Patil Automation Limited was originally incorporated as 'Patil Automation Private Limited', a Private Company, dated July 22, 2015 issued by the Registrar of Companies, Maharashtra. Thereafter, Company was converted from Private to Public Limited, and the name of the Company was changed from 'Patil Automation Private Limited' to 'Patil Automation Limited' vide fresh Certificate of Incorporation dated October 21, 2024 issued by the Registrar of Companies, Central Processing Centre.
The Company established a manufacturing unit of automation products in 2015 and is an automation solutions provider serving industrial clients, primarily into automotive sector. The Company is engaged in designing, manufacturing, testing and installation of customized automation systems such as welding lines (spot welding, MIG and TIG), assembly lines, material handling machineries and special-purpose machineries, to meet the specific requirements of clients' production facilities. The automation solutions focus on optimizing manufacturing processes and reducing manual intervention at the clients' facilities.
The client base primarily comprises of Automotive Original Equipment Manufacturers (OEMs), Tier I suppliers to Automotive OEMs and
manufacturers of automotive components and sub-components, who seek to establish, expand, upgrade, modify or repair their production setup. The Company operate an in-house manufacturing facility comprising of two units Unit-I and Unit II, having combined built up area of around 109,000 sq. ft., which support the production of precision automation systems. These units are equipped with requisite machineries such as CNC bending machines, cutting machines (plasma, oxyfuel and laser), milling machines, jig boring, surface grinding machines, among others and various testing equipment to support production of automation systems.
Company is planning an Initial Public Issue of upto 58,00,000 Equity Shares of face value of Rs 10 each.