Arrowhead Seperation Engineering IPO Details ( Arrowhead Seperation Engineering Limited IPO Review )
(16 Nov 2023 – 20 Nov 2023)
Arrowhead Separation Engineering Limited started in 1991. We make, trade, and export different types of dryers like Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, and more.
Our main goal is to make sure our customers are happy by giving them top-quality products. We believe in doing business the right way, with honesty and transparency in all our transactions. This helps us build strong relationships with our customers.
As of June 2023, we have 54 employees. We also bring in industry professionals for specific projects when needed.
Arrowhead Seperation Engineering Limited Company Product
- Single drum dryer
- Atmospheric single drum dryer
- Industrial applicator roller
- Totally enclosed single drum dryer
- Vacuum single drum dryer
➢ Double drum dryer - Atmospheric double drum dryer
- Double cone vacuum dryer
- Totally enclosed double drum dryer
- Vacuum double drum dryer
- Rotary vacuum dryer
➢ Rotary Dryers - Rotary cascade dryers
- Rotary Louvre dryers
- Rotary tube bundle dryers
➢ Paddle Dryers
➢ Continuous Particulate Dryers
➢ Belt Dryers
➢ Air Impingement Dryer
➢ Calcination System
➢ Flaker System
➢ Zero liquid discharge system (ZLD)
Arrowhead Seperation Engineering Limited IPO Competitive Strength
- Customized Product for each Client
- Qualified and experienced Executive Directors
- Relationship with Customers & Suppliers
- Wide range of products
Arrowhead Seperation Engineering IPO Financials Performance ( Results )
Arrowhead Seperation Engineering Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 1,567.43 | 916.63 | -179.19 | -13.64 | 68.09 | 8.42 | -12.73 | 600.59 |
| 31-Mar-22 | 1,832.23 | 1,091.73 | 9.17 | 0.70 | 77.26 | 9.56 | -3.56 | 699.45 |
| 31-Mar-23 | 2,070.53 | 2,171.57 | 169.18 | 12.88 | 246.07 | 18.74 | 114.74 | 812.67 |
| 30-Jun-23 | 2,180.62 | 881.71 | 64.34 | 4.90 | 310.41 | 23.64 | 179.08 | 896.02 |
Objective of Arrowhead Seperation Engineering IPO Issue
- Repayment of Loan from NBFC’s
- Funding Working capital requirements
- General Corporate Purpose
Arrowhead Seperation Engineering IPO Basic Details
| IPO Date | Nov 16, 2023 to Nov 20, 2023 |
| Listing Date | Wednesday, November 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹233 per share |
| Lot Size | 600 Shares |
| Issue Size | 558,000 shares of ₹10 (aggregating up to ₹13.00 Cr) |
| Fresh Issue | 558,000 shares of ₹10 (aggregating up to ₹13.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,313,325 |
| Share holding post issue | 1,871,325 |
| Company Promoters | Ajit Mundle and Jyoti Mundle |
Arrowhead Seperation Engineering IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Arrowhead Seperation IPO Timetable
Arrowhead Seperation IPO will open on November 16, 2023 and close on November 20, 2023. You can join Arrowhead Seperation IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 16 November 2023 (Thursday) |
| Closing Date | 20 November 2023 (Monday) |
| Basis of Allotment | 23 November 2023 (Thursday) |
| Initiation of Refunds | 24 November 2023 (Friday) |
| Credit of Shares to Demat | 28 November 2023 (Tuesday) |
| Listing Date | 29 November 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 20 November 2023 |
Arrowhead IPO Lot Size
For retail investors in Arrowhead IPO, 600 shares will come in 1 lot or the minimum investment will be ₹139,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹139,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 600 | ₹139,800 |
| Retail (Max) | 1 | 600 | ₹139,800 |
| S-HNI (Min) | 2 | 1200 | ₹279,600 |
Arrowhead Seperation Engineering IPO Promoter Holding
The company’s promoters include Ajit Mundle and Jyoti Mundle.
| Pre Issue Share Holding | 50.00% |
| Post Issue Share Holding | 35.09% |
Arrowhead Seperation Engineering Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 43.60 |
| Earning Per Share (EPS) | ₹12.88 per Equity Share |
| Net Asset Value (NAV) | ₹23.64 per Equity Share |
| P/E Ratio (P/E) (x) | 18.09 |
| Post P/E Ratio (P/E) (x) | 16.95 |
| Return on Net Worth (RoNW) (%) | 68.75 |
| Return on equity (ROE) (%) | 105 |
| Return on Capital Employed (ROCE) (%) | 30.94 |
| Debt/Equity Ratio | 3.3 |
Arrowhead Seperation Engineering Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Arrowhead Seperation Engineering Limited | Consolidated | 233.00 | 10.00 | 12.88 | 18.09 | 68.75 | 18.74 |
| Peer Group | |||||||
| Kilburn Engineering Ltd | Consolidated | 228.45 | 10.00 | 8.66 | 26.38 | 26.76 | 29.46 |
| Praj Industries Ltd | Consolidated | 535.55 | 2.00 | 13.05 | 17.92 | 22.09 | 58.68 |
Arrowhead Seperation Engineering IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹25 | – | – |
| 20 November 2023 | ₹25 | – | – |
| 19 November 2023 | ₹25 | – | – |
| 18 November 2023 | ₹20 | – | – |
| 17 November 2023 | ₹20 | – | – |
| 16 November 2023 | ₹0 | – | – |
Arrowhead Seperation Engineering IPO Detail Video:
Arrowhead Seperation Engineering IPO Subscription Status (Bidding Detail)
The Arrowhead Seperation Engineering IPO on November 20, 2023 at 7:30:00 PM was subscribed 94.79 times, with the retail category being subscribed 142.30 times, the other category being subscribed 46.02 times.
