IPO Synopsis

Affordable Robotic & Automation Ltd

Registered Office: Village Wadki,Gat No 1209 Taluka Haveli, Pune - 412308, Maharashtra, India. Phone : 91-7720018914   Fax: 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 Opens On Closes On 24-May-18 28-May-18 Money Payable On Application Allotment 85.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Pantomath Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 22.79   Post Issue Equity Share Capital (.Cr) 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

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Listing At

BSE - SME

Registrar to the Issue

No Data Available