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 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.

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 Opening DateMay 24, 2018
IPO Closing DateMay 28, 2018
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹83 to ₹85 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME
Issue Size3,667,200 Eq Shares of ₹10
(aggregating up to ₹31.17 Cr)

Affordable Robotic Automation IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹136,000
Maximum11600₹136,000

Affordable Robotic Automation IPO Subscription Status (Bidding Detail)

The Affordable Robotic Automation IPO is subscribed 4.63x times on May 28, 2018 17:00. The public issue subscribed 25.30x in the retail category, in the QIB category, and 2.70x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.70x

RII

25.30x

Total

4.63x

Affordable Robotic Automation IPO Prospectus

Affordable Robotic Automation IPO Rating

86
4.0
Rating:Rated 4.0 stars

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Affordable Robotic Automation IPO Listing Date

Listing DateMonday, June 4, 2018
BSE Script Code541402
NSE Symbol
Listing InMT Group of Securities
ISININE692Z01013
IPO Price₹85 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹85.00
Open:₹90.05
Low:₹92.00
High:₹99.25
Last Trade:₹99.25
Volume:89,600

Affordable Robotic Automation IPO Reviews / Ratings

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
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: affordablerobotic.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Affordable Robotic Automation IPO Lead Manager(s)

Affordable Robotic Automation IPO FAQs

  1. What is Affordable Robotic Automation IPO?

    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 equity 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.

  2. When Affordable Robotic Automation IPO will open?

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

  3. What is the lot size of Affordable Robotic Automation IPO?

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

  4. How to apply for Affordable Robotic Automation IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

  6. When is Affordable Robotic Automation IPO listing date?

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

Affordable Robotic Automation IPO Message Board

Ranked Members  Ranked Members

Loading...
65. CPHArun |Jun 12, 2018 23:40
Trading at 125 today. Valuation seems very very high...Crazy
64. Umang and his ultrasonic uproar |Jun 4, 2018 16:32
IPO Mentor IPO Mentor (500+ Posts, 500+ 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 |Jun 5, 2018 22:18
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
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 |Jun 5, 2018 22:24
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
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 |Jun 4, 2018 15:11
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
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 |Jun 4, 2018 16:08
Top Contributor Top Contributor (200+ Posts)
For retail there were 1272800 shares Reserve. so it was oversubscribed 2.75 times.
63.4. Johny |Jun 4, 2018 17:28
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Check the RHP document page 65 -
QIB Portion - 1268800
Retai Portion - 892800
NI Portion - 384000
62. Hiteshji |Jun 4, 2018 15:32
Top Contributor Top Contributor (400+ Posts, 200+ 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 |Jun 4, 2018 14:59
Top Contributor Top Contributor (400+ Posts, 200+ 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 |Jun 4, 2018 12:31
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 |Jun 4, 2018 14:33
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 |Jun 4, 2018 14:46
Tujhe apne baap ka pata bhi nahi hai beta
Apni maa we pooch najayaaz aulad hai tu meri.
59. share blaster |Jun 4, 2018 11:04
This message has been removed by a moderator.
59.1. anujsme |Jun 4, 2018 12:27
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 |Jun 4, 2018 11:03
sold at 90.95
57. Hiteshji |Jun 4, 2018 10:29
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Sold at 91. Good profit.
56. RAJAKUMAR |Jun 4, 2018 10:15
IPO Guru IPO Guru (1400+ Posts, 1000+ 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 |Jun 4, 2018 10:12
IPO Guru IPO Guru (1400+ Posts, 1000+ Likes)
I got one lot and sold at 90.90
54. Hiteshji |Jun 4, 2018 10:04
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
As i hv only 1 lot, i hv put order in upper circuit. Lets see.
53. Hiteshji |Jun 4, 2018 09:47
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Lists at 90. Risk rewarded...profit. Boss...
53.1. share blaster |Jun 4, 2018 09:48
hitesh ji sale kr doge ya rakhoge pls give ur decision hme bi suggestion do
53.2. share blaster |Jun 4, 2018 09:56
bta do hitesh ji
52. RAJAKUMAR |Jun 4, 2018 09:51
IPO Guru IPO Guru (1400+ Posts, 1000+ Likes)
It listed on 5thworking day after closing ipo
51. RAJAKUMAR |Jun 4, 2018 09:47
IPO Guru IPO Guru (1400+ Posts, 1000+ Likes)
90.05 Discovered price
50. share blaster |Jun 4, 2018 09:08
bdhai ho histesh ji market positive h
49. Hiteshji |Jun 4, 2018 09:06
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Hope for good listing.
48. Hiteshji |Jun 4, 2018 09:05
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Yes
47. Hiteshji |Jun 4, 2018 09:05
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Yes
46. share blaster |Jun 4, 2018 08:52
friends listing aaj h kya iski







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