Arabian Petroleum IPO will be Open on 25 September 2023 and closes on 27 September 2023. The company has fixed the price of this IPO at ₹70 according to the face value of ₹10. The company will raise ₹20.24 Crores through this IPO under the 2,892,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Arabian Petroleum IPO GMP here.
Arabian Petroleum Limited engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc used for Industrial and Automotive applications. The company business is categorized into two distinctive product division: (i) Automotive Lubricants – Arzol and (ii) Industrial Lubricants – SPL.
The company was licensed by American Petroleum Institute (API) to use API mark on some of its products like: Arzol Milage Synactiv, Arzol Super Duty and Arzol Synpros. The company has product approval certification from Volvo Group Trucks Technology, Renault Group and MACK Trucks for our product “Milage Synactivs 15W-40” engine oil.
The company has recently received OEM approval from Bharat Earth Movers Limited (Formerly – BEML Limited) for their entire range of products like Engine oil, hydraulic oil etc. API are exporting our products to countries like: Guyana, Oman, Qatar, Vietnam, Sri Lanka, Sierre Leone, Zambia, Bangladesh, Chile, Jordan, Seychelles, Maldives, Fiji, Congo, Gautemala, Suriname, Peru, Mauritius, Dubai etc. You can check Arabian Petroleum IPO Allotment status here.
The company manufacture and package lubricants on private label basis for some of the customers for B2B as well as B2C verticals. Some of company clientele include: Varroc Engineering Limited, Mahindra First Choice Services Limited, Greaves Cotton Limited, Gabriel India Limited, Ki Mobility Solutions Private Limited – TVS Group Company, HELLA India Lighting Ltd, Petrelplus Inc, Nand Persaud & Co Ltd, J K Files (India) Limited – a Raymond Group Company, Godrej & Boyce Manfacturing Co. ltd etc.
The company also have government clientele including BEML Limited, Bharat Coking Coal Limited, Bharat Electronics Limited, Bharat Heavy Electricals Limited, Hindustan Aeronautics Limited, Indian Air Force, Mazagon Dock Shipbuilders Limited, Indian Navy (Controller of Procurement Material Organisation), Municipal Corporation of Greater Mumbai, Indian Railway, Western Coalfields Limited, SouthEastern Coalfields Limited, Northern Coalfields Limited etc. You can check Arabian Petroleum IPO subscription status here.
Objects Of The Issue :
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Company Strengths :
- One Stop Shop for All Lubricants.
- Research and developm0ent capabilities allowing product innovation and customization.
- Long Standing Relationship with our customers.
- Experienced and Qualified Management.
| Read also: Upcoming IPO List 2023 |
Arabian Petroleum IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹4.86 Cr ₹70 Per Shares 6.08 11.51x 22.08 % 22.08 % 36.76 % 1.75 ₹27.54 ₹76.51 Cr ₹76.24 Cr 100.00 % 73.45 % |
| Team Review : | ✔ Apply For Long Term |
Arabian Petroleum IPO GMP Live:
Arabian Petroleum IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 26 Sep 2023 | ₹-₹ | ₹ |
| 25 Sep 2023 | ₹0-₹0 | ₹0 |
| 24 Sep 2023 | ₹0-₹0 | ₹0 |
| 23 Sep 2023 | ₹0-₹0 | ₹0 |
Arabian Petroleum IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 25 September 2023 |
| IPO Close : | 27 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹70 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹20.24 Cr {2,892,000 Shares} |
| Fresh Issue : | ₹20.24 Cr {2,892,000 Shares} |
Arabian Petroleum IPO Market Lot :
Arabian Petroleum IPO Minimum Market lot is 1 Lot with 2000 shares with ₹140,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹140,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 2000 | ₹140,000 |
| Retail (Max) : | 1 | 2000 | ₹140,000 |
| S-HNI (Min) : | 2 | 4000 | ₹280,000 |
Arabian Petroleum IPO Shares Offer :
A Total of 2,892,000 shares are to be bid for the public issue by Arabian Petroleum IPO with 2,892,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 2,892,000 | ₹20.24 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 2,892,000 | ₹20.24 Cr |
Arabian Petroleum IPO Net Reservation :
Arabian Petroleum IPO Net Reservation of 2,892,000 shares are to be bid for the public issue by Arabian Petroleum IPO with 13,72,000 for NII 13,72,000 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 13,72,000 | ₹9.60 Cr |
| RII : | 50% | 13,72,000 | ₹9.60 Cr |
| MMRP : | – % | 148,000 | ₹1.04Cr |
| Total : | 100% | 28,92,000 | ₹20.24 Cr |
Arabian Petroleum IPO EPS & RoNW :
The Arabian Petroleum company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹6.08 | 22.08% | ₹27.54 |
| 2022 | ₹5.18 | 24.14% | ₹21.45 |
| 2021 | ₹3.59 | 22.09% | ₹16.27 |
Arabian Petroleum IPO Peer Comparison PE :
The Arabian Petroleum, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Tide Water Oil Co | 18.42 |
| 2. | GP Petroleums | 9.18 |
Arabian Petroleum IPO Dates :
Arabian Petroleum IPO Date is 25 September 2023 and closes on 27 September 2023. The allotment will be finalized on 04 October 2023 and the IPO may list on 09 October 2023.
