Affordable Robotic & Automation Limited IPO (Affordable Robotic Automation IPO) Detail

May 24, 2018 - May 28, 2018

Incorporated in 2010, Pune based Affordable Robotic & Automation Limited is a company engaged in the business of providing turnkey automation solution to automotive, semi-automotive and manufacturing industries.

The Company programs and automates the functions of machines used in 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 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.

Company Financials

Summary of financial Information (Restated)
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

Objects of the Issue

The Objects of the Issue are-

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

Affordable Robotic Automation IPO Details

IPO Date May 24, 2018 to May 28, 2018
Listing Date Monday, June 4, 2018
Face Value ₹10 per share
Price ₹83 to ₹85 per share
Lot Size 1600 Shares
Issue Size3,667,200 shares of ₹10
(aggregating up to ₹31.17 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company are Milind Padole and Manohar Padole. The Promoters hold 62,49,500 Equity Shares representing 96.18% of the pre-issue Paid-up Capital of the Company.

Affordable Robotic Automation IPO Lot Size

The Affordable Robotic Automation IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹136,000).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹136,000
Retail (Max) 1 1600 ₹136,000

Affordable Robotic Automation IPO Review

Although superb profits in FY17 and 9 months of FY18 raises concern, being first mover in the segment, this company might create fancy going forward. Investors may consider moderate investment for long term.

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Affordable Robotic Automation IPO Subscription Status (Bidding Detail)

The Affordable Robotic Automation IPO is subscribed 4.63 times on May 28, 2018 5:00:00 PM. The public issue subscribed 25.30 times in the retail category, times in the QIB category, and 2.70 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Affordable Robotic Automation IPO Prospectus

Affordable Robotic Automation IPO Rating

Rating:Rated 4.0 stars
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Affordable Robotic Automation IPO Listing Date

Listing Date Monday, June 4, 2018
BSE Script Code 541402
NSE Symbol
Listing In MT Group of Securities
ISIN INE692Z01013
IPO Price ₹85 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

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 Review

Affordable Robotic Automation IPO Recommendation Summary

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Affordable Robotic Automation IPO FAQs

Affordable Robotic Automation IPO is a SME IPO of 3,667,200 equity shares of the face value of ₹10 aggregating up to ₹31.17 Crores. The issue is priced at ₹83 to ₹85 per share. The minimum order quantity is 1600 Shares.

The IPO opens on May 24, 2018, and closes on May 28, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Affordable Robotic Automation IPO opens on May 24, 2018 and closes on May 28, 2018.

Affordable Robotic Automation IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in Affordable Robotic Automation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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 [.]. Check the Affordable Robotic Automation IPO allotment status.

The Affordable Robotic Automation IPO listing date is on Monday, June 4, 2018.
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Affordable Robotic Automation IPO Message Board

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65. CPHArun |   Link |Jun 13, 2018 12:40:42 AM
Trading at 125 today. Valuation seems very very high...Crazy
64. Umang and his ultrasonic uproar |   Link |Jun 4, 2018 5:32:12 PM
IPO Mentor IPO Mentor (600 Posts, 600+ Likes)
Guys move out of SME stocks as soon as possible. See the price erosion in last 20 days. Many high quality names are trading in discount or at issue price. Look at some recent fancy stocks where QIB participation was good like sirca, S. S infra, five core, AVG, softech.

Don't apply in any SME for listing gains of 5 to 10 %, it may erode your capital 50%.
It's time to say goodbye to SME SECTOR for a while.
64.7. IPOANALYSIS |   Link |Jun 5, 2018 11:18:47 PM
Yes but I don't think it would have affect on sme as mutual fund have very low holding. It is a rubbish move by sebi . Why were they sleeping these many years. Morever now if u check Fi have been buyers and mutual fund seller despite this bloodbath. It seems like govt. And sebi working hand in hand . At one point govt is asking for boost of small cap midcap and sme to allow small business expansion .They very well know retailers have big holding in such stocks and still sebi took such step
Bjp is a party which does not know what they are doing. Sometimes it's better not to do anything like Congress never did than do something and spoil it later what bjp has done. Whatever good work was done they spoil it later .In 10 days market and stocks have gone to 52 week low which is bizarre.
64.8. IPOANALYSIS |   Link |Jun 5, 2018 11:24:09 PM
However I still feel those sitting with cash should deploy and do cherry picks as the downside is somewhat limited and the panic selling is going to end sooner
63. IPOANALYSIS |   Link |Jun 4, 2018 4:11:04 PM
Hi everyone,

