Arvind and Company Shipping Agency Limited IPO
NSE SMEListed On: Oct 25, 2023 at ₹ 80.0
₹ 270000 /6000 Shares
*Min Investment
12 Oct, 2023
Open Date16 Oct, 2023
Close Date19 Oct, 2023
Allotment Date25 Oct, 2023
Listing DateArvind and Company Shipping Agency Limited IPO Issue Details
- Issue Price ₹45 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,276,000 shares(aggregating up to ₹14.74 Cr)
- Listing at NSE SME
- List Price 80.0
- Listing Date 2023-10-25
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Arvind and Company Shipping Agency Limited IPO Details
- Retail Portion 50%
Arvind and Company Shipping Agency Limited IPO Details
Arvind and Company Shipping Agency Limited IPO is an SME IPO, priced at ₹45 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 Oct 12, 2023 to Oct 16, 2023. The allotment is expected to be finalized on Oct 19, 2023, and the tentative listing date is Oct 25, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Arvind and Company Shipping Agency Limited IPO Subscription Analysis And Details
| 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
Arvind and Company Shipping Agency Limited Company Financials
| 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 |
About Arvind and Company Shipping Agency Limited Company
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
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73%
Arvind and Company Shipping Agency Limited IPO - Issue Objectives
Funding Capital Expenditure of the Company
General Corporate Purpose
To meet Public Issue Expenses
Arvind and Company Shipping Agency Limited IPO - FAQs
Ans. Arvind and Company Shipping Agency Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Oct 12, 2023, and closes on Oct 16, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Arvind and Company Shipping Agency Limited IPO opens on Oct 12, 2023 and closes on Oct 16, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Arvind and Company Shipping Agency Limited IPO is 3,276,000 shares(aggregating up to ₹14.74 Cr).
Ans. The Arvind and Company Shipping Agency Limited IPO price band is set between ₹45 per equity share.
Ans. To apply for Arvind and Company Shipping Agency Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arvind and Company Shipping Agency 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 Arvind and Company Shipping Agency Limited IPO is Oct 19, 2023.
Ans. The Arvind and Company Shipping Agency Limited IPO will be listed on Oct 25, 2023.
Ans. Follow the steps to check the Arvind and Company Shipping Agency Limited IPO allotment status online.