| Category | Subscription |
| Other | 46.02x |
| Retail | 142.30x |
| Total | 94.79x |
Arrowhead Seperation Engineering IPO Prospectus
| Arrowhead Seperation Engineering IPO DRHP | Download |
| Arrowhead Seperation Engineering IPO RHP | Download |
| Arrowhead Seperation Engineering IPO Anchor Investors Details PDF | Download |
Arrowhead Seperation Engineering IPO Rating
| Our Rating | 2.5/5.0 |
Arrowhead Seperation Engineering Company Contact Information
Arrowhead Seperation Engineering Limited
Registered Office: Survey No 39 Village Mundhegaon Tal Igatpuri Nashik-422403
Corporate Office: W-164/E, T.T.C Industrial Area, Village Pawane,
Thane Belapur Road, Navi Mumbai 400710
Tel No.: +91 + 91 84228 29060
Email: info@arrowhead-dryers.co.in
Website: www.arrowhead-dryers.com
Contact Person: Radhika Bhootra, Company Secretary and Compliance Officer.
Our Promoters: Ajit Mundle and Jyoti Mundle
Arrowhead Seperation Engineering IPO Registrar
Cameo Corporate Services Limited
Registered Office: Subramanian Building, No. 1, Club House Road,
Chennai – 600 002.
Tel.: +91 – 44 – 40020700 (5 Lines)
E-mail: priya@cameoindia.com
Investor Grievance Email: investor@cameodina.com
Website: www.cameoindia.com
Contact Person: K. Sreepriya
SEBI Registration. No.: INR 000003753
Arrowhead Seperation Engineering IPO Lead Manager
Aryaman Financial Services Limited
Registered Office: 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg
Fort, Mumbai – 400 001
Tel No.: +91 22 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Vatsal Ganatra
SEBI Registration No.: INM000011344
Arrowhead Seperation Engineering IPO FAQs
What is the lot size of Arrowhead Seperation Engineering IPO?
The total size of Arrowhead Seperation Engineering IPO is ₹13.00 crores and this is a complete fresh Issue.
When will Arrowhead Seperation Engineering IPO start?
Arrowhead Seperation Engineering IPO will open from 16 November 2023 and IPO will close on 20 November 2023.
What is the open date of Arrowhead Seperation Engineering IPO?
Arrowhead Seperation Engineering IPO will open date from 16 November 2023.
What is the last date ( close date ) of Arrowhead Seperation Engineering IPO?
Arrowhead Seperation Engineering IPO will close from 20 November 2023.
What is the price band of Arrowhead Seperation Engineering IPO?
Arrowhead Seperation Engineering IPO price band is ₹233.
What is the minimum amount required to apply for Arrowhead Seperation Engineering IPO?
The minimum investment for retailers to apply for Arrowhead Seperation Engineering IPO is ₹139,800 and the maximum investment is ₹139,800.
What is going on gray market premium of Arrowhead Seperation Engineering IPO?
View gray market premium of Arrowhead Seperation Engineering IPO by Clicking Here
How much is the GMP of Arrowhead Seperation Engineering IPO?
Watch Arrowhead Seperation Engineering IPO GMP Today: Click Here
What is the allotment date of Arrowhead Seperation Engineering IPO?
The allotment date of Arrowhead Seperation Engineering IPO is 23 November 2023.
How to check allotment status in Arrowhead Seperation Engineering IPO?
To check the allotment status of Arrowhead Seperation Engineering IPO, first of all go to the registrar website by clicking here, select your bad Arrowhead Seperation Engineering IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Arrowhead Seperation Engineering IPO?
The listing date of Arrowhead Seperation Engineering IPO is 29 November 2023.
How much will be the listing gain in Arrowhead Seperation Engineering IPO?
View listing gain of Arrowhead Seperation Engineering IPO by Clicking Here
How much time Arrowhead Seperation Engineering IPO is subscribed?
Total 94.79 times subscribed in Arrowhead Seperation Engineering IPO out of which 142.30 times subscription was done in retail quota, 46.02 times subscription in other quota.
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