Arabian Petroleum Limited IPO
NSE SMEListed On: Oct 9, 2023 at ₹ 77.4
₹ 140000 /2000 Shares
Check AllotmentArabian Petroleum Limited IPO Details
25 Sep, 2023
Open Date27 Sep, 2023
Close Date04 Oct, 2023
Allotment Date09 Oct, 2023
Listing DateIssue Price
₹70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdList Price
77.4Listing Date
2023-10-09Market Lot
2000 Shares (₹140,000/-)Lead Manager
Hem Securities LimitedIssue Size
2,892,000 shares(aggregating up to ₹20.24 Cr)Retail Portion
50%Subscription
19.51 timesArabian Petroleum Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,372,000 | 1,372,000 | 27,44,000 |
| Day 1 - 25-09-23 06:00 PM | 2.10 x | 0.76 x | 1.88 x |
| Day 2 - 26-09-23 06:00 PM | 2.74 x | 4.56 x | 4.10 x |
| Day 3 - 27-09-23 05:00 PM | 14.82 x | 23.19 x | 19.51 x |
Arabian Petroleum Limited Valuations
Earnings Per Share (EPS)
₹6.08/-P/E Ratio
11.51RoNW
22.08%Net Asset Value (NAV) - Post Issue
₹N/A/-Arabian Petroleum Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,650.88 | 7,134.94 | 5,031.88 |
| Revenue | 24,394.68 | 19,159.10 | 11,024.54 |
| Profit After Tax | 486.48 | 414.34 | 287.54 |
About The Company
Arabian Petroleum Limited manufactures a wide range of Lubricants including Specialty Oils, Coolants, etc. used for application in automobiles and industrial machines and appliances.
The company has two product divisions:
1. Automotive Lubricants - Arzol: This includes Two Wheeler Four Stroke Engine Oils, Passenger Car Motor Oils, Diesel Engine Oils, Gear and transmission Oils, Universal Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.
2. Industrial Lubricants - SPL: SPL brand of Industrial Lubricants provides products that improve productivity, reduce mechanical wear, prevent system failure, and reduce energy costs, by extending the efficiency and performance of machines.
Arabian Petroleum's clientele comes from domestic and international markets spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors, and automobile industry, etc.
Arabian Petroleum Limited - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
- Mr. Hemant Dalsukhrai Mehta
- Mr. Manan Hemant Mehta
Arabian Petroleum Limited IPO - Issue Objectives
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses.
Arabian Petroleum Limited IPO - FAQs
Ans. Arabian Petroleum Limited IPO is a SME IPO. The issue is priced at ₹70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 25, 2023, and closes on Sep 27, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Arabian Petroleum Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.
Ans. The size of Arabian Petroleum Limited IPO is 2,892,000 shares(aggregating up to ₹20.24 Cr).
Ans. The IPO price band is set between ₹70 per equity share.
Ans. To apply for Arabian Petroleum Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arabian Petroleum Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Arabian Petroleum Limited IPO is Oct 4, 2023.
Ans. The Arabian Petroleum Limited IPO will be listed on Oct 9, 2023.
Ans. Follow the steps to check the allotment status for Arabian Petroleum Limited IPO here.
