247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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

Affordable Robotic & Automation Limited is an Engineering - Automotive based company, located in Pune, Affordable Robotic & Automation Limited IPO size was 31.17 Cr. and was issued at 85.00 per share. The share of Affordable Robotic & Automation Limited were listed at 99.25 per share and are currently trading at 604.95 per share.

Type :
Sub Sector : The Business Of Providing Turnkey Automation Solution To Automotive Semi-automotive And Manufacturing Industries
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
62.25 Cr.

PAT :
5.43 Cr.

Pricing Report

Issue Price :
85.00

Listing Price :
99.25

Current Market Price :
604.95

Issue Price vs CMP :
519.95 (611.71%)

listing Price vs CMP :
505.7 (509.52%)

Performance Report (CAGR* wise)

CAGR : 34.4
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Affordable Robotic & Automation

Company Information
The business which was started in year 2005 as a proprietorship concern, is in the business of providing turnkey automation solution to automotive, semi-automotive and manufacturing industries. Affordable Robotic & Automation programs and automates the functions of machines used in manufacturing process of 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 assembly unit is equipped with requisite software, technology, machinery, spares store and other basic amenities for its employees making itself an integrated facility. The Company is also in the business of assembling and installing automatic multi-level car parking system. This system is preferred by residential complexes, shopping malls and commercial buildings. The Company has presence in
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Object of Issue
  • Purchase of New Plant and Machinery
  • Repayment of certain Long-Term Borrowings availed by the Company
  • Funding the Working Capital requirements of the Company
  • General Corporate Purposes

Affordable Robotic & Automation SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2018
IPO Size :
31.17 Cr.
IPO Subscription :
4.63 X     
PE Multiple :
17.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Affordable Robotic & Automation operates in Engineering - Automotive and The Business Of Providing Turnkey Automation Solution To Automotive Semi-automotive And Manufacturing Industries. The Issue is listed on BSE SME in Jun, 2018. Affordable Robotic & Automation IPO size was 31.17 Cr. with Issue price of 85.00 .

Affordable Robotic & Automation IPO subscription was 4.63 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Affordable Robotic & Automation IPO listed at a listing price of 99.25 against the offer price of 85.00.

The current market price of Affordable Robotic & Automation is 604.95.

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