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Affordable Robotic & Automation Ltd.

BSE: 541402 Sector: Engineering
NSE: N.A. ISIN Code: INE692Z01013
BSE 00:00 | 20 Feb 58.00 -1.00
(-1.69%)
OPEN

59.50

HIGH

59.50

LOW

58.00

NSE 05:30 | 01 Jan Affordable Robotic & Automation Ltd
OPEN 59.50
PREVIOUS CLOSE 59.00
VOLUME 4800
52-Week high 118.00
52-Week low 56.00
P/E 10.30
Mkt Cap.(Rs cr) 59
Buy Price 54.30
Buy Qty 1600.00
Sell Price 58.00
Sell Qty 1600.00
OPEN 59.50
CLOSE 59.00
VOLUME 4800
52-Week high 118.00
52-Week low 56.00
P/E 10.30
Mkt Cap.(Rs cr) 59
Buy Price 54.30
Buy Qty 1600.00
Sell Price 58.00
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.