Affordable robotic & Automation Limited is a Pune based company engaged in delivering automation solution to automotive,semi-automotive and manufacturing sectors.
Affordable Robotic & Automation Limited IPO (Affordable Robotic Automation IPO) Detail/dd SHARMA/
The expertise of the company lies in the automation of the machines used in the auto sector. The company also give its services of assembling and installing multilevel car parking system.
Date of Incorporation: The company was incorporated in January 12th, 2010
Promoters of Affordable robotic & Automation Limited: Milind Padole and Manohar Padole are the promoters of the company.
Products and Services: The company provides turnkey automation solutions to its clients along with that it also gives assembling and installing multilevel car parking system.
Customer Segments: automotive, semi-automotive and manufacturing industries forms the major chunk of clientele base of the company
Objectives of the Issue: The Objectives of the Issue are-
- Purchase of New Plant and Machinery;
- Repayment of certain Long-Term Borrowings availed by the Company;
- Funding the Working Capital requirements of the Company; and
- General Corporate Purposes
For the year/period ended (in Rs.
Profit After Tax