Affordable Robotic & Automation Limited IPO

Affordable Robotic & Automation Limited IPO offer consisting of fresh issue of upto 26,81,600 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. [*] per equity share (The Issue Price) (including a share premium of Rs. [*] per equity share) aggregating up to Rs. [*] crores (The Issue), of which 1,36,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). Affordable Robotic & Automation Limited IPO issue less market maker reservation portion i.e. Issue of upto 25,45,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share, aggregating Rs. [*] crores is hereinafter referred to as the Net Issue. Affordable Robotic & Automation Limited IPO and the net issue will constitute [*]% and [*]% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10 each.Price Band : Rs. 83/- to Rs. 85 per equity share of face value of Rs. 10 each.

About Affordable Robotic & Automation Limited

Affordable Robotic & Automation LimitedAffordable Robotic & Automation Limited (ARAPL) is a Pune, India based company, leading in automation world from more than a decade serving in Automotive, Non-Automotive, General Industries & also in Government Sector. Affordable Robotic & Automation Limited has customer base in India, China & other parts of Asia.
Affordable Robotic & Automation Limited is a Turnkey Automation Solution provider for all kind of Industrial Automation needs such as Line Automation, Assembly Line, Conveyor, Robotic Inspection Stations, Pick & Place Systems, Gantry, Auto Assembly stations, Robotic Welding Cell & Lines, Fixed, Indexing & Rotary type Welding fixtures, Spot, Mig, Tig Welding Robotic Cell, SPM’s for Welding, Pneumatic, Hydraulic, Hydro-pneumatic SPM’s, Jigs, Gauges & Fixtures. Automatic Car Parking System is also our major area of expertise.

Affordable Robotic & Automation Limited

Vision: To be leader in Robotics & Automation globally, with focus on Innovation, quality, customer satisfaction and deliver sustainable value to all stake holders.


  • To be the most preferred partner for customers by delivering superior experience in projects
  • Creating smart automation solutions by adopting new technology
  • Growing profitably by driving competitiveness and operating our business at benchmark levels
  • Enable employees and associates to achieve and unleash their full potential to deliver sustainable outcomes
  • Pursue best practices on care for our environment and community

About Affordable Robotic & Automation Limited IPO

IPO Size (In Cr.) Open Date Close Date Draft Prospectus
Affordable Robotic & Automation Limited IPO 22.26 24.05.2018 28.05.2018 DRHP
  • Lot Size: Minimum Application for 1600 shares of Rs. 168/- each with further multiples of
  • Credit to demat accounts: 05-June-2018
  • Listing: 06-June-2018

The Objects of the Issue are Purchase of New Plant and Machinery; Funding the Working Capital requirements of the Company; and General Corporate Purposes.

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Affordable Robotic & Automation Limited IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Phone: +91-22-25963838
Fax: +91-22-25946969

Affordable Robotic & Automation Limited IPO Lead Manager


Affordable Robotic & Automation Limited Management

Company is promoted by Milind Padole and Manohar Padole.

Affordable Robotic & Automation Limited Contact Info

Affordable Robotic & Automation Limited
Village Wadki
Gat No. 1209
Taluka Haveli, Dist. Pune – 412308
Phone: +91-7720018914

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