Arabian Petroleum Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹70 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹20.24 cr
- Total subscription
- 19.51×
- Opens
- 25 Sept 2023
- Closes
- 27 Sept 2023
- Allotment
- 4 Oct 2023
- Listing
- 9 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 28,92,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹20.24 cr
- Offer for sale
- ₹0 cr
- Registrar
- Purva Sharegistry India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 80,00,000
- Shares after issue
- 1,08,92,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 9.6 | 222.73 |
| NIB | 9.6 | 152.05 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.08 |
| ROE | 22.08 |
| ROCE | 32.47 |
| RONW | 22.08 |
| PRE IPO(PE) | 11.51 |
| POST IPO(PE) | 15.66 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2006, Arabian Petroleum Limited is engaged in manufacturing a wide range of lubricants and specialty oils used in automobiles, industrial machines, and various appliances. The company operates under two main product divisions: Arzol (Automotive Lubricants) offering engine oils, gear oils, tractor oils, and hydraulic oils for vehicles, and SPL (Industrial Lubricants) which provides solutions to improve machine performance, reduce wear, and cut energy costs. Arabian Petroleum caters to domestic as well as international customers across multiple industries such as pharmaceuticals, FMCG, chemicals, steel, rubber, power, and automobiles.
Promoters
Mr. Hemant Dalsukhrai Mehta
Mr. Manan Hemant Mehta
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Purva Sharegistry India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot 14-B, Morivali M.I.D.C., Opp. Positive Packaging, Ambernath (W), Ambernath, Thane - 421505
+0251-2395601
[email protected]Company website ↗Understanding ARABIAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.