Arabian Petroleum Limited IPO
Arabian Petroleum Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹70 per share. The stock debuted at ₹77.4, delivering a listing gain of 10.6%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Arabian Petroleum Limited IPO
- IPO Dates
- Sep 25, 2023 – Sep 27, 2023
- Price band
- ₹70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- 2,892,000 shares(aggregating up to ₹20.24 Cr)
- Lot size
- 2000
- Allotment Date
- Oct 4, 2023
- Listing
- Oct 9, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 25, 2023
Open Date
Completed
-
Sep 27, 2023
Close Date
Completed
-
Oct 4, 2023
Allotment Date
Completed
-
Oct 9, 2023
Listing Date
Completed
Arabian Petroleum Limited IPO Essentials
Arabian Petroleum Limited IPO Details
Arabian Petroleum Limited IPO is priced at ₹70 per share with a total issue size of 2,892,000 shares(aggregating up to ₹20.24 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,892,000 shares(aggregating up to ₹20.24 Cr)
- Listing at
- NSE SME
- List price
- 77.4
- Listing date
- Registrar
- Purva Sharegistry India Pvt Ltd
- Lead manager
-
Hem Securities Limited
Arabian Petroleum Limited IPO Analytics
Arabian Petroleum Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Arabian Petroleum Limited IPO Subscription Status
Arabian Petroleum Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹6.08/-
- P/E Ratio
- 11.51
Returns
- RoNW
- 22.08%
Arabian Petroleum Limited Financials( In Lakhs)
| 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 |
Arabian Petroleum Limited Company & Offer Insights
About Arabian Petroleum Limited
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 are the company's promoters of Arabian Petroleum Limited.
Arabian Petroleum Limited IPO Issue Objectives
- •
- To meet Working Capital requirements.
- •
- General Corporate Purpose.
- •
- To meet issue expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Arabian Petroleum Limited IPO is a Fixed Priced IPO worth ₹2,892,000 shares(aggregating up to ₹20.24 Cr). The issue price is ₹70 per share (fixed price). The IPO opens on Sep 25, 2023 and closes on Sep 27, 2023. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.
The issue price of Arabian Petroleum Limited IPO is ₹70 per share (fixed price).
The lot size of Arabian Petroleum Limited IPO is 2000 shares.
The minimum investment for Arabian Petroleum Limited IPO is approximately ₹1,40,000 based on the issue price .
Arabian Petroleum Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.
The allotment date of Arabian Petroleum Limited IPO is Oct 4, 2023.
Arabian Petroleum Limited IPO is expected to be listed on Oct 9, 2023, on NSE SME Platform.
Arabian Petroleum Limited IPO valuation snapshot: P/E 11.51, EPS ₹6.08/-, P/B N/A, RoNW 22.08%, and market cap N/A.
To apply for Arabian Petroleum Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Arabian Petroleum Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Arabian Petroleum Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Arabian Petroleum Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Arabian Petroleum Limited IPO allotment status on IPO Ji for quick and easy access.