Arvind & Company Shipping Agencies Ltd
Price Range
₹45
-
Min. Quantity
3,000
Closes on
16 October 2023
-
Min. investment
₹1,35,000/3,000 Shares
Arvind & Company Shipping Agencies Ltd IPO Timeline
Arvind & Co Shipping Agencies Limited was originally incorporated as 'Arvind and Company Shipping Agencies Private Limited' as a Private Limited Company vide Certificate of Incorporation dated September 01, 1987, issued by the Registrar of Companies, Gujarat. Subsequently, Company was converted to public limited company and consequently, the name of Company was changed to 'Arvind and Company Shipping Agencies Limited' through a fresh Certificate of Incorporation dated April 10, 2023 in Ahmedabad.
| Event | Date |
|---|---|
| Arvind & Company Shipping Agencies Ltd IPO Opening Date | 12 October 2023 |
| Arvind & Company Shipping Agencies Ltd IPO Closing Date | 16 October 2023 |
| Basis of Allotment | 19 October 2023 |
| Initiation of Refunds | 20 October 2023 |
| Credit of Shares to Demat | 23 October 2023 |
| Arvind & Company Shipping Agencies Ltd IPO Listing Date | 25 October 2023 |
Arvind & Company Shipping Agencies Ltd IPO Details
| Arvind & Company Shipping Agencies Ltd IPO Date | 12 October 2023 to 16 October 2023 |
| Arvind & Company Shipping Agencies Ltd IPO Face Value | ₹10 per share |
| Arvind & Company Shipping Agencies Ltd IPO Price | ₹45 to ₹0 per share |
| Arvind & Company Shipping Agencies Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹14.74 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹14.74 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 | Arvind Kantilal Shah, Parul Arvind Shah, Vinit Arvind Shah |
Arvind & Company Shipping Agencies Ltd IPO Lot Size
The Arvind & Company Shipping Agencies Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,35,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,35,000 |
| Maximum | 1 | 3,000 | ₹1,35,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Competitive cost structure and efficient operations.
- Location of its facilities promotes closer association with its vendors and customers.
Company Financials
Arvind & Company Shipping Agencies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 44.79 | 14.15 | 5.27 |
| 03-2023 | 33.87 | 8.41 | 3.74 |
| 03-2022 | 18.61 | 3.31 | 1.00 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure of the company
- General corporate purposes
Arvind & Company Shipping Agencies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 69.49% |
| Post Issue Share Holding | 50.74% |
Arvind & Company Shipping Agencies Ltd IPO Subscription Status (Bidding Detail)
The Arvind & Company Shipping Agencies Ltd IPO is subscribed 359.6227 times on 16 October 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) | - | - | - | - | 359.6227 |
Arvind & Company Shipping Agencies Ltd IPO Prospectus
Arvind & Company Shipping Agencies Ltd IPO Listing Date
| BSE Script | 65195 |
| NSE Symbol | ARVINDPORT |
| Listing In | NSE - SME |
| ISIN | INE0P4T01013 |
| IPO Price | ₹45 |
| Face Value | ₹10 |
Company Contact Information
City Point 701-702 5th FloorNr.Town Hall,Jamnagar-361001
Phone: +91 99134 11144
Email: info@arvindshipping.com
Website: www.arvindshipping.com
Arvind & Company Shipping Agencies Ltd IPO Registrar
Arvind & Company Shipping Agencies Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Arvind & Company Shipping Agencies Ltd IPO?
I have pre-applied for Arvind & Company Shipping Agencies 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.