The Arabian Petroleum IPO has begun on 25-September-2023. It will close on 27-September-2023. The Total IPO Size is 20.24 Crores. The company set its IPO price is 70 Rs Per Share. Basically, There are three basic categories in Arabian Petroleum IPO Subscription 1) Others 2) Retail Individual Investors (RIIs)
Arabian Petroleum is established in 2006.
Arabian Petroleum is engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc used for application in automobiles and industrial machines and appliances.
The business is categorized into two distinctive product division: (i) Automotive Lubricants – Arzol and (ii) Industrial Lubricants – SPL.
The domestic and international customers are spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors and automobile industry etc.
Check :- Upcoming SME IPO 2023
Arabian Petroleum IPO Promotors
Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta are the promoters of the company.
Arabian Petroleum IPO Date, Details & Price Band
| IPO Opening Dates | 25 September 2023 |
| IPO Closing Dates | 27 September 2023 |
| Price Band | 70 Rs |
| Fresh Issue | 20.24 crores |
| Total IPO size | 20.24 crores |
| Minimum bid (lot size) | 2000 Shares |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
Arabian Petroleum IPO Market Lot
The Arabian Petroleum IPO minimum market lot is 2000 shares With 1,40,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 2000 | 1,40,000 Rs |
| Maximum | 1 | 2000 | 1,40,000 Rs |
| S-HNI (Min) | 2 | 4000 | 2,80,000 Rs |
Arabian Petroleum IPO GMP Grey Market Premium
Arabian Petroleum IPO GMP Grey market premium has been started today. Check Latest Arabian Petroleum IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Arabian Petroleum IPO Prospectus
| DRHP | Download |
| RHP | Download |
Arabian Petroleum IPO Reviews
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Arabian Petroleum IPO Form Download
Arabian Petroleum IPO is available on NSE Website as well as on our Portal. Please click here Arabian Petroleum IPO form Download.
Arabian Petroleum IPO Allotment Date & Details (Tentative)
| Allotment Date | 04 October 2023 |
| Initiation of refunds | 05 October 2023 |
| Transfer of shares to Demat accounts | 06 October 2023 |
| Listing Date | 09 October 2023 |
Registrar of Arabian Petroleum IPO
PURVA SHAREGISTRY (INDIA) PVT. LTD.
Unit No. 9, Ground Floor, Shiv Shakti Industrial. Estate, J. R. Boricha Marg,
Lower Parel East, Mumbai-400011, Maharashtra, India.
Tel No.: 91 22 2301 8261
Fax No.: +91-022-23012517
Website: www.purvashare.com
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person: Ms. Deepali Dhuri
SEBI Regn. No.: INR000001112
Arabian Petroleum Contact Details
Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging, Ambernath (W),
Ambernath, Thane – 421505
Phone: +0251-2395601
Email: [email protected]
Website: https://www.arabianpetroleum.co.in/index.php
Arabian Petroleum IPO Lead Managers
HEM SECURITIES LIMITED
904,A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Website: www.hemsecurities.com
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person : Mrs. Roshni Lahoti
SEBI Regn. No. INM000010981