Arvind and Company Shipping IPO will be Open on 12 October 2023 and closes on 16 October 2023. The company has fixed the price of this IPO at ₹45 according to the face value of ₹10. The company will raise ₹14.74 Crores through this IPO under the 32,76,000 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 Arvind and Company Shipping IPO GMP here.
Arvind and Company Shipping Agency engaged in the business of Shipping and Forwarding agents. The company is part of the Arcadia group. The company is primarily engaged in chartering business. chartering activities of our company mainly include chartering of Barge for commercial purposes. The company operates in vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges and tugs for Cargo. You can check Arvind & Company Shipping IPO Allotment status here.
The company manages two hotels viz. “Hotel Millennium Plaza” and “Hotel 999” out of which “Hotel Millennium Plaza” is owned by the company since Year 1997 while Hotel “Hotel 999” is owned by our promoter Mr. Arvind Kantilal Shah, but it is managed by company based on the rent agreement dated May 09, 2023. You can check Arvind and Company Shipping IPO subscription status here.
The company revenue majorly from 2 business verticals, as follows:
- Chartering of Barges
- Hotel and Hospitality
Objects Of The Issue :
- Funding Capital Expenditure of our company
- General Corporate Purpose
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team
- Competitive cost structure and efficient operations
- Location of our facilities promotes closer association with our vendors and customers
| Read also: Upcoming IPO List 2023 |
Arvind and Company Shipping 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 : | ₹3.47 Cr ₹46 EQ 4.62 9.74x 46.88 % 46.88 % 37.44 % 2.44 ₹12.17 ₹33.81 Cr ₹54.62 Cr 100.00 % 73.00 % |
| Team Review : | ✔ Apply For Long Term |
Arvind and Company Shipping IPO GMP Live:
Arvind and Company 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 |
| Today | Check Day Wise GMP |
Arvind and Company Shipping IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 12 October 2023 |
| IPO Close : | 16 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹46 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹14.74. Cr {3,276,000 Shares} |
| Fresh Issue : | ₹14.74. Cr {3,276,000 Shares} |
Arvind and Company Shipping IPO Market Lot :
Arvind and Company Shipping IPO Minimum Market lot is 1 Lot with 3000 shares with ₹135,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹135,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹135,000 |
| Retail (Max) : | 1 | 3000 | ₹135,000 |
| S-HNI (Min) : | 2 | 6000 | ₹270,000 |
Arvind and Company Shipping IPO Net Reservation :
Arvind and Company Shipping IPO Net Reservation of 3,276,000 shares are to be bid for the public issue by Arvind and Company Shipping IPO with 1,554,000 for NII 1,554,000 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 1,554,000 | ₹6.99 Cr |
| RII : | 50% | 1,55,4000 | ₹6.99 Cr |
| MMRP : | – % | 168,000 | ₹0.76 Cr |
| Total : | 100% | 3,276,000 | ₹14.74 Cr |
Arvind and Company Shipping IPO EPS & RoNW :
The Arvind and Company Shipping 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 | ₹4.62 | 46.88% | ₹12.17 |
| 2022 | ₹1.34 | 19.39% | ₹7.55 |
| 2021 | ₹0.32 | 5.17% | ₹6.23 |
Arvind and Company Shipping IPO Peer Comparison PE :
The Arvind and Company Shipping, According to DRHP no listed company in India.
| Sr. No. | Company | PE Ratio |
| 1. | N/A | – |
Arvind and Company Shipping IPO Dates :
Arvind and Company Shipping IPO Date is 12 October 2023 and closes on 16 October 2023. The allotment will be finalized on 19 October 2023 and the IPO may list on 25 October 2023.
| Issue Open Date : | 12 October 2023 |
| Issue Close Date : | 16 October 2023 |
| Allotment Date : | 19 October 2023 |
| Refund Date : | 20 October 2023 |
| Share Credit Date : | 23 October 2023 |
| Listing Date : | 25 October 2023 |
Arvind and Company Shipping IPO Form :
There are two ways to apply in Arvind and Company Shipping IPO. You can apply for Arvind and Company Shipping IPO through ASBA available in your bank account. You have to go to your online bank login and select Arvind and Company Shipping IPO in the Invest section and apply through your bank account. Another option is you can apply Arvind and Company Shipping IPO through IPO form download through NSE and BSE. See the Arvind and Company Shipping IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Arvind and Company Shipping Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹841.10 | ₹360.53 | ₹347.12 |
| 2022 | ₹331.44 | ₹193.94 | ₹100.28 |
| 2021 | ₹52.51 | ₹39.08 | ₹23.75 |
Company Promoters :
■ Mr. Arvind Kantilal Shah
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Arvind and Company Shipping IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Arvind and Company Shipping IPO Registrar :
Skyline Financial Services Private Limited
Address: D-153A, 1st Floor,
Okhla Industrial Area PhaseI,
New Delhi – 110020, India.
Tel. Number: 011-40450193-197
Fax- 011-26812683
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.skylinerta.com
Note: Check Arvind and Company Shipping IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Arvind and Company Shipping Agencies Limited
City point 701 to 702, Fifth Floor,
Nr. Town Hall, Jamnagar- 361001,
Gujarat, India.
Telephone No.: +91 9913411144
E-Mail: [email protected]
Web site: www.arvindshipping.com
Arvind and Company Shipping IPO FAQs :
What is Arvind and Company Shipping IPO?
Arvind and Company Shipping IPO is SME IPO. They are going to raise ₹14.74 Crores via IPO. The issue is priced at ₹ 46 per equity share. The IPO to be listed on NSE, SME.
When Arvind and Company Shipping IPO will open?
The IPO is to open on 12 Oct – 16 Oct for NII & RII.
How much is Arvind and Company Shipping IPO Size?
Arvind and Company Shipping IPO size is ₹14.74 Crores.
How much is the Fresh issue size of Arvind and Company Shipping IPO?
The Fresh issue size of Arvind and Company Shipping IPO ₹14.74 Cr.
What is Arvind and Company Shipping IPO Price Band?
Arvind and Company Shipping IPO Price Band is ₹46 Per share.
What is the Arvind and Company Shipping IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹135,000 amount while the maximum bid is 3000 shares with ₹135,000.
How much is Arvind and Company Shipping IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Arvind and Company Shipping IPO Allotment Date?
Arvind and Company Shipping IPO allotment date is 19 October 2023.
When is Arvind and Company Shipping IPO Listing Date?
Arvind and Company Shipping IPO listing date is 25 October 2023. The IPO to list on NSE, SME.
How to Apply the Arvind and Company Shipping IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Arvind and Company Shipping 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 Arvind and Company Shipping IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Arvind and Company Shipping 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 Arvind and Company Shipping 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 “Arvind and Company Shipping 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 Arvind and Company Shipping 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 “Arvind and Company Shipping 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.
| Arvind and Company Shipping GMP: Click Here Arvind and Company Shipping Subscription: Click Here Arvind and Company Shipping Allotment: Click Here Arvind and Company Shipping Listing: Click Here |
All Arvind and Company Shipping IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.