Arvind and Company Shipping Agency Limited IPO

Arvind and Company Shipping Agency Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹45 per share. The stock debuted at ₹80, delivering a listing gain of 77.8%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,35,000.

Arvind and Company Shipping Agency Limited IPO

NSE SME Listed
₹1,35,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 12, 2023 – Oct 16, 2023
Price band
₹45 per equity share
Minimum Investment
₹1,35,000
Issue size
3,276,000 shares(aggregating up to ₹14.74 Cr)
Lot size
3000
Allotment Date
Oct 19, 2023
Listing
Oct 25, 2023
Listing At
NSE SME

IPO timeline

  1. Oct 12, 2023

    Open Date

    Completed

  2. Oct 16, 2023

    Close Date

    Completed

  3. Oct 19, 2023

    Allotment Date

    Completed

  4. Oct 25, 2023

    Listing Date

    Completed

Arvind and Company Shipping Agency Limited IPO Essentials

Arvind and Company Shipping Agency Limited IPO Details

Arvind and Company Shipping Agency Limited IPO is priced at ₹45 per share with a total issue size of 3,276,000 shares(aggregating up to ₹14.74 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.

Issue price
₹45 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
3,276,000 shares(aggregating up to ₹14.74 Cr)
Listing at
NSE SME
List price
80.0
Listing date
Registrar
Skyline Financial Services Private Ltd
Lead manager
Beeline Capital Advisors Pvt Ltd

Arvind and Company Shipping Agency Limited IPO Details

  • Retail Portion 50%

Arvind and Company Shipping Agency Limited IPO Documents

Arvind and Company Shipping Agency Limited IPO Analytics

Arvind and Company Shipping Agency Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Arvind and Company Shipping Agency Limited IPO Subscription Status

Arvind and Company Shipping Agency 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 1,554,000 1,554,000 3,108,000
Day 1 12-10-23 06:00 PM
(11.77) x 21.40 x 18.59 x
Day 2 13-10-23 06:00 PM
(19.15) x 59.48 x 41.33 x
Day 3 16-10-23 06:00 PM
(436.16) x 321.97 x 379.06 x

Arvind and Company Shipping Agency Limited Valuations

Earnings

EPS (Post IPO)
₹4.62/-
P/E Ratio
9.74

Returns

RoNW
46.88%

Data sourced from DRHP / RHP • For educational purposes only

Arvind and Company Shipping Agency Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 3,381.18 1,860.94 578.46
Revenue 841.10 331.44 52.51
Profit After Tax 347.12 100.28 23.75

Arvind and Company Shipping Agency Limited Company & Offer Insights

About Arvind and Company Shipping Agency Limited

Arvind and Company Shipping Agency is situated in Jamnagar, Gujrat. The company is in the business of carrying and forwarding agents. The company operates in vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges and tugs for Cargo. The company mainly provides services related to Marine Vessels and Ancillary equipment and supplies equipment to multinational corporations.

The company has also expanded its business horizon by entering into the hospitality business with Hotel Millennium Plaza and Hotel 999.

Arvind and Company Shipping Agency Limited has 15+ employees and has completed 850+ projects.

Competitive Strength:
1. Experienced Promoters and Management Team.
2. Competitive cost structure and efficient operations.
3. Location of the facilities promotes closer association with the vendors and customers.

Arvind and Company Shipping Agency Limited Promoter(s)

Mr Arvind Kantilal Shah, Mr Vinit Arvind Shah, Mrs Parul Arvind Shah, Mr Chintan Arvind Shah are the company's promoters of Arvind and Company Shipping Agency Limited.

Arvind and Company Shipping Agency Limited IPO Issue Objectives

Funding Capital Expenditure of the Company
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Arvind and Company Shipping Agency Limited IPO is a Fixed Priced IPO worth ₹3,276,000 shares(aggregating up to ₹14.74 Cr). The issue price is ₹45 per share (fixed price). The IPO opens on Oct 12, 2023 and closes on Oct 16, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.

The issue price of Arvind and Company Shipping Agency Limited IPO is ₹45 per share (fixed price).

The lot size of Arvind and Company Shipping Agency Limited IPO is 3000 shares.

The minimum investment for Arvind and Company Shipping Agency Limited IPO is approximately ₹1,35,000 based on the issue price .

Arvind and Company Shipping Agency Limited IPO opens on Oct 12, 2023 and closes on Oct 16, 2023.

The allotment date of Arvind and Company Shipping Agency Limited IPO is Oct 19, 2023.

Arvind and Company Shipping Agency Limited IPO is expected to be listed on Oct 25, 2023, on NSE SME Platform.

Arvind and Company Shipping Agency Limited IPO valuation snapshot: P/E 9.74, EPS ₹4.62/-, P/B N/A, RoNW 46.88%, and market cap N/A.

To apply for Arvind and Company Shipping Agency 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 Arvind and Company Shipping Agency 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 Arvind and Company Shipping Agency Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Arvind and Company Shipping Agency Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Arvind and Company Shipping Agency Limited IPO allotment status on IPO Ji for quick and easy access.