₹ 392.10 +3.25 (0.84%)
- NSE
- BSE
Overview
- BSE Code 541402
- NSE Symbol AFFORDABLE
- ISIN Demat INE692Z01013
- Book Value (₹) 98.97
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 455.75
- P/E (TTM) 76.17
- EPS (TTM) 5.32
- Div Yield (%) 0.00
Performance
Corporate Actions
Affordable Robotic & Automation Limited - Disclosure under SEBI Takeover Regulations
Apr 22, 2025Milind Manohar Padole has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
About Affordable Robotic & Automation Ltd
Affordable Robotic & Automation Limited was initially formed as 'Affordable Robotic & Automation Private Limited' at Pune, Maharashtra as a Private Limited Company on January 12, 2010. Subsequently, the Company was converted into a Public Limited Company and the name of the Company was changed to 'Affordable Robotic & Automation Limited' on February 2, 2018. Fresh Certificate of Incorporation was as registered with the Registrar of Companies to the Company upon the conversion of the Company into Public Limited Company.
the Company started its business in 2005 as a proprietorship concern, which is in the business of providing Turnkey Automation Solution
for all kind of Industrial Automation needs such as Line Automation, Assembly Line, Conveyor, Robotic Inspection Stations, Pick & Place Systems, Gantry, Auto Assembly stations, Robotic Welding Cell & Lines, Fixed, Indexing & Rotary type Welding fixtures, Spot, Mig, Tig Welding Robotic Cell, SPM's for Welding, Pneumatic, Hydraulic, Hydro-pneumatic SPM's, Jigs, Gauges & Fixtures. Automatic Car Parking
System is also Company's major area of expertise.
the Company programs and automates the functions of machines used in manufacturing process of automobile industry. The Assembly facility of the Company is situated at Pune, Maharashtra along with the Head office, covering an area of 8,442 sq. meters. The assembly unit is equipped with requisite software, technology, machinery, spares store and other basic amenities for its employees making itself an integrated facility. the Company is also in the business of assembling and installing automatic multi-level car parking system. This system is preferred by residential complexes, shopping malls and commercial buildings.
In 2014, the Company started a New Manufacturing facility at Wadki, Pune. In 2016-17, it started the Joint Venture ARAPL Intelligent Equiment Shanghai Co. Ltd. in China. Further, in FY 2017-18, the Company set-up a new line of business, Secondary Packaging, at FMCG industries by way of providing automation service in container packaging of the final packed product.
the Company came up with a Public Issue consisting of 26,81,600 Fresh Issue Equity Shares in May, 2018.
Founded | : 2010 |
Managing Director | : Milind Manohar Padole |
Address | : Village Wadki, Gat No 1209 Taluka Haveli, Pune, Maharashtra, 412308, |
Frequently Asked Questions
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)