Transaction Details

  • Total acquisition value: ₹20 crore
  • Penta acquisition value: ₹19.8 crore for 10,94,200 equity shares (face value ₹10 each) at ₹180.98 per share
  • Payment structure: 80% stake (₹15.84 crore) upfront cash payment, 20% stake (₹3.96 crore) deferred consideration payable in five equal annual installments beginning April 1, 2027
  • Pats Robotics acquisition: ₹0.2 crore funded by Batliboi to Penta for 100% acquisition before closing
  • Sellers: Manders Industries B.V., Netherlands (49% stake) and founders Mr. Dharmesh Mistry and Ms. Avani Mistry (51% stake collectively)

Financial Information

  • Penta Group combined FY2025-26 revenue: ₹25.17 crore
  • Pats Robotics FY2025-26 revenue: ₹3.61 crore
  • Penta revenue history: ₹20.31 crore (FY2023-24), ₹19.93 crore (FY2024-25), ₹25.17 crore (FY2025-26)

Transaction Structure

  • Penta will become wholly owned subsidiary of Batliboi after completion of deferred payments
  • Pats Robotics will become indirect wholly owned subsidiary through Penta
  • Founders Dharmesh Mistry and Avani Mistry will continue leading operations under Batliboi management through 5-year employment contracts with Penta

Strategic Rationale

  • Establishes Batliboi's presence in industrial automation and robotics integration segment
  • Adds complementary automation capabilities to existing capital goods and machine tools businesses
  • Provides diversification into high-growth market with proven execution capabilities
  • Leverages Penta's customer relationships with blue-chip clients including SKF, Tenneco, Schaeffler, and Siemens

Timeline and Conditions

  • Expected completion date: on or before July 31, 2026
  • Subject to satisfaction of customary conditions precedent under definitive transaction agreements

Additional Information

  • Katalyst Advisors LLP acted as structuring, due diligence, and implementation advisor to Batliboi
  • Company website: http://www.batliboi.com/
  • BSE scrip code: 522004