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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% | ₹118.45 |
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹61.45 |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹9.93 |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,874.10 |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹730.35 |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹518.70 |
| A & M Febcon Ltd. | SME | ₹6.68 Cr | ₹18 | null | ₹18.00 | +0.00% | |
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹255.00 |
| Shri Ram Switchgears Ltd. | SME | ₹5.07 Cr | ₹19 | null | ₹22.80 | +20.00% | |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹5.14 |
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 |
| 5 | Issue expenses | 3.06 |
| Total | 30.29 |
About Affordable Robotic IPO
Updated on Aug 12, 2026
Contact Details
Affordable Robotic & Automation Ltd. AddressVillage WadkiGat No.1209Taluka Haveli, Dist.Pune, Maharashtra, 412308+91-7720018914info@arapl.co.inVisit Website