Arabian Petroleum Ltd
Price Range
₹70
Min. Quantity
2,000
Closes on
27 September 2023
Min. investment
₹1,40,000/2,000 Shares
Arabian Petroleum Ltd IPO Timeline
Arabian Petroleum Limited was originally incorporated as 'Arabian Petroleum Private Limited' dated March 20, 2009 by Registrar of Companies, Mumbai. Subsequently, Company got converted into a Public Company on November 11, 2011 and consequently, name was changed to 'Arabian Petroleum Limited' vide fresh Certificate of Incorporation on December 16, 2011.
| Event | Date |
|---|---|
| Arabian Petroleum Ltd IPO Opening Date | 25 September 2023 |
| Arabian Petroleum Ltd IPO Closing Date | 27 September 2023 |
| Basis of Allotment | 4 October 2023 |
| Initiation of Refunds | 5 October 2023 |
| Credit of Shares to Demat | 6 October 2023 |
| Arabian Petroleum Ltd IPO Listing Date | 9 October 2023 |
Arabian Petroleum Ltd IPO Details
| Arabian Petroleum Ltd IPO Date | 25 September 2023 to 27 September 2023 |
| Arabian Petroleum Ltd IPO Face Value | ₹10 per share |
| Arabian Petroleum Ltd IPO Price | ₹70 to ₹0 per share |
| Arabian Petroleum Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹20.24 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹20.24 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Hemant Dalsukhrai Mehta, Manan Hemant Mehta |
Arabian Petroleum Ltd IPO Lot Size
The Arabian Petroleum Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,40,000 |
| Maximum | 1 | 2,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- One Stop Shop for All Lubricants.
- Research and development capabilities allowing product innovation and customization.
- Long Standing Relationship with its customers.
- Quality Assurance and Standards.
- Experienced and Qualified Management and Employee base.
Company Financials
Arabian Petroleum Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 99.06 | 262.76 | 6.80 |
| 03-2023 | 76.51 | 243.95 | 4.72 |
| 03-2022 | 71.35 | 191.59 | 4.14 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate purposes
Arabian Petroleum Ltd IPO Promoter Holding
| Pre Issue Share Holding | 22.83% |
| Post Issue Share Holding | 16.77% |
Arabian Petroleum Ltd IPO Subscription Status (Bidding Detail)
The Arabian Petroleum Ltd IPO is subscribed 18.5131 times on 27 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 18.5131 |
Arabian Petroleum Ltd IPO Prospectus
Arabian Petroleum Ltd IPO Listing Date
| Listing Date | 9 October 2023 |
| BSE Script | 77164 |
| NSE Symbol | ARABIAN |
| Listing In | NSE - SME |
| ISIN | INE08NJ01024 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
Plot 14-B Morivali MIDCAmbernath (W) Ambernath,Thane-421505
Phone: 91-0251-2395601
Email: cs@arabianpetroleum.co.in
Website: https://www.arabianpetroleum.co.in
Arabian Petroleum Ltd IPO Registrar
Arabian Petroleum Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Arabian Petroleum Ltd IPO?
I have pre-applied for Arabian Petroleum Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.