Arrowhead Seperation Engineering Limited IPO
BSE SMEListed On: Nov 28, 2023 at ₹ 250.0
₹ 279600 /1200 Shares
*Min Investment
16 Nov, 2023
Open Date20 Nov, 2023
Close Date22 Nov, 2023
Allotment Date28 Nov, 2023
Listing DateArrowhead Seperation Engineering Limited IPO Issue Details
- Issue Price ₹233 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 558,000 shares(aggregating up to ₹13.00 Cr)
- Listing at BSE SME
- List Price 250.0
- Listing Date 2023-11-28
- Lead Manager Aryaman Financial Services Limited
- Registrar Cameo Corporate Services Limited
Arrowhead Seperation Engineering Limited IPO Details
- Retail Portion 50%
Arrowhead Seperation Engineering Limited IPO Documents
Arrowhead Seperation Engineering Limited IPO Details
Arrowhead Seperation Engineering Limited IPO is an SME IPO, priced at ₹233 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Nov 16, 2023 to Nov 20, 2023. The allotment is expected to be finalized on Nov 22, 2023, and the tentative listing date is Nov 28, 2023.
The registrar of the IPO is Cameo Corporate Services Limited, and
Arrowhead Seperation Engineering Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,64,000 | 2,64,000 | 5,28,000 |
Day 1 16-11-23 06:00 PM | 2.63 x | 18.97 x | 10.80 x |
Day 2 17-11-23 06:00 PM | 7.85 x | 54.61 x | 31.44 x |
Day 3 20-11-23 06:00 PM | 47.40 x | 142.30 x | 94.85 x |
Arrowhead Seperation Engineering Limited Valuations
Arrowhead Seperation Engineering Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,070.53 | 1,832.23 | 1,567.43 |
| Revenue | 2,171.57 | 1,091.73 | 916.63 |
| Profit After Tax | 169.18 | 9.17 | -179.19 |
About Arrowhead Seperation Engineering Limited Company
Arrowhead Seperation Engineering Limited is engaged in the manufacturing, trading and exporting of various types of dryers such as Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, etc. The company's focus is to meet the expectations of the customers by providing them with high-quality products that meet their satisfaction. Additionally, the company follows ethical business practices and maintains complete transparency in all transactions to build and maintain strong relationships with the customers.
As of June 2023, the company employs 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.
Arrowhead Seperation Engineering Limited - Promoter(s)
Ajit Mundle
Jyoti Mundle
Pre Issue Share Holding : 50%
Post Issue Share Holding : 35.09%
Arrowhead Seperation Engineering Limited IPO - Issue Objectives
Repayment of Loan from NBFC's
Funding Working capital requirements
General Corporate Purpose
Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchange including enhancing visibility and the brand image among the existing and potential customers and creating a public market for the Equity Shares in India.
Arrowhead Seperation Engineering Limited IPO - FAQs
Ans. Arrowhead Seperation Engineering Limited IPO is a SME IPO. The issue is priced at ₹233 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Nov 16, 2023, and closes on Nov 20, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Arrowhead Seperation Engineering Limited IPO opens on Nov 16, 2023 and closes on Nov 20, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Arrowhead Seperation Engineering Limited IPO is 558,000 shares(aggregating up to ₹13.00 Cr).
Ans. The Arrowhead Seperation Engineering Limited IPO price band is set between ₹233 per equity share.
Ans. To apply for Arrowhead Seperation Engineering Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arrowhead Seperation Engineering 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 Arrowhead Seperation Engineering Limited IPO is Nov 22, 2023.
Ans. The Arrowhead Seperation Engineering Limited IPO will be listed on Nov 28, 2023.
Ans. Follow the steps to check the Arrowhead Seperation Engineering Limited IPO allotment status online.
