The Affordable Robotic Automation date has been confirmed from May 24, 2018 and ended on May 28, 2018. Read the post to learn about Affordable Robotic Automation IPO GMP.
Affordable Robotic Robotization Developers IPO is a fixed price issue of Rs31.17 crores. The price range is ₹83 to ₹85 per share. The minimal lot size for an operation is 1600 Shares. The minimal quantum of investment needed by retail investors is ₹ 136,000.
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Key Details Of Affordable Robotic Automation IPO:
Bidding Dates
May 24-28
Price Range
₹83 to ₹85 per share
Face Value
₹10 per share
GMP
₹514.65
Affordable Robotic Automation IPO GMP
The Affordable Robotic Automation IPO GMP Today is ₹514.65.
Affordable Robotic Automation IPO Overview
The Affordable Robotic robotization IPO is a Rs 31.17 crore book- erected allocation. Bidding for the Affordable Robotic robotization IPO began on May 24, 2018 and finished on May 28, 2018. The shares were listed on the BSE SME on June 4, 2018. The pricing range for the Affordable Robotic robotization IPO is established at ₹ 83 to ₹ 85 per share. The Affordable Robotic Automation IPO GMP Today is ₹ 514.65.
An operation requires a minimum lot size of 1600 Shares. Retail investors must make a minimal investment of ₹ 136,000. Likewise, in financial time 2017- 18, the Company established a new line of business, Secondary Packaging, targeting FMCG sectors by furnishing robotization services in vessel packaging of the final packed product.
Affordable Robotic Automation IPO Details
| IPO Date | May 24, 2018 to May 28, 2018 |
| Listing Date | June 4, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹83 to ₹85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 3,667,200 shares (aggregating up to ₹31.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 136,000 shares |
Affordable Robotic Automation Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 5,390.96 | 3,239.97 | 2,285.85 | 1,670.49 | 916.22 | |
| Total Revenue | 4,039.43 | 4,709.13 | 2,595.45 | 2,423.29 | 1,727.28 | |
| Profit After Tax | 395.63 | 122.04 | 14.07 | 81.20 | 43.35 | |
Affordable Robotic Automation IPO Listing Details
| Listing Date | June 4, 2018 |
| BSE Script Code | 541402 |
| NSE Symbol | |
| ISIN | INE692Z01013 |
| Final Issue Price | ₹85 per share |
Company Profile
Affordable Robotic & robotization Limited, positioned in Pune, was innovated in 2010 with the idea of offering turnkey robotization results to the automotive, semi-automotive, and manufacturing diligence. The company programs and automates the functions of ministry used in the machine assiduity’s manufacturing process. The Company’s assembly plant and head office are located in Pune, Maharashtra, and encompass an area of 8,442 square meters. In addition, the company manufactures and installs automatic multilevel machine
parking systems. Domestic complexes, shopping promenades, and marketable structures prefer this system. It operates in the automated parking request in Mumbai and Pune.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Affordable Robotic Automation Limited |
| Phone number | +91-7720018914 |
| Email ID | [email protected] |
| Website | arapl.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Affordable Robotic Automation IPO FAQs
When Affordable Robotic Automation IPO will open?
The Affordable Robotic Automation IPO opens on May 24, 2018 and closes on May 28, 2018.
What is the lot size of Affordable Robotic Automation IPO?
Affordable Robotic Automation IPO lot size is 1600 Shares, and the minimum amount required is ₹136,000.
When is Affordable Robotic Automation IPO allotment?
The finalization of Basis of Allotment for Affordable Robotic Automation IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Affordable Robotic Automation IPO listing date?
The Affordable Robotic Automation IPO listing date is on June 4, 2018.
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