Has anyone checked if the allotment process has been correct for this sme.as far as i know this did not subscribe even 2 times and despite that i have not been allloted on 5 application/

thjere must have been shares sidelined.

please aeveryone confirm how much you all applied and alloted in that way we will know if they alloted in wrong way as this thing is happening only for sme which list well.
63.3. Splendid |   Link |Jun 4, 2018 5:08:31 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
For retail there were 1272800 shares Reserve. so it was oversubscribed 2.75 times.
63.4. Johny |   Link |Jun 4, 2018 6:28:18 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
Check the RHP document page 65 -
QIB Portion - 1268800
Retai Portion - 892800
NI Portion - 384000
62. Hiteshji |   Link |Jun 4, 2018 4:32:20 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Yes i think you are right. I hv applied in 4, but i luckily got in 1. That is 4 out of 1. We must consider this point in our mind for applying in future ipo.
61. Hiteshji |   Link |Jun 4, 2018 3:59:59 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Affordable now at upper circuit @ 94.55. My prediction was right. I m happy that my choice is right. Now i m watching for other sme ipo which must hv worth applying.
60. anujsme |   Link |Jun 4, 2018 1:31:42 PM
Share blaster innovator facade mein kitna nuksaan hogaya. Is mein 4 pc profit se Jo nuksaan innovators facade dega 5 lot ka who kabhi poora. Nahi hogs. sabko bola buy karne ko 76 par ki uc jayega. Us din me baad lagatar lc hai. Lol.
60.1. share blaster |   Link |Jun 4, 2018 3:33:46 PM
apke pita ji ne innovatora 75.60 frst uc me baeche bi the ye to apko pta ni are bacche ho ap hmaare abi
60.2. anujsme |   Link |Jun 4, 2018 3:46:33 PM
Tujhe apne baap ka pata bhi nahi hai beta
Apni maa we pooch najayaaz aulad hai tu meri.
59. share blaster |   Link |Jun 4, 2018 12:04:01 PM
This message has been removed by a moderator.
59.1. anujsme |   Link |Jun 4, 2018 1:27:38 PM
It innovators facade is down 5 pc uc. Tujhe sharam nahi aati kya. it was easily available at issue price easily.this is no gain 3 or 4 pc up every and makes on day 1 and start falling so nothing great. Waise yeh toh batao innovators facade ke uc kind jagah Roz lc lag rahe hai. 5 lot mein kitna nuksaan hogaya
58. share blaster |   Link |Jun 4, 2018 12:03:29 PM
sold at 90.95
57. Hiteshji |   Link |Jun 4, 2018 11:29:31 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Sold at 91. Good profit.
56. RAJAKUMAR |   Link |Jun 4, 2018 11:15:40 AM (1400+ Posts, 1200+ Likes)
Vasu and Affordable both LM Pantamoth list at 5% premium. Vasu retail quota undersubscribed and Affordable retail quota 3 times subscribed but give 9k profit in each allottee. So Sme stocks always unpredictable.
55. RAJAKUMAR |   Link |Jun 4, 2018 11:12:02 AM (1400+ Posts, 1200+ Likes)
I got one lot and sold at 90.90
54. Hiteshji |   Link |Jun 4, 2018 11:04:21 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
As i hv only 1 lot, i hv put order in upper circuit. Lets see.
53. Hiteshji |   Link |Jun 4, 2018 10:47:17 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Lists at 90. Risk rewarded...profit. Boss...
53.1. share blaster |   Link |Jun 4, 2018 10:48:54 AM
hitesh ji sale kr doge ya rakhoge pls give ur decision hme bi suggestion do
53.2. share blaster |   Link |Jun 4, 2018 10:56:13 AM
bta do hitesh ji
52. RAJAKUMAR |   Link |Jun 4, 2018 10:51:56 AM (1400+ Posts, 1200+ Likes)
It listed on 5thworking day after closing ipo
51. RAJAKUMAR |   Link |Jun 4, 2018 10:47:48 AM (1400+ Posts, 1200+ Likes)
90.05 Discovered price
50. share blaster |   Link |Jun 4, 2018 10:08:47 AM
bdhai ho histesh ji market positive h
49. Hiteshji |   Link |Jun 4, 2018 10:06:13 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Hope for good listing.
48. Hiteshji |   Link |Jun 4, 2018 10:05:19 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
47. Hiteshji |   Link |Jun 4, 2018 10:05:08 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
46. share blaster |   Link |Jun 4, 2018 9:52:38 AM
friends listing aaj h kya iski