Patron Exim Ltd, an Ahmedabad-based business founded in 1992, trades and distributes a variety of pharmaceutical raw materials, sometimes referred to as industrial chemicals, excipients, and solvents, generally known as APIs (Active Pharmaceutical Ingredients).
The product line offered by Patron Exim consists of about 150 AIPs, excipients, pharmachemicals, and intermediates. Additionally, the company trades a wide range of chemicals, including petrochemicals, dyes and pigment chemicals, paints and specialty chemicals, agrochemicals, oil and refinery chemicals, foam and adhesive, and plywood and laminate chemicals. The organisation employs a total of 09 permanent workers throughout its departments.
Patron Exim IPO Details
| IPO Dates | 21 – 24 February 2023 |
| IPO Price | INR 27 per share |
| Fresh issue | 61,80,000 shares (INR 16.69 crore) |
| Offer For Sale | Nil |
| Total IPO size | 61,80,000 shares (INR 16.69 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 108,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Patron Exim IPO Dates
| IPO Offer Opening Date | 21 February 2023 |
| IPO Closing Date | 24 February 2023 |
| Finalisation of Basis of Allotment | 1 March 2023 |
| Initiation of refunds | 2 March 2023 |
| Transfer of shares to demat accounts | 3 March 2023 |
| Patron IPO Listing Date | 6 March 2023 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Financial Performance
| FY 2020 | FY 2021 | FY 2022 | 8M FY 2023 | |
| Revenue | 2,488.70 | 2,053.58 | 387.95 | 960.00 |
| Expenses | 2,512.44 | 2,038.86 | 359.70 | 849.47 |
| Net income | 2.20 | 7.31 | 83.11 | 145.41 |
Objects of the Issue:
The Company proposes to utilize the Net Proceeds from the issue towards the following objects: 1. Working capital requirement 2. General Corporate Purpose, 3. Meeting Public Issue Expenses.
Patron Exim Offer News
Patron Exim Contact Details
411, Safal Perlude, B/h Ashwaraj Bunglows,
100 FT Road, Prahladnagar, Vejalpur,
Ahmedabad – 380015, Gujarat, India
Phone: +91 99799 78393
E-mail: info@patronexim.com
Website: www.patronexim.com
Patron Exim Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone:+91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights,
Kokilaben Vyas Marg, Ellisbridge,
Ahmedabad – 380 009, Gujarat, India
Phone : 079 46019796
Email: mbd@ifinservices.in
Website: www.ifinservices.in
