Affordable Robotic & Automation Limited IPO

BSE SME

Offer Date: May 24, 2018 - May 28, 2018

₹ 132800 /1600 Shares

IPO Details

24 May, 2018

Open Date

28 May, 2018

Close Date

01 Jun, 2018

Allotment Date

04 Jun, 2018

Listing Date

Issue Price

Rs 83 - Rs 85 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

Market Lot

1600 Shares (Rs 1,36,000/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Issue Size

26,81,600 Equity Shares of Rs 10/- each at a price of Rs 83/- to 85/- per share aggregating to 22.79 Cr

Retail Portion

N/A

Subscription

1,17,79,200 4.63 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	12,68,800	3,84,000	8,92,800	25,45,600
Day 1 - 24-05-18	0 x	1,39,200 0.36	96,000 0.11 x	2,35,200 0.09 x
Day 2 - 25-05-18	1,77,600 0.14 x	3,72,800 0.97	1,92,000 0.22 x	7,42,400 0.29 x
Day 3 - 28-05-18	51,18,400 4.03 x	34,40,000 8.96	32,20,800 3.61 x	1,17,79,200 4.63 x

Valuations

Earnings Per Share (EPS)

Rs 3.65

P/E Ratio

23.29

RoNW

43.89%

Net Asset Value (NAV) ( As on 31.12.17 )

Rs 16.67

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Milind Padole
Mr. Manohar Padole

IPO - Issue Objectives

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

IPO - FAQs

Ans. Affordable Robotic & Automation Limited IPO is a SME IPO. The issue is priced at Rs 83 - Rs 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.

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

Ans. The size of Affordable Robotic & Automation Limited IPO is 26,81,600 Equity Shares of Rs 10/- each at a price of Rs 83/- to 85/- per share aggregating to 22.79 Cr.

Ans. The IPO price band is set between Rs 83 - Rs 85 Per Equity Share .

Ans. To apply for Affordable Robotic & Automation Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Affordable Robotic & Automation Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Affordable Robotic & Automation Limited IPO is Jun 1, 2018.

Ans. The Affordable Robotic & Automation Limited IPO will be listed on Jun 4, 2018.

Ans. Follow the steps to check the allotment status for Affordable Robotic & Automation Limited IPO here.