Patron Exim IPO: GMP, Price, Size & Dates

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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 
Indong Tea Company IPO: GMP, Size, Price & Dates

 
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


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