Mumbai, India : Affordable Robotic
and Automation Limited (ARAPL), a marque investor, Mr. Vijay Kedia-invested
company, has achieved a significant milestone by getting a clearance to list on
the National Stock Exchange (NSE) and migrating from the BSE SME Exchange to
the BSE Main Board simultaneously. Originally IPO price was ₹85 on the BSE SME
Exchange on 4th June 2018. Currently the market cap is more than INR 850
crores, given a return of 900% in last 6 years. ARAPL has shown remarkable
growth in the robotics and automation sector, reinforcing its position as a
leader in robotics and automation solutions.
Mr. Vijay Kedia has been one of the largest individual
investors in the company since 2018, when he first invested in this stock.
Since then the stock has seen a 900% return. He is also a seed investor in the
subsidiary ARAPL RaaS. Post this, he also participated in all investment rounds
of ARAPL. Mr. Kedia’s reinvestment in multiple rounds over a period of six
years demonstrates his confidence in the company’s growth story, robust
potential, and strategic vision.
Founded with a vision to revolutionize the automation
industry, ARAPL has grown exponentially since its inception in 2005. The
company began as a small enterprise focused on sourcing robotic drawings and
child parts for robotic welding lines around the world. Over the years, ARAPL has
expanded its footprint globally, establishing subsidiaries in key markets such
as China, North America, and Europe, while embracing cutting-edge technologies
to meet the evolving needs of its customers.
Under the leadership of Mr. Milind Padole, ARAPL has
consistently prioritized innovation and customer satisfaction. Mr. Padole
stated, “Our listing on the NSE will be a testament to our unwavering
commitment to our investors and all our stakeholders. We aim to leverage this
opportunity to further our mission of providing affordable, high-quality
automation solutions worldwide. ARAPL RaaS, our subsidiary, is set to
revolutionize warehouse automation by deploying autonomous robots. These
autonomous vehicles/AMRs/robots are powered by a highly advanced chip/controller
called i-ware which is a combination of advanced controllers and various
software layers developed by our RaaS team. These software layers are powered
by advanced AI, OR, navigation, WMS, and swarm robotics. This i-ware is
developed indigenously over the last three years by the RaaS team. Our focus
remains on expanding our technological capabilities and enhancing our global
outreach. This is a very exciting time as we are at the cusp of radical growth
with our expansion plan in USA and Europe markets.”
Robinson Phillipose, Co-Founder & CEO of ARAPL
RaaS, said, “All our robots, right from the factory, port, warehouse, to the
last mile, will see the use of various models of autonomous robots and i-ware.
These controllers and software are designed to be modular and can be deployed
fully or in part or interpolated.”
Rahul Padole, CIO & Co-Founder of ARAPL, said, “At
ARAPL, we believe the best is yet to come. The NSE listing wouldn't have been
possible without the relentless hard work of our team and the continuous
support of our investors. We will keep adding new products that are scalable
and provide faster value for our team, investors, and all other stakeholders.
We are, and will always remain, committed to all our stakeholders. My task now
is to take the company to new heights, add more products, and drive ARAPL
forward.”
The company’s journey to the NSE reflects its
dedication to financial transparency and governance, ensuring that stakeholders
are well-informed and engaged. ARAPL’s strategic partnerships and investments
in research and development have positioned it as a leader in the automation
sector.
With a strong leadership team and a clear vision for
the future, ARAPL is poised to continue its upward trajectory, driving
innovation and delivering value to its shareholders and customers alike.
About
Affordable Robotic and Automation Limited (ARAPL):
ARAPL is a leading automation solutions provider,
dedicated to delivering innovative and cost-effective services to a diverse
customers in Industrial Automation, Warehouse Automation and Automated Parking
Solutions. ARAPL spans across 120,000 Sq. Ft in manufacturing capacity and
provides robotic solutions in India, USA, China and Asia. With a team of 450+
knowledgeable and enthusiastic professionals ARAPL lays a strong emphasis on
quality and customer satisfaction that has set benchmarks in the automation
industry.
For more information, please visit
https://arapl.co.in/ or contact priyanka@arapl.co.in
Media Contact:
Ms. Priyanka Padole
Affordable Robotic and Automation Limited
Village Wadki, Gat No. 1209, Taluka Haveli, Dist. Pune
– 412308
Phone: +91 8956653201