimum amount required to apply for Patron Exim IPO?
The minimum investment for retailers to apply for Patron Exim IPO is ₹108,000 and the maximum investment is ₹108,000.
What is going on gray market premium of Patron Exim IPO?
View gray market premium of Patron Exim IPO by Clicking Here
How much is the GMP of Patron Exim IPO?
Watch Patron Exim IPO GMP Today: Click Here
What is the allotment date of Patron Exim IPO?
The allotment date of Patron Exim IPO is 01 March 2023.
How to check allotment status in Patron Exim IPO?
To check the allotment status of Patron Exim IPO, first of all go to the registrar website by clicking here, select your bad Patron Exim IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Patron Exim IPO?
The listing date of Patron Exim IPO is 06 March 2023.
How much will be the listing gain in Patron Exim IPO?
View listing gain of Patron Exim IPO by Clicking Here
How much time Patron Exim IPO is subscribed?
Total 1.07 times subscribed in Patron Exim IPO out of which 1.17 times subscription was done in retail quota, and 0.97 times subscription in NII quota.
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