Established in 2010, Affordable Robotic & Automation Limited specializes in programming and automating machinery within the automotive manufacturing sector. Furthermore, the company offers services such as the assembly and installation of automated multi-level car parking systems in various settings, including residential complexes, shopping malls, commercial buildings, and public sector developments, particularly those associated with smart city projects. Additionally, the company custom manufactures special purpose machines (SPM) tailored to meet specific customer requirements.
The product portfolio of Affordable Robotic & Automation encompasses comprehensive parking solutions, industrial automation, and warehouse automation solutions.
Situated in Pune, Maharashtra, the company's assembly plant spans an area of 13,646 square meters.
Corporate Action | |
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Security Name | Affordable Robotic & Automation Ltd |
Issue Open/Close | February 26, 2024- March 7, 2024 |
Record Date | January 12, 2024 |
Issue Size (Amount) | ₹48.00 Crore |
Issue Size (Shares) | ₹1,066,666 |
Right Issue Price | ₹450 per share |
Face Value | ₹10 Per Shares |
CMP | ₹508 |
Renunciation of Rights Entitlements | March 1, 2024 |
Terms of Payment | The entire amount of the Issue Price of 450/- per Rights Equity Share shall be payable at the time of Application. |
Entitlement | ₹46 Rights Equity Shares for every 439 fully paid-up Equity Shares held on Record Date Entitlement |
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