| Issue Open Date : | 25 September 2023 |
| Issue Close Date : | 27 September 2023 |
| Allotment Date : | 04 October 2023 |
| Refund Date : | 05 October 2023 |
| Share Credit Date : | 06 October 2023 |
| Listing Date : | 09 October 2023 |
Arabian Petroleum IPO Form :
There are two ways to apply in Arabian Petroleum IPO. You can apply for Arabian Petroleum IPO through ASBA available in your bank account. You have to go to your online bank login and select Arabian Petroleum IPO in the Invest section and apply through your bank account. Another option is you can apply Arabian Petroleum IPO through IPO form download through NSE and BSE. See the Arabian Petroleum IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Arabian Petroleum Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹24,394.68 | ₹23,740.83 | ₹486.48 |
| 2022 | ₹19,159.10 | ₹18,576.80 | ₹414.34 |
| 2021 | ₹11,024.54 | ₹10,634.55 | ₹287.54 |
Company Promoters :
■ Mr. Hemant Dalsukhrai
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Arabian Petroleum IPO Lead Managers :
■ Hem Securities Limited
Arabian Petroleum IPO Registrar :
Purva Sharegistry (India) Pvt. Ltd
Address: Unit No. 9, Ground Floor, Shiv Shakti Industrial.
Estate, J. R. Boricha Marg, Lower Parel East, Mumbai-400011,
Maharashtra, India.
Telephone: 91 22 2301 2517 / 8261
Fax No.: +91-022-23012517
Email: [email protected]
Website: www.purvashare.com
Note: Check Arabian Petroleum IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging,
Ambernath (W), Ambernath,
Thane, Maharasthra- 421505, India
Tel. No.: 0251-2395601
E-mail: [email protected]
Website: www.arabianpetroleum.co.in
Arabian Petroleum IPO FAQs :
What is Arabian Petroleum IPO?
Arabian Petroleum IPO is SME IPO. They are going to raise ₹20.24 Crores via IPO. The issue is priced at ₹70 per equity share. The IPO to be listed on NSE, SME.
When Arabian Petroleum IPO will open?
The IPO is to open on 25 Sep – 27 Sep for QIB, NII & RII.
How much is Arabian Petroleum IPO Size?
Arabian Petroleum IPO size is ₹20.24 Crores.
How much is the Fresh issue size of Arabian Petroleum IPO?
The Fresh issue size of Arabian Petroleum IPO ₹20.24 Cr.
How much is the Offer For Sale size of Arabian Petroleum IPO?
The Offer For Sale size of Arabian Petroleum IPO ₹0 Cr.
What is Arabian Petroleum IPO Price Band?
Arabian Petroleum IPO Price Band is ₹70 Per share.
What is the Arabian Petroleum IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹140,000 amount while the maximum bid is 2000 shares with ₹140,000.
How much is Arabian Petroleum IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Arabian Petroleum IPO Allotment Date?
Arabian Petroleum IPO allotment date is 04 October 2023.
When is Arabian Petroleum IPO Listing Date?
Arabian Petroleum IPO listing date is 09 October 2023. The IPO to list on NSE, SME.
How to Apply the Arabian Petroleum IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Arabian Petroleum IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arabian Petroleum IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Arabian Petroleum IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arabian Petroleum IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Arabian Petroleum IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arabian Petroleum IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Arabian Petroleum IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Arabian Petroleum GMP: Click Here Arabian Petroleum Subscription: Click Here Arabian Petroleum Allotment: Click Here Arabian Petroleum Listing: Click Here |
All Arabian Petroleum IPO-related links are available here. If you want to know the details then click on Click Here Link.
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