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IPO Details


Affordable Robotic & Automation Ltd
Registered Office: Village Wadki, Gat No 1209 Taluka Haveli, Pune - 412308, Maharashtra
Phone: 91-7720018914
Email: cs@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 Rs. 10/- each fully paid for cash at a price of Rs. 85 per equity share (The Issue Price) (including a share premium of Rs. 75 per equity share) aggregating up to Rs. 22.79 crores (The Issue), of which 1,36,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 85/- per equity share, aggregating Rs. 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 Rs. 10/- each for cash at a price of Rs. 85/- per equity share, aggregating Rs. 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 Rs. 10 each. The issue price is Rs.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-2018 28-May-2018 85.00 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 Machinery
Funding the working capital requirements of the company
Repayment of certain long term borrowings availed by the company
General corporate purposes
Promoted By
Listing At
BSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

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84,544.31 1,359.51 (1.63%)

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