IPO

Arrowhead Seperation Engineering Limited IPO

BSE SME

Listed On: Nov 28, 2023 at ₹ 250.0

₹ 139800 /600 Shares

Check Allotment

Arrowhead Seperation Engineering Limited IPO Details

16 Nov, 2023

Open Date

20 Nov, 2023

Close Date

22 Nov, 2023

Allotment Date

28 Nov, 2023

Listing Date

Issue Price

₹233 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

250.0

Listing Date

2023-11-28

Market Lot

600 Shares (₹139,800/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

558,000 shares(aggregating up to ₹13.00 Cr)

Retail Portion

50%

Subscription

94.85 times

IPO Docs

DRHP

Arrowhead Seperation Engineering Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,64,0002,64,0005,28,000
Day 1 - 16-11-23 06:00 PM2.63 x18.97 x10.80 x
Day 2 - 17-11-23 06:00 PM7.85 x54.61 x31.44 x
Day 3 - 20-11-23 06:00 PM47.40 x142.30 x94.85 x

Arrowhead Seperation Engineering Limited Valuations

Earnings Per Share (EPS)

₹12.88/-

P/E Ratio

18.09

RoNW

68.75%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Arrowhead Seperation Engineering Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets2,070.531,832.231,567.43
Revenue2,171.571,091.73916.63
Profit After Tax169.189.17-179.19

About The Company

Arrowhead Seperation Engineering Limited is engaged in the manufacturing, trading and exporting of various types of dryers such as Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, etc. The company's focus is to meet the expectations of the customers by providing them with high-quality products that meet their satisfaction. Additionally, the company follows ethical business practices and maintains complete transparency in all transactions to build and maintain strong relationships with the customers.

As of June 2023, the company employs 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.

Read More

Arrowhead Seperation Engineering Limited - Promoter(s)

Pre Issue Share Holding: 50%

Post Issue Share Holding: 35.09%

Company Promoter(s)

  1. Ajit Mundle
  2. Jyoti Mundle

Arrowhead Seperation Engineering Limited IPO - Issue Objectives

  1. Repayment of Loan from NBFC's
  2. Funding Working capital requirements
  3. General Corporate Purpose
  4. Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchange including enhancing visibility and the brand image among the existing and potential customers and creating a public market for the Equity Shares in India.

Arrowhead Seperation Engineering Limited IPO - FAQs

Ans. Arrowhead Seperation Engineering Limited IPO is a SME IPO. The issue is priced at ₹233 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Nov 16, 2023, and closes on Nov 20, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Arrowhead Seperation Engineering Limited IPO opens on Nov 16, 2023 and closes on Nov 20, 2023.

Ans. The size of Arrowhead Seperation Engineering Limited IPO is 558,000 shares(aggregating up to ₹13.00 Cr).

Ans. The IPO price band is set between ₹233 per equity share.

Ans. To apply for Arrowhead Seperation Engineering Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Arrowhead Seperation Engineering 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 Arrowhead Seperation Engineering Limited IPO is Nov 22, 2023.

Ans. The Arrowhead Seperation Engineering Limited IPO will be listed on Nov 28, 2023.

Ans. Follow the steps to check the allotment status for Arrowhead Seperation Engineering Limited IPO here.