IPO

Arvee Laboratories (India) Limited IPO

NSE SME

Offer Date: Feb 9, 2018 - Feb 14, 2018

₹ 244000 /4000 Shares
*Min Investment

09 Feb, 2018

Open Date

14 Feb, 2018

Close Date

20 Feb, 2018

Allotment Date

22 Feb, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 61 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 14,60,000 Equity Shares of Rs 10/- each at a price of Rs 61/- per share aggregating to 8.91 Cr
  • Listing at NSE SME
  • Lead Manager Sarthi Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Arvee Laboratories (India) Limited IPO is an SME IPO, priced at Rs 61 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Feb 9, 2018 to Feb 14, 2018. The allotment is expected to be finalized on Feb 20, 2018, and the tentative listing date is Feb 22, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

Read More
IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved6,92,0006,92,00013,84,000
Day 1 09-02-18 
0 x9,66,000 1.40 x9,66,000 0.70 x
Day 2 12-02-18 
13,20,000 1.91 x11,32,000 1.64 x24,52,000 1.77 x
Day 3 14-02-18
15,08,000 2.18 x25,02,000 3.62 x40,10,000 2.90 x
Day 3 -02-18
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 2.82
P/E Ratio 21.66
RoNW 37.00%
Net Asset Value (NAV) ( After Issue ) Rs 23.77
IPO - Issue Objectives
1

Re-payment of Unsecured Loans of Promoters

2

Issue Expenses