The IPO date for Arvind and Company Shipping has been announced. The IPO will begin on October 12 and end on October 16. Arvind and Company Shipping is an NSE SME IPO that will raise 14.74 crores through the IPO. The price band for the Arvind and Company Shipping IPO is set at 45, with a market value of 3000 shares.
Arvind and Company Shipping mostly operate in the chartering industry. Our company’s chartering activities mostly include commercial barge chartering. They own a total of 5 barges as of the date of this draft prospectus, the brief details of which are provided in this chapter under the heading “Equipment & Machinery” on page 105. The company entered the chartering barge business by purchasing the barges “Arcadia Sumeru” in fiscal year 2021, “KB-26” and “KB-32” in fiscal year 2022, and “KB-28” and “Arcadia Minica” in fiscal year 2023. The company
knows the specific requirements of cargo transportation businesses. Their extensive barge chartering services provide a variety of alternatives customized to the customers unique needs. Construction businesses are the primary end users in this market, as they frequently use barges to convey heavy equipment, construction supplies, or workers to and from construction sites located near bodies of water. To help build projects, barges can convey resources such as sand, gravel, cement, steel, or machinery.
They aim to find new business opportunities that can capitalize on our promoter’s long-standing relationships in the sector. In order to build a new business vertical, the company has entered the hospitality market with “Hotel Millennium Plaza” and “Hotel 999,” both of which are located in the vicinity of Jamnagar City in Gujarat.
Arvind and Company Shipping IPO Date and Price Band Details
| IPO Open: | October 12, 2023 |
| IPO Close: | October 16, 2023 |
| IPO Size: | Approx ₹14.74 Crores, 32,76,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- Funding Capital Expenditure of our company
- General Corporate Purpose
- To meet Public Issue Expenses
Arvind and Company Shipping IPO Review
- May Apply
Arvind and Company Shipping IPO Market Lot
The Arvind and Company Shipping IPO minimum market lot is 3000 shares with a ₹135,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹135,000 |
| Retail Maximum | 1 | 3000 | ₹135,000 |
| S-HNI Minimum | 2 | 6000 | ₹270,000 |
Arvind and Company Shipping IPO Dates
The Arvind and Company Shipping IPO date is October 12, and the IPO close date is October 16. The IPO allotment date is October 19, and the IPO might list on October 25.
| IPO Open Date: | October 12, 2023 |
| IPO Close Date: | October 16, 2023 |
| Basis of Allotment: | October 19, 2023 |
| Refunds: | October 20, 2023 |
| Credit to Demat Account: | October 23, 2023 |
| IPO Listing Date: | October 25, 2023 |
Arvind and Company Shipping IPO Form
How do I apply Arvind and Company Shipping IPO? –> You can apply for Arvind and Company Shipping IPO using your bank account’s ASBA. Simply log in to your online bank account and apply for the Arvind and Company Shipping IPO in the Invest area. The other option is to apply for the Arvind and Company Shipping IPO using the IPO forms available on the NSE website. Take a look at the Arvind and Company Shipping forms.
Arvind and Company Shipping Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹0.53 | ₹0.39 | ₹0.24 |
| 2022 | ₹3.31 | ₹1.94 | ₹1.00 |
| 2023 | ₹8.41 | ₹3.61 | ₹3.47 |
Arvind and Company Shipping IPO Valuation – FY2023
Check Arvind and Company Shipping IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹4.62 per Equity Share |
| Price/Earning P/E Ratio: | 4.62 |
| Return on Net Worth (RoNW): | 46.88% |
| Net Asset Value (NAV): | ₹12.17 per Equity Share |
Peer Group
- NA
Arvind and Company Shipping IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt. Ltd
Arvind and Company Shipping IPO Registrar
Skyline Financial Services Pvt Ltd
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: http://www.skylinerta.com
Company Address
Arvind and Company Shipping Agencies Limited
City point 701 to 702, Fifth Floor,
Nr. Town Hall, Jamnagar- 361001, Gujarat, India
Phone: +919913411144
E-mail: info@arvindshipping.com
Website: https://www.arvindshipping.com
Company Promoters
- Mr. Arvind Kantilal Shah
- Mrs. Parul Arvind Shah
Arvind and Company Shipping IPO FAQs:
Q1. What is Arvind and Company Shipping IPO?
Ans. Arvind and Company Shipping IPO is an NSE SME IPO. They are going to raise ₹14.74 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on NSE.
Q2. When Arvind and Company Shipping IPO will open?
Ans. The IPO is to open on October 12, 2023 for NII, and Retail Investors.
Q3. What is Arvind and Company Shipping IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Arvind and Company Shipping IPO?
Ans. You can apply Arvind and Company Shipping IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Arvind and Company Shipping IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Arvind and Company Shipping”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Arvind and Company Shipping IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Arvind and Company Shipping IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Arvind and Company Shipping IPO Size?
Ans. Arvind and Company Shipping IPO size is ₹14.74 crores.
Q9. What is Arvind and Company Shipping IPO Price Band?
Ans. Arvind and Company Shipping IPO Price Band is ₹45 per equity share.
Q10. What is Arvind and Company Shipping IPO Allotment Date?
Ans. Arvind and Company Shipping IPO allotment date is October 19, 2023.
Q11. What is Arvind and Company Shipping IPO Listing Date?
Ans. Arvind and Company Shipping IPO listing date is October 25, 2023. The IPO to list on NSE SME.
