IPO

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 Details


Affordable Robotic & Automation Limited IPO is an SME IPO, priced at Rs 83 - Rs 85 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from May 24, 2018 to May 28, 2018. The allotment is expected to be finalized on Jun 1, 2018, and the tentative listing date is Jun 4, 2018.


PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved12,68,8003,84,0008,92,80025,45,600
Day 1 - 24-05-180 x1,39,200 0.3696,000 0.11 x2,35,200 0.09 x
Day 2 - 25-05-181,77,600 0.14 x3,72,800 0.971,92,000 0.22 x7,42,400 0.29 x
Day 3 - 28-05-1851,18,400 4.03 x34,40,000 8.9632,20,800 3.61 x1,17,79,200 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)
  1. Mr. Milind Padole
  2. Mr. Manohar Padole

IPO - Issue Objectives

  1. Purchase of New Plant and Machinery
  2. Repayment of certain Long-Term Borrowings availed by the Company
  3. Funding the Working Capital requirements of the Company
  4. 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.