Arvind and Company Shipping Agency Limited IPO

NSE SME

Listed On: Oct 25, 2023 at ₹ 80.0

₹ 135000 /3000 Shares

Check Allotment

Arvind and Company Shipping Agency Limited IPO Details

12 Oct, 2023

Open Date

16 Oct, 2023

Close Date

19 Oct, 2023

Allotment Date

25 Oct, 2023

Listing Date

Issue Price

₹45 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

80.0

Listing Date

2023-10-25

Market Lot

3000 Shares (₹135,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

3,276,000 shares(aggregating up to ₹14.74 Cr)

Retail Portion

50%

Subscription

379.06 times

IPO Docs

DRHP RHP

Arvind and Company Shipping Agency Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,554,000	1,554,000	3,108,000
Day 1 - 12-10-23 06:00 PM	11.77 x	21.40 x	18.59 x
Day 2 - 13-10-23 06:00 PM	19.15 x	59.48 x	41.33 x
Day 3 - 16-10-23 06:00 PM	436.16 x	321.97 x	379.06 x

Arvind and Company Shipping Agency Limited Valuations

Earnings Per Share (EPS)

₹4.62/-

P/E Ratio

9.74

RoNW

46.88%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Arvind and Company Shipping Agency Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	3,381.18	1,860.94	578.46
Revenue	841.10	331.44	52.51
Profit After Tax	347.12	100.28	23.75

About The Company

Arvind and Company Shipping Agency is situated in Jamnagar, Gujrat. The company is in the business of carrying and forwarding agents. The company operates in vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges and tugs for Cargo. The company mainly provides services related to Marine Vessels and Ancillary equipment and supplies equipment to multinational corporations.

The company has also expanded its business horizon by entering into the hospitality business with Hotel Millennium Plaza and Hotel 999.

Arvind and Company Shipping Agency Limited has 15+ employees and has completed 850+ projects.

Competitive Strength:
1. Experienced Promoters and Management Team.
2. Competitive cost structure and efficient operations.
3. Location of the facilities promotes closer association with the vendors and customers.

Arvind and Company Shipping Agency Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73%

Company Promoter(s)

Mr Arvind Kantilal Shah
Mr Vinit Arvind Shah
Mrs Parul Arvind Shah
Mr Chintan Arvind Shah

Arvind and Company Shipping Agency Limited IPO - Issue Objectives

Funding Capital Expenditure of the Company
General Corporate Purpose
To meet Public Issue Expenses

Arvind and Company Shipping Agency Limited IPO - FAQs

Ans. Arvind and Company Shipping Agency Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Oct 12, 2023, and closes on Oct 16, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Arvind and Company Shipping Agency Limited IPO opens on Oct 12, 2023 and closes on Oct 16, 2023.

Ans. The size of Arvind and Company Shipping Agency Limited IPO is 3,276,000 shares(aggregating up to ₹14.74 Cr).

Ans. The IPO price band is set between ₹45 per equity share.

Ans. To apply for Arvind and Company Shipping Agency Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Arvind and Company Shipping Agency 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 Arvind and Company Shipping Agency Limited IPO is Oct 19, 2023.

Ans. The Arvind and Company Shipping Agency Limited IPO will be listed on Oct 25, 2023.

Ans. Follow the steps to check the allotment status for Arvind and Company Shipping Agency Limited IPO here.