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Open
24 May 2018
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Close
28 May 2018
3
Allotment
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Listing
Mon, Jun 4, 2018
Price Band
₹83 to ₹85
Issue Size
26,81,600 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Jun 4, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 55.55 | 53.91 | 32.40 | 22.86 |
| Total Income | 46.69 | 40.39 | 47.09 | 25.95 |
| Profit After Tax | 4.07 | 3.96 | 1.22 | 0.14 |
| EBITDA | 8.02 | 8.77 | 4.55 | 1.43 |
| NET Worth | 10.96 | 6.90 | 2.94 | 1.72 |
| Reserves and Surplus | 4.71 | 5.65 | 1.69 | 1.47 |
| Total Borrowing | 9.81 | 8.97 | 6.86 | 7.25 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Innovators Facade Systems Ltd. | SME | ₹40.76 Cr | ₹72 | null | ₹75.60 | +5.00% | ₹120.75 (+1.47%) |
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹83.78 (-0.56%) |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,326.70 (-0.59%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹800.80 (-0.48%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹520.45 (-1.44%) |
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹221.00 (+0.45%) |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹6.03 (-0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of New Plant and Machinery | 4.19 |
| 2 | Repayment of certain Long Term Borrowings availed by the Company | 17.50 |
| 3 | Funding the Working Capital requirements of the Company | 4.50 |
| 4 | General Corporate Purposes | 1.05 |
About Affordable Robotic IPO
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.+ Read More
Contact Details
Affordable Robotic & Automation Ltd. AddressVillage WadkiGat No.1209Taluka Haveli, Dist.Pune, Maharashtra, 412308+91-7720018914info@arapl.co.inVisit Website