Affordable Robotic & Automation IPO is set to make its debut on 24th May 18 with 31.17 Cr is a company engaged in the business of providing turnkey automation solutions to automotive, semi-automotive and manufacturing industries
Affordable Robotic & Automation IPO – overview
| IPO Dates | 24-28 May 18 |
| IPO Price | INR 85 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,667,200 shares (INR 31.17 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 2010, Pune based Affordable Robotic & Automation Limited is a company engaged in the business of providing turnkey automation solutions to automotive, semi-automotive and manufacturing industries.
The Company programs and automates the functions of machines used in the manufacturing process of the automobile industry. The Assembly facility of the Company is situated at Pune, Maharashtra along with the Head office, covering an area of 8,442 sq. meters.
The Company is also in the business of assembling and installing an automatic multilevel car parking system. This system is preferred by residential complexes, shopping malls, and commercial buildings. It has a presence in Mumbai and Pune in automated car-parking business. Further, in FY 2017-18, the Company has set-up a new line of business, Secondary Packaging, which is aimed at FMCG industries by way of providing automation service in container packaging of the final packed product.
Objects of the Issue
1.Purchase of New Plant and Machinery;
2. Repayment of certain Long-Term Borrowings availed by the Company;
3. Funding the Working Capital requirements of the Company; and
4. General Corporate Purposes
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 5,390.96 | 3,239.97 | 2,285.85 |
| Total Revenue | 4,039.43 | 4,709.13 | 2,595.45 |
| Profit After Tax | 395.63 | 122.04 | 14.07 |
Company Contact Information
Affordable Robotic & Automation Limited
Village Wadki
Gat No. 1209
Taluka Haveli, Dist. Pune – 412308
Phone: +91-7720018914
Email: info@arapl.co.in
Website: http://www.arapl.co.in
Affordable Robotic Automation IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: affordablerobotic.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Affordable Robotic Automation IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
