Arvind and Company Shipping Agency IPO Details ( Arvind and Company Shipping Agency Limited IPO Review )
(12 Oct 2023 – 16 Oct 2023)
Arvind and Company Shipping Agency was founded in September 1987 and is located in Jamnagar, Gujarat. We specialize in the business of carrying and forwarding goods using various types of vessels such as Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and tugs for Cargo. Our primary focus is on providing services related to Marine Vessels and supplying equipment to multinational corporations.
In addition to our shipping business, we have expanded into the hospitality industry with Hotel Millennium Plaza and Hotel 999.
Our team consists of over 15 employees, and we have successfully completed more than 850 projects.
Arvind and Company Shipping Agency Limited IPO Competitive Strength
- Experienced Promoters and Management Team.
- Competitive cost structure and efficient operations.
- Location of the facilities promotes closer association with the vendors and customers.
Arvind and Company Shipping Agency IPO Financials Performance ( Results )
Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 578.46 | 52.51 | 23.75 | 0.32 | 467.61 | 6.23 | 466.61 | 105.84 |
| 31-Mar-22 | 1,860.94 | 331.44 | 100.28 | 1.34 | 566.92 | 7.55 | 565.92 | 1,221.04 |
| 31-Mar-23 | 3,381.18 | 841.10 | 347.12 | 4.62 | 914.05 | 12.17 | 913.05 | 2,232.21 |
Objective of Arvind and Company Shipping Agency IPO Issue
- Funding Capital Expenditure of the Company
- General Corporate Purpose
- To meet Public Issue Expenses
Arvind and Company Shipping Agency IPO Basic Details
| IPO Date | Oct 12, 2023 to Oct 16, 2023 |
| Listing Date | Wednesday, October 25, 2023 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Issue Size | 3,276,000 shares of ₹10 (aggregating up to ₹14.74 Cr) |
| Fresh Issue | 3,276,000 shares of ₹10 (aggregating up to ₹14.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,861,800 |
| Share holding post issue | 12,137,800 |
| Company Promoters | Mr Arvind Kantilal Shah, Mr Vinit Arvind Shah, Mrs Parul Arvind Shah and Mr Chintan Arvind Shah |
Arvind and Company Shipping Agency IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Arvind and Company Shipping Agency IPO Timetable
Arvind and Company Shipping Agency IPO will open on October 12, 2023 and close on October 16, 2023. You can join Arvind and Company Shipping Agency IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 12 October 2023 (Thursday) |
| Closing Date | 16 October 2023 (Monday) |
| Basis of Allotment | 19 October 2023 (Thursday) |
| Initiation of Refunds | 20 October 2023 (Friday) |
| Credit of Shares to Demat | 23 October 2023 (Monday) |
| Listing Date | 25 October 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 16 October 2023 |
Arvind and Company Shipping Agency IPO Lot Size
For retail investors in Arvind and Company Shipping Agency IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹135,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹135,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| S-HNI (Min) | 2 | 6000 | ₹270,000 |
Arvind and Company IPO Promoter Holding
The company’s promoters include Mr. Arvind Kantilal Shah, Mr. Vinit Arvind Shah, Mrs. Parul Arvind Shah and Mr. Chintan Arvind Shah.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73% |
Arvind and Company Shipping Agency 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.) | 54.62 |
| Earning Per Share (EPS) | ₹4.62 per Equity Share |
| Net Asset Value (NAV) | ₹12.17 per Equity Share |
| P/E Ratio (P/E) (x) | 9.74 |
| Post P/E Ratio (P/E) (x) | 8.01 |
| Return on Net Worth (RoNW) (%) | 46.88 |
| Return on equity (ROE) (%) | 46.88 |
| Return on Capital Employed (ROCE) (%) | 37.44 |
| Debt/Equity Ratio | 2.44 |
Arvind and Company Shipping Agency Ltd Peer Comparison
Our company does not have comparable listed peer, therefore information related to peer group has not been provided
Arvind and Company Shipping Agency IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 19 October 2023 | ₹19 | – | – |
| 18 October 2023 | ₹19 | – | – |
| 17 October 2023 | ₹19 | – | – |
| 16 October 2023 | ₹20 | – | – |
| 15 October 2023 | ₹20 | – | – |
| 14 October 2023 | ₹20 | – | – |
| 13 October 2023 | ₹20 | – | – |
| 12 October 2023 | ₹20 | – | – |
| 11 October 2023 | ₹20 | – | – |
| 10 October 2023 | ₹18 | – | – |
Arvind and Company Shipping Agency IPO Detail Video:
Arvind and Company Shipping IPO Subscription Status (Bidding Detail)
The Arvind and Company Shipping Agency IPO on October