The Arvind and Company Shipping Agencies IPO has begun on 12-October-2023. It will close on 16-October-2023. The Total IPO Size is 14.74 Crores. The company set its IPO price is 45 Rs Per Share. Basically, There are two basic categories in Arvind and Company Shipping Agencies IPO Subscription 1) Others 2) Retail Individual Investors (RIIs)
Arvind and Company Shipping Agencies is established in 1987.
Arvind and Company Shipping Agencies is primarily engaged in chartering business. Chartering activities of our company mainly include chartering of Barge for commercial purposes.
The company ventured into chartering barges by purchasing barge “Arcadia Sumeru” in FY 2021, “KB-26” and “KB-32” in FY 2022, “KB-28” and “Arcadia Minica” in FY 2023.
They derive their revenue majorly from 2 business verticals, as follows:
a) Chartering of Barges
b) Hotel and Hospitality
Check :- Upcoming SME IPO 2023
Arvind and Company Shipping Agencies IPO Promotor Holding
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Mr. Arvind Kantilal Shah | 61,58,200 | 1.46 |
| Mrs. Parul Arvind Shah | 4,50,600 | 1.17 |
| Total – A | 66,08,800(74.58%) | |
| Promoters’ Group (Total – B) | 22,53,000 | 25.42 |
| Total Shareholding Pre issue (A+B) | 88,61,800 | 100 |
Arvind and Company Shipping Agencies IPO Date, Details & Price Band
| IPO Opening Dates | 12-October-2023 |
| IPO Closing Dates | 16-October-2023 |
| Price Band | 45 Rs |
| Fresh issue | 14.74 Crore ( 3,276,000 Shares ) |
| Total IPO size | 14.74 Crore ( 3,276,000 Shares ) |
| Minimum bid (lot size) | 3,000 Shares |
| Face Value | 10 INR Per Share |
| Other | 50% |
| Retail | 50% |
| Listing On | NSE SME |
Arvind and Company Shipping Agencies IPO Market Lot
The Arvind and Company Shipping Agencies IPO minimum market lot is 3,000 shares With 1,35,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 3,000 | 1,35,000 Rs |
| Maximum | 1 | 3,000 | 1,35,000 Rs |
| S-HNI (Min) | 2 | 6,000 | 1,70,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 578.46 | 52.51 | 23.75 |
| 31-Mar-22 | 1,860.94 | 331.44 | 100.28 |
| 31-Mar-23 | 3,381.18 | 841.10 | 347.12 |
Arvind and Company Shipping Agencies IPO GMP Grey Market Premium
Arvind and Company Shipping Agencies IPO GMP Grey market premium has been started today. Check Latest Arvind and Company Shipping Agencies IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Arvind and Company Shipping Agencies IPO Prospectus
| DRHP | Download |
| RHP | Download |
Arvind and Company Shipping Agencies IPO Reviews
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Arvind and Company Shipping Agencies IPO Form Download
Arvind and Company Shipping Agencies IPO is available on NSE Website as well as on our Portal. Please click here Arvind and Company Shipping Agencies IPO form Download.
Arvind and Company Shipping Agencies IPO Allotment Date & Details
| Allotment Date | 19-October-2023 |
| Initiation of refunds | 20-October-2023 |
| Transfer of shares to Demat accounts | 23-October-2023 |
| Listing Date | 25-October-2023 |
| Check Allotment Status | Click here |
Registrar of Arvind and Company Shipping Agencies IPO
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
SEBI Registration Number: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I,
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
Contact Person: Mr. Anuj Rana
CIN: U74899DL1995PTC071324
Arvind and Company Shipping Agencies Contact Details
Arvind and Company Shipping Agencies Limited
City point 701 to 702
Fifth Floor, Nr. Town Hall
Jamnagar 361001
Phone: +919913411144
Email: [email protected]
Website: https://www.arvindshipping.com/
Arvind and Company Shipping Agencies IPO Lead Managers
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
SEBI Registration Number: INM000012917
Address: Shilp Corporate Park, B Block, 13th Floor, B-1311-1314, Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway, Ahmedabad, Gujarat- 380054.
Telephone Number: 079 4918 5784
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322