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  IPO
IPO Synopsis
  Affordable Robotic & Automation Ltd
Registered Office: Village Wadki Gat No. 1209, , Haveli - 412308 , Maharashtra , India.
Phone : 91-7720018914   Fax:
Email :  info@arapl.co.in  
Website :  www.arapl.co.in
Initial public offer consisting of fresh issue of 26,81,600 equity shares of face value of 10/- each fully paid for cash at a price of 85 per equity share (The "Issue Price") (including a share premium of 75 per equity share) aggregating up to 22.79 crores (The "Issue"), of which 1,36,000 equity shares of face value of 10/- each for cash at a price of 85/- per equity share, aggregating 1.16 crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 25,45,600 equity shares of face value of 10/- each for cash at a price of 85/- per equity share, aggregating 21.64 crores is hereinafter refered to as the "Net Issue". The issue and the net issue will constitute 26.34% and 25.01% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity share is 10 each. The issue price is 85 and is 8.5 times tha face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
24-May-18 28-May-18 85.00-0.00 0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Cr Lead Managers to the Issue
Project Cost 0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 22.79  
Post Issue Equity Share Capital 10.18  
Issue Price 85.00  
 
Projects
Purchase of New Plant and MachineryRepayment of certain long term borrowings availed by the company
Funding the working capital requirements of the companyGeneral corporate purposes
Promoted By
Listing At
BSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd  
No Data Found.