Affordable Robotic and Automation Limited (ARAPL) has recently achieved a remarkable milestone by migrating from the BSE SME Exchange to the National Stock Exchange (NSE) Main Board. This transition marks a significant step for the company, which has experienced extraordinary growth since its IPO at ₹85 in June 2018, witnessing a staggering 900% return over the past six years and currently boasting a market capitalization of over ₹850 crores.
A Celebratory Listing Ceremony
The listing ceremony was a star-studded event, featuring prominent figures from the financial and investment sectors. Notable attendees included Ashish Chouhan, Managing Director of NSE, and Vijay Kedia, founder of Kedia Securities. Their presence underscores the significance of ARAPL’s achievement in the competitive landscape of robotics and automation.
Mr. Milind Padole, the Founder and Managing Director of ARAPL, expressed profound gratitude during the event, highlighting the importance of this listing as a catalyst for future growth. He stated, “We feel empowered and poised to scale new heights with our team and the support of our investors.” This sentiment reflects the company’s commitment to delivering cutting-edge, customer-centric solutions.
Growth and Global Expansion
ARAPL has positioned itself as a leader in the robotics and automation sector, with a strong focus on expanding its technological capabilities and enhancing its global outreach. The company has ambitious plans to increase its presence in markets such as the USA and Europe, capitalizing on the growing demand for innovative automation solutions.
Mr. Rahul Padole, CIO of ARAPL, acknowledged the vital contributions of the technology team, led by experts with extensive experience in the robotics field. Their collective knowledge is pivotal as ARAPL aims to introduce efficient, easy-to-install robotic solutions tailored to meet the needs of diverse clients.
The Strategic Vision Ahead
As ARAPL embarks on this new chapter, the leadership team is focused on scaling production to meet increasing global demand. Nitin Gupta, Director of Operations, emphasized the company’s commitment to building in-house capabilities to deliver over 500 machines to Europe and America in the upcoming year. The ambition doesn’t stop there; the team plans to establish futuristic manufacturing plants designed to enhance efficiency and affordability in various markets.
Moreover, Mr. Harsh Khera, EVP of European Markets, highlighted the strategy to overcome the unique challenges of entering the European market. By partnering with local companies, ARAPL aims to provide quicker service and build a robust customer base. This lean model is expected to facilitate smoother operations and enhance the overall customer experience.
A Strong Foundation for Future Success
With a dedicated workforce of over 400 professionals and a sprawling manufacturing capacity of 250,000 sq. ft., ARAPL is well-equipped to lead the future of automation. The company’s leadership emphasizes quality and customer satisfaction, ensuring that they continue to set benchmarks in the automation industry.
As ARAPL prepares for this exciting new phase, the support from investors and stakeholders will be crucial. The enthusiasm shown by key figures like Vijay Kedia, who remarked on the company’s potential and dedication, reinforces confidence in ARAPL’s trajectory.
The listing of ARAPL on the NSE Main Board is not just a testament to its past achievements but also a significant indicator of the potential growth and innovation that lies ahead. With a clear vision, strategic leadership, and a commitment to excellence, ARAPL is poised to revolutionize the robotics and automation industry, creating lasting value for its shareholders and customers alike.
As we watch ARAPL navigate this new journey, one thing is clear: the future of automation is bright, and ARAPL is leading the way. Stay tuned for more updates as this dynamic company continues to expand and innovate in the years to come!
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