IPO SYNOPSIS

Affordable Robotic & Automation Ltd
Registered Office:
Village Wadki,Gat No 1209 Taluka Haveli,
Pune - 412308,
Maharashtra, India.
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 (₹) 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
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed
22.79
 
Post Issue
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
No Data Available!!!
Listing At
BSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd