IPO

Arvee Laboratories (India) Limited IPO

NSE SME

Offer Date: Feb 9, 2018 - Feb 14, 2018

₹ 122000 /2000 Shares

IPO Details

09 Feb, 2018

Open Date

14 Feb, 2018

Close Date

20 Feb, 2018

Allotment Date

22 Feb, 2018

Listing Date

Issue Price

Rs 61 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

2000 Equity Shares ( Rs 1,22,000/- )

Lead Manager

Sarthi Capital Advisors Private Limited

Issue Size

14,60,000 Equity Shares of Rs 10/- each at a price of Rs 61/- per share aggregating to 8.91 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved6,92,0006,92,00013,84,000
Day 1 - 09-02-18 0 x9,66,000 1.40 x9,66,000 0.70 x
Day 2 - 12-02-18 13,20,000 1.91 x11,32,000 1.64 x24,52,000 1.77 x
Day 3 - 14-02-1815,08,000 2.18 x25,02,000 3.62 x40,10,000 2.90 x
Day 3 - -02-18N/A xN/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs 2.82

P/E Ratio

21.66

RoNW

37.00%

Net Asset Value (NAV) ( After Issue )

Rs 23.77

Company Financials All values are in ₹ Cr.

- Promoter(s)


Company Promoter(s)

  1. Mr. Shalin Sudhakarbhai Patel
  2. Mr. Shalin Bharat Chokshi

IPO - Issue Objectives

  1. Re-payment of Unsecured Loans of Promoters
  2. Issue Expenses

IPO - FAQs

Ans. Arvee Laboratories (India) Limited IPO is a SME IPO. The issue is priced at Rs 61 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Feb 9, 2018, and closes on Feb 14, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Arvee Laboratories (India) Limited IPO opens on Feb 9, 2018 and closes on Feb 14, 2018.

Ans. The size of Arvee Laboratories (India) Limited IPO is 14,60,000 Equity Shares of Rs 10/- each at a price of Rs 61/- per share aggregating to 8.91 Cr.

Ans. The IPO price band is set between Rs 61 Per Equity Share .

Ans. To apply for Arvee Laboratories (India) Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Arvee Laboratories (India) 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 Arvee Laboratories (India) Limited IPO is Feb 20, 2018.

Ans. The Arvee Laboratories (India) Limited IPO will be listed on Feb 22, 2018.

Ans. Follow the steps to check the allotment status for Arvee Laboratories (India) Limited IPO here.