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Patil Automation raises ₹19.81 crore from Madhu Kela-backed Chartered Finance, 10 other anchor investors ahead of IPO

Patil Automation IPO: Automated robotic lines manufacturer Patil Automation Ltd has raised nearly ₹20 crore from anchor investors ahead of its upcoming initial public offering (IPO) next week on NSE Emerge, the SME platform of NSE. The anchor book includes participation from reputed investors, notably Chartered Finance & Leasing Limited, backed by veteran investor Madhusudan…

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