BAJAJ BROKING

Notification
No new Notification messages
Ajax Engineering IPO is Open!
Apply for the Ajax Engineering IPO through UPI in just minutes.
Q3 FY'25 Results of Top Companies!
From Reliance Industries to TCS to HDFC Bank, check out the latest quarterly results with financial highlights, key performance metrics, and more!
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Arvind & Company Shipping Agencies Ltd

Shipping

Offer Period :

12th to 16th Oct 2023

Arvind & Company Shipping Agencies Ltd IPO Details

IPO Date 12th to 16th Oct 2023 Minimum Investment ₹135000 / 1 Lots
Listing Date 2023-10-25 Maximum Investment ₹135000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹14.74 Crores
Price ₹45 to ₹45 per share Fresh Issue ₹14.74 Crores
Lot Size 1 Lots (3000 Shares) Offer For Sale ₹ [-]
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 8861800 Shares
Issue Type Fixed Price - SME Shareholding Post Issue 12137800 Shares
IPO Date 12th to 16th Oct 2023
Listing Date 2023-10-25
Face Value ₹10 per share
Price ₹45 to ₹45 per share
Lot Size 1 Lots (3000 Shares)
Listing At NSE-SME
Total Issue Size ₹14.74 Crores
Employee Discount ₹0 per share
Issue Type Fixed Price - SME
Minimum Investment ₹135000 / 1 Lots
Maximum Investment ₹135000 / 1 Lots
Fresh Issue ₹14.74 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 8861800 Shares
Shareholding Post Issue 12137800 Shares

About Arvind & Company Shipping Agencies Ltd IPO

Founding Head: 1987

Managing Director: Arvind K Shah

Arvind and Company Shipping Agencies Limited Timeline

Important dates for allocation and IPO listing.

12th Oct

IPO Opens

16th Oct

IPO Close

19th Oct

Allotment Date

20th Oct

Initiation of Refund

23rd Oct

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 99.66 72.76
Public Group 0.34 27.24

Arvind & Company Shipping Agencies Ltd IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 1554000(47.44%)
Retail Shares Offered 1554000(47.44%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 3276000
Total Shares With Anchor Investor 3276000

Arvind & Company Shipping Agencies Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 ₹0
Retail (Max) 0 0 ₹0
S HNI (Min) 1 3000 ₹0
S HNI (Max) 0 0 ₹0
B HNI (MIN) 1 3000 ₹0

Arvind & Company Shipping Agencies Ltd IPO Anchor Investor Details

Bid Date
Shares Offered
Anchor Portion Size

Arvind & Company Shipping Agencies Ltd IPO Registrar

Skyline Financial Services Pvt
Phone Number 011-40450193-197
Email Id Ipo@skylinerta.com
Our Website www.skylinerta.com

Arvind & Company Shipping Agencies Ltd IPO Lead Manager

1. Beeline Capital Advisors Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Arvind & Company Shipping Agencies Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31, 2022
Net Worth ₹27.85 ₹9.15 ₹5.67
Reserves and Surplus ₹15.71 ₹9.14 ₹5.66
Total Borrowing ₹11.72 ₹22.32 ₹12.21

Arvind & Company Shipping Agencies Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 0 0 0
Non Institutional Investors (NIIs) 0 659067000 0
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 0 0 0
Retail Individual Investors (RIIs) 0 500337000 0
Total 0 1178124000 359.6227

Strength of Arvind & Company Shipping Agencies Ltd

1. Experienced Promoters and Management Team.

2. Competitive cost structure and efficient operations.

3. Location of its facilities promotes closer association with its vendors and customers.

Risks Involved

1. The company revenues are highly dependent on its operations in the geographical region of state of Gujarat. Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.

2. Its revenue and profits are largely dependent on chartering of barges.

3. The company's top 5 customers contribute a significant portion of its revenue from operations.

4. The company is involved in certain legal proceedings which are pending at different levels of adjudication before various courts, tribunals, enquiry officers, and appellate authorities.

5. The Company has in the past has made certain inadvertent erroneous filings under Companies Act, 1956 and Companies Act, 2013. Further, there have also been instances where the Company has inadvertently filed incorrect information with the RoC in its statutory filings.

6. Some of its corporate records, including forms filed with the Registrar of Companies are not traceable. The company cannot assure you that these forms of filings will be available in the future or that its will not be subject to any penalties imposed by the relevant regulatory authority in this respect.

7. The company does not own registered Office and one of its hotel viz. Hotel 999 is used by it.

8. The Company operates under several statutory and regulatory permits, licenses and approvals. Its failure to obtain and/or renew any approvals or licenses in future may have an adverse impact on its business operations.

9. The company have incurred substantial indebtedness which exposes it to various risks which may have an adverse effect on its business and the results of operations.

10. The Company has availed unsecured loans which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect its cash flows.

