Arrowhead Seperation Engineering Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹233 - ₹233
- Lot size
- 600 shares
- Issue amount
- ₹13 cr
- Total subscription
- 94.85×
- Opens
- 16 Nov 2023
- Closes
- 20 Nov 2023
- Allotment
- 22 Nov 2023
- Listing
- 28 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 5,58,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,39,800
- Fresh issue
- ₹13 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,39,800
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 13,13,325
- Shares after issue
- 18,71,325
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,39,800 |
| HNI | 2 | 1,200 | ₹2,79,600 |
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 | 6.15 | 875.3 |
| NIB | 6.15 | 291.59 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 12.88 |
| ROE | 105 |
| ROCE | 30.94 |
| RONW | 68.75 |
| PRE IPO(PE) | 18.09 |
| POST IPO(PE) | 16.95 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in manufacturing, trading, and exporting a wide range 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, and Continuous Particulate Dryer. The company focuses on meeting customer expectations by delivering high-quality products while maintaining ethical business practices and complete transparency to build strong customer relationships. As of June 2023, the company employs 54 people and also hires industry professionals on a project basis whenever required.
Strengths
- Customized Products: Ability to develop and tailor products based on specific client requirements.
- Experienced Leadership: Led by qualified and experienced Executive Directors with strong domain expertise.
- Wide Product Range: Offers an extensive portfolio catering to diverse customer needs.
Promoters
Mr. Ajit Mundle
Ms. Jyoti Mundle
Registrar & documents
Lead manager
Aryaman Financial Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No 39, Village Mundhegaon, Tal Igatpuri, Nashik 422403
+ 91 84228 2906
[email protected]Company website ↗Understanding ARROWHEAD 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.