The Arrowhead Seperation Engineering IPO started on November 16, 2023, and ended on November 20, 2023. Shares were allocated on November 23, 2023, and refund processes began on November 24, 2023. On November 28, 2023, the shares were credited to investors demat accounts. Arrowhead Seperation Engineering was officially listed on the stock exchange on November 29, 2023.
During the IPO, Arrowhead Seperation Engineering offered shares at a price range of ₹233 per share, and the lot size was 600 shares. The total issue size was ₹13.00 crores, with ₹13.00 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Arrowhead IPO Subscription Update Video
Arrowhead Seperation Engineering IPO Subscription Status
The Arrowhead Seperation Engineering IPO on November 20, 2023 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 Basic Details
| Company Name | Arrowhead Seperation Engineering Limited |
| Domain of Company | Dryer Manufacturer |
| Arrowhead Seperation Engineering IPO Open Date | November 16, 2023 |
| Arrowhead Seperation Engineering IPO Close Date | November 20, 2023 |
| Arrowhead Seperation Engineering IPO Allotment Date | November 23, 2023 |
| Arrowhead Seperation Engineering IPO Listing Date | 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 |
| Company Promoters | Ajit Mundle and Jyoti Mundle |
About Arrowhead Seperation Engineering Limited
Arrowhead Separation Engineering Limited started its journey in 1991. We’re all about making, selling, and shipping different types of dryers. We’ve got Vacuum Double Drum Dryers, Rotary Dryers, Single Drum Dryers, Double Drum Dryers, Paddle Dryers, Flaker Systems, Totally Enclosed Single Drum Dryers, Continuous Particulate Dryers, and more.
Our main goal is to make sure our customers are happy by giving them top-notch products. We believe in doing business the right way – being fair and open in all our dealings. We want to build strong relationships with our customers.
As of June 2023, we have 54 people on our team. Sometimes, we bring in experts from the industry for specific projects. We want to make sure we’re doing things right and delivering quality every time.
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Arrowhead Seperation Engineering IPO FAQs
What is the start and end date of Arrowhead Seperation Engineering IPO Subscription?
The Arrowhead Seperation Engineering IPO started on November 16, 2023, and ended on November 20, 2023.
When does Arrowhead Seperation Engineering IPO Subscription open?
The Arrowhead Seperation Engineering IPO open on November 16, 2023.
When does Arrowhead Seperation Engineering IPO Subscription close?
The Arrowhead Seperation Engineering IPO Close on November 20, 2023.
What is the allotment date of Arrowhead Seperation Engineering IPO?
The allotment date for Arrowhead Seperation Engineering IPO is November 23, 2023.
When is the initial refund date of Arrowhead Seperation Engineering IPO?
The initial Refund date for Arrowhead Seperation Engineering IPO is November 24, 2023.
When were the shares credited to investors demat accounts for the Arrowhead Seperation Engineering IPO?
The shares for the Arrowhead Seperation Engineering IPO were credited to investors demat accounts on November 28, 2023.
When will Arrowhead Seperation Engineering IPO be listed on the stock market?
Arrowhead Seperation Engineering IPO stock market will be listed on November 29, 2023 at 10 am.
What was the price range of the Arrowhead Seperation Engineering IPO shares?
The Arrowhead Seperation Engineering IPO shares were offered at a price range of ₹233 per share.
What was the lot size for the Arrowhead Seperation Engineering IPO shares?
The lot size for the Arrowhead Seperation Engineering IPO shares was 600 shares.
What was the total issue size of the Arrowhead Seperation Engineering IPO?
The total issue size of the Arrowhead Seperation Engineering IPO was ₹13.00 crores.
How were the shares allocated among different types of investors for the Arrowhead Seperation Engineering IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Arrowhead Seperation Engineering IPO listed?
The Arrowhead Seperation Engineering IPO was listed on the BSE SME.
What is the Arrowhead Seperation Engineering IPO Subscription Status?
Arrowhead Seperation Engineering IPO is subscribed 94.79 Times.
