Affordable Robotic & Automation Ltd is incorporated in 2010 based in Pune. The company provides turnkey automation solutions to automotive and semi automotive companies. They have assembly facility in Pune and head office as well. They assemble and install multilevel car parking system in residential complex, shopping malls and commercial buildings. They also diversified in automation in container packaging for FMCGs. Affordable Robotic & Automation ipo is starting from 24-May and ends on 28-May. The price band is around Rs.83-85 with 1600 market lot. The ipo size is around 22.26 crore rupees.
IPO Review:
- Apply for Long Term
Affordable Robotic & Automation IPO Dates & Price Band:
- IPO Open: 24 May 2018
- IPO Close: 28 May 2018
- IPO Size: Approx Rs 22.26 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.81-83 Per Equity Share
- Listing on: BSE SME
- Shares: 26,81,600
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 1,600 Shares (Minimum Lot Size)
- Amount: Rs.1,32,800
IPO Allotment & Listing:
- Basis of Allotment: 01-June-2018
- Refunds: 04-June-2018
- Credit to demat accounts: 05-June-2018
- Listing: 06-June-2018
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Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 24.23 | 23.01 | 0.81 | ||
| 2015 | 25.96 | 25.69 | 0.14 | ||
| 2016 | 47.09 | 44.62 | 1.22 | ||
| 2017 | 40.39 | 33.86 | 3.96 | ||
| 2018 (9M) | 46.69 | 40.77 | 4.07 | ||
Grey Market Premium:
- The grey market is around Rs.N/A Subject to Sauda.
Affordable Robotic & Automation IPO Subscription Status:
- IPO Subscribed 4.39 times overall
Affordable Robotic & Automation IPO Allotment Status:
Company Promoters:
- Milind Padole
- Manohar Padole
Quick Links:
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IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
IPO Lead Managers:
- Pantomath Capital Advisors Pvt. Ltd.
Company Address:
Affordable Robotic & Automation Limited
Village Wadki
Gat No. 1209
Taluka Haveli, Dist. Pune – 412308
Phone: +91-7720018914
Email: [email protected]
Website: http://www.arapl.co.in
