Arvind & Company Shipping Agencies Ltd IPO
Price Range
₹45
-
Min. Quantity
3,000 Shares
Closes on
October 16, 2023
-
Min. investment
₹1,35,000
Arvind & Company Shipping Agencies Ltd IPO Timeline
| Event | Date |
|---|---|
| Arvind & Company Shipping Agencies Ltd IPO Opening Date | October 12, 2023 |
| Arvind & Company Shipping Agencies Ltd IPO Closing Date | October 16, 2023 |
| Basis of Allotment | October 19, 2023 |
| Initiation of Refunds | October 20, 2023 |
| Credit of Shares to Demat | October 23, 2023 |
| Arvind & Company Shipping Agencies Ltd IPO Listing Date | October 25, 2023 |
Arvind & Company Shipping Agencies Ltd IPO Details
| Arvind & Company Shipping Agencies Ltd IPO Date | October 12, 2023 to October 16, 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 |
|---|---|---|---|
| 03-2025 | 84.5 | 17.9 | 7.09 |
| 03-2024 | 44.79 | 14.15 | 5.27 |
| 03-2023 | 33.87 | 8.41 | 3.74 |
| 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 October 16, 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 | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0P4T01013 |
| IPO Price | ₹- |
| Face Value | ₹- |
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
How to Check the Allotment Status of Arvind & Company Shipping Agencies Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Arvind & Company Shipping Agencies Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Arvind & Company Shipping Agencies Ltd IPO
Arvind Port & Infra Limited was originally incorporated as 'Arvind and Company Shipping Agencies Private Limited' as a Private Company vide Certificate of Incorporation dated September 01, 1987, with Registrar of Companies, Gujarat. Subsequently, Company was converted to Public limited company and the name of the Company was changed to 'Arvind and Company Shipping Agencies Limited' through a fresh Certificate of Incorporation dated April 10, 2023. The Company further altered a change of name to 'Arvind Port & Infra Limited' with due approval from the Registrar of Companies, Ahmedabad by issuing a new Certificate of Incorporation on November 8, 2024.
