Arvind and Company Shipping Agency Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹45 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹14.74 cr
- Total subscription
- 379.06×
- Opens
- 12 Oct 2023
- Closes
- 16 Oct 2023
- Allotment
- 19 Oct 2023
- Listing
- 25 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 32,76,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹14.74 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 88,61,800
- Shares after issue
- 1,21,37,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,35,000 |
| HNI | 2 | 6,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 6.99 | 2,251.52 |
| NIB | 6.99 | 3,050.04 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.62 |
| ROE | 46.88 |
| ROCE | 37.44 |
| RONW | 46.88 |
| PRE IPO(PE) | 9.74 |
| POST IPO(PE) | 8.01 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in September 1987, Arvind and Company Shipping Agency is based in Jamnagar, Gujarat, and specializes in marine vessel services and ancillary equipment. The company operates various vessels, including Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Tugs, catering to multinational corporations. Expanding beyond shipping, the company has also ventured into the hospitality sector with Hotel Millennium Plaza and Hotel 999. With 15+ employees and 850+ completed projects, the company continues to grow with a strong foundation in shipping and logistics. Competitive Strengths: Experienced Promoters and Management Team Cost-efficient operations and competitive pricing Strategic location for strong vendor and customer relations
Promoters
Mr Arvind Kantilal Shah
Mr Vinit Arvind Shah
Mrs Parul Arvind Shah
Mr Chintan Arvind Shah
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
City point 701 to 702 Fifth Floor, Nr. Town Hall Jamnagar 361001
+919913411144
[email protected]Company website ↗Understanding ARVIND 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.