Why should you invest in

-

Arvind & Company Shipping Agencies Ltd Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Arvind and Company Shipping Agencies Limited IPO Contact Details

Arvind and Company Shipping Agencies Limited
Phone Number +91 99134 11144
Email Id info@arvindshipping.com
Address City Point 701-702 5th Floor, Nr.Town Hall, Jamnagar, Gujarat, 361001
Our Website www.arvindshipping.com

Arvind & Company Shipping Agencies Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-10-25 65195 ARVINDPORT
INE0P4T01013
₹45 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹45 ₹45
Open ₹0 ₹80
Low ₹0 ₹76
High ₹0 ₹84
Low ₹0 ₹76

Frequently Asked Questions

What is Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

Arvind & Company Shipping Agencies Ltd IPO is a SME IPO of 32,76,000 equity shares of a face value of ₹10 aggregating up to ₹14.74 Crores. The issue is priced at ₹45 to ₹45 per share. The minimum order quantity is 3000 Shares. The IPO opens on October 12, 2023, and closes on October 16, 2023. Skyline Financial Services Pvt is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Arvind & Company Shipping Agencies Ltd IPO will open?

Answer Field

The Arvind & Company Shipping Agencies Ltd IPO opens on October 12, 2023 and closes on October 16, 2023.

What is the lot size of Arvind & Company Shipping Agencies Ltd?

Answer Field

Arvind & Company Shipping Agencies Ltd lot size is 3000 shares, and the minimum amount required is ₹1,35,000.

How to apply for Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

You can apply in Arvind & Company Shipping Agencies Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Arvind & Company Shipping Agencies Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Arvind & Company Shipping Agencies Ltd IPO will be done on October 19, 2023, and the allotted shares will be credited to your demat account by October 23, 2023.

When is Arvind & Company Shipping Agencies Ltd IPO listing date?

Answer Field

The Arvind & Company Shipping Agencies Ltd listing date is October 25, 2023.

Who is the registrar of Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

The registrar of Arvind & Company Shipping Agencies Ltd IPO is Skyline Financial Services Pvt

Which company is the book-running lead manager of the IPO?

Answer Field

Beeline Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

The fresh issue size is ₹14.74 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Arvind & Company Shipping Agencies Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 3000 shares and ₹1,35,000 amount.

How can I approve the UPI mandate request for Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

To apply for Arvind & Company Shipping Agencies Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Arvind & Company Shipping Agencies Ltd?

Answer Field

The price of each Arvind & Company Shipping Agencies Ltd share will be ranging in between ₹45 to ₹45 per share.

What is the cut-off time for the UPI mandate for Arvind & Company Shipping Agencies Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, October 16, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • AMWILL HEALTH CARE LIMITEDSME IPO

  • Bidding Dates

    5th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹105.0 - 111.0

  • IPO Size

    ₹59,98,00,000

  • Apply Now
  • KEN ENTERPRISES LIMITEDSME IPO

  • Bidding Dates

    5th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹94.0 - 94.0

  • IPO Size

    ₹83,65,00,000

  • Apply Now
  • SOLARIUM GREEN ENERGY LIMITEDSME IPO

  • Bidding Dates

    6th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹181.0 - 191.0

  • IPO Size

    ₹1,05,04,00,000

  • Apply Now
  • ELEGANZ INTERIORS LIMITEDSME IPO

  • Bidding Dates

    7th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹123.0 - 130.0

  • IPO Size

    ₹78,07,00,000

  • Apply Now
  • AJAX ENGINEERING LIMITEDMainboard IPO Early Access

  • Bidding Dates

    10th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹599.0 - 629.0

  • IPO Size

    ₹12,69,35,00,000

  • Apply Now
  • CHANDAN HEALTHCARE LIMITEDSME IPO Early Access

  • Bidding Dates

    10th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹151.0 - 159.0

  • IPO Size

    ₹1,07,36,00,000

  • Apply Now
  • P S RAJ STEELS LIMITEDSME IPO Early Access

  • Bidding Dates

    12th Feb 2025 - 2nd Feb 2025

  • Price Range

    ₹132.0 - 140.0

  • IPO Size

    ₹28,28,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • CLN ENERGY LIMITEDSME IPO

  • Issue Price

    250.00

  • Listing Day Close

    254.15

  • Listing Day (Gain/Loss)

    1.60

  • KABRA JEWELS LIMITEDSME IPO

  • Issue Price

    128.00

  • Listing Day Close

    255.35

  • Listing Day (Gain/Loss)

    99.22

  • LAXMI DENTAL LIMITEDMainboard IPO

  • Issue Price

    428.00

  • Listing Day Close

    550.65

  • Listing Day (Gain/Loss)

    28.74

  • CAPITAL INFRA TRUSTMainboard IPO

  • Issue Price

    99.00

  • Listing Day Close

    99.01

  • Listing Day (Gain/Loss)

    0.00

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9 Lacs+ Users

icon-with-text

4.1+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5100+ Cr MTF Book

icon-with-text