Arabian Petroleum Limited IPO
NSE SMEListed On: Oct 9, 2023 at ₹ 77.4
₹ 280000 /4000 Shares
*Min Investment
25 Sep, 2023
Open Date27 Sep, 2023
Close Date04 Oct, 2023
Allotment Date09 Oct, 2023
Listing DateArabian Petroleum Limited IPO Issue Details
- Issue Price ₹70 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,892,000 shares(aggregating up to ₹20.24 Cr)
- Listing at NSE SME
- List Price 77.4
- Listing Date 2023-10-09
- Lead Manager Hem Securities Limited
- Registrar Purva Sharegistry India Pvt Ltd
Arabian Petroleum Limited IPO Details
- Retail Portion 50%
Arabian Petroleum Limited IPO Details
Arabian Petroleum Limited IPO is an SME IPO, priced at ₹70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 25, 2023 to Sep 27, 2023. The allotment is expected to be finalized on Oct 4, 2023, and the tentative listing date is Oct 9, 2023.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Arabian Petroleum Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,372,000 | 1,372,000 | 27,44,000 |
Day 1 25-09-23 06:00 PM | 2.10 x | 0.76 x | 1.88 x |
Day 2 26-09-23 06:00 PM | 2.74 x | 4.56 x | 4.10 x |
Day 3 27-09-23 05:00 PM | 14.82 x | 23.19 x | 19.51 x |
Arabian Petroleum Limited Valuations
Arabian Petroleum Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,650.88 | 7,134.94 | 5,031.88 |
| Revenue | 24,394.68 | 19,159.10 | 11,024.54 |
| Profit After Tax | 486.48 | 414.34 | 287.54 |
About Arabian Petroleum Limited Company
Arabian Petroleum Limited manufactures a wide range of Lubricants including Specialty Oils, Coolants, etc. used for application in automobiles and industrial machines and appliances.
The company has two product divisions:
1. Automotive Lubricants - Arzol: This includes Two Wheeler Four Stroke Engine Oils, Passenger Car Motor Oils, Diesel Engine Oils, Gear and transmission Oils, Universal Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.
2. Industrial Lubricants - SPL: SPL brand of Industrial Lubricants provides products that improve productivity, reduce mechanical wear, prevent system failure, and reduce energy costs, by extending the efficiency and performance of machines.
Arabian Petroleum's clientele comes from domestic and international markets spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors, and automobile industry, etc.
Arabian Petroleum Limited - Promoter(s)
Mr. Hemant Dalsukhrai Mehta
Mr. Manan Hemant Mehta
Pre Issue Share Holding : %
Post Issue Share Holding : %
Arabian Petroleum Limited IPO - Issue Objectives
To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.
Arabian Petroleum Limited IPO - FAQs
Ans. Arabian Petroleum Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 25, 2023, and closes on Sep 27, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Arabian Petroleum Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Arabian Petroleum Limited IPO is 2,892,000 shares(aggregating up to ₹20.24 Cr).
Ans. The Arabian Petroleum Limited IPO price band is set between ₹70 per equity share.
Ans. To apply for Arabian Petroleum Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arabian Petroleum Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Arabian Petroleum Limited IPO is Oct 4, 2023.
Ans. The Arabian Petroleum Limited IPO will be listed on Oct 9, 2023.
Ans. Follow the steps to check the Arabian Petroleum Limited IPO allotment status online.
