Past performance
About Affordable Robotic & Automation Ltd Affordable Robotic & Automation Limited, based in Pune, Maharashtra, specializes in industrial automation solutions, focusing on diverse needs such as line automation, robotic inspection, and welding systems. Originally established as a proprietorship in 2005, it transitioned to a private limited company in 2010 and became a public limited company in 2018. The company is noted for its expertise in automatic car parking systems, catering to residential and commercial spaces.
Their main assembly and head office, located on an 8,442 sq. meter site in Pune, is equipped with advanced technology and amenities. In 2014, a new manufacturing facility was launched in Wadki, Pune, and in 2016-17, a joint venture in China, ARAPL Intelligent Equipment Shanghai Co. Ltd., was initiated. The company expanded into secondary packaging for FMCG industries in 2017-18. Affordable Robotic & Automation Limited went public in May 2018 with a fresh issue of 2,681,600 equity shares.
Performance overview