Affordable Robotic & Automation Share Price Live

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 8,442 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.