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Affordable Robotic & Automation Ltd.

BSE: 541402 Sector: Engineering
NSE: N.A. ISIN Code: INE692Z01013
BSE 00:00 | 05 Mar 98.60 -1.80
(-1.79%)
OPEN

102.30

HIGH

102.30

LOW

98.40

NSE 05:30 | 01 Jan Affordable Robotic & Automation Ltd
OPEN 102.30
PREVIOUS CLOSE 100.40
VOLUME 25600
52-Week high 113.90
52-Week low 19.55
P/E 35.09
Mkt Cap.(Rs cr) 100
Buy Price 98.40
Buy Qty 1600.00
Sell Price 101.45
Sell Qty 1600.00
OPEN 102.30
CLOSE 100.40
VOLUME 25600
52-Week high 113.90
52-Week low 19.55
P/E 35.09
Mkt Cap.(Rs cr) 100
Buy Price 98.40
Buy Qty 1600.00
Sell Price 101.45
Sell Qty 1600.00

Affordable Robotic & Automation Ltd. (AFFORDABLEROBO) - Company History

Affordable Robotic & Automation Limited was originally incorporated 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. Milind Padole and Manohar Padole are the Promoters of the Company and initial subscribers to the Memorandum of Association of the Company.The company started its operation in the year 2005 as a proprietorship concern which is in the business of providing turnkey automation solution to automotive semi-automotive and manufacturing industries. The Company programs and automates the functions of machines used in manufacturing process of utomobile industry. The Assembly facility of the Company is situated at Pune Maharashtra along with the Head office covering an area of 8442 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. Further in FY 2017-18 the Company has set-up a new line of business Secondary Packaging which is aimed at FMCG industries by way of providing automation service in container packaging of the final packed product.

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