Arvind and Company Shipping Agency Limited is entering the capital market with an IPO of 3,276,000 equity shares of Rs 10. The IPO is priced at ₹45 per share, and the minimum lot size for an application is 3,000 shares. The IPO is listing at NSE SME and BSE SME.
The IPO is raising ₹14.74 Crores. The lead managers are Beeline Capital Advisors Pvt Ltd and Interactive Financial Services Ltd. The registrar is Skyline Financial.
You can get the latest subscription status from BSE and NSE. If you have any concerns or queries about the allotment status, you can contact Skyline Financial Services Private Ltd by phone or email.
Arvind and Company Shipping Agency IPO Timeline
| Particular | Date |
| IPO Open Date | 12 Oct 2023 |
| IPO Close Date | 16 Oct 2023 |
| Allotment Date | 19 Oct 2023 |
| IPO Listing Date | 25 Oct 2023 |
Arvind and Company Shipping Agency IPO Details
| Issue Type | Fixed Price Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 45 Per Equity Share |
| Market Lot | 3000 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 15 Crore. |
Arvind and Company Shipping Agency IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 3000 | Rs. 135000 |
| Maximum | 1 | 3000 | Rs. 135000 |
| Small HNI (Minimum) | 2 | 6000 | Rs. 270000 |
Arvind and Company Shipping Agency IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 3381.18 | 1860.94 | 578.46 |
| Total Revenue | 841.10 | 331.44 | 52.51 |
| Profit After Tax | 347.12 | 100.28 | 23.75 |
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Company Promoters:
Mr Arvind Kantilal Shah, Mr Vinit Arvind Shah, Mrs Parul Arvind Shah and Mr Chintan Arvind Shah are the promoters of the company
Purpose of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- Funding Capital Expenditure of the Company
- General Corporate Purpose
- To meet Public Issue Expenses
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Arvind and Company Shipping Agency Limited City point 701 to 702 Fifth Floor, Nr. Town Hall Jamnagar361001 Phone: +919913411144 Email: info@arvindshipping.com Website: https://www.arvindshipping.com/ | Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
