IPO

Affordable Robotic & Automation Limited IPO

BSE SME

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

₹ 265600 /3200 Shares
*Min Investment

24 May, 2018

Open Date

28 May, 2018

Close Date

01 Jun, 2018

Allotment Date

04 Jun, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 83 - Rs 85 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 26,81,600 Equity Shares of Rs 10/- each at a price of Rs 83/- to 85/- per share aggregating to 22.79 Cr
  • Listing at BSE SME
  • Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
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.


The registrar of the IPO is Link Intime India Private Ltd , and

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IPO Subscription Analysis And Details
Retail
32.00x
QIB
51.00x
NII
34.00x
Total
1.00x
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 0.36 x 0.11 x 0.09 x
Day 2 25-05-18
0.14 x 0.97 x 0.22 x 0.29 x
Day 3 28-05-18
4.03 x 8.96 x 3.61 x 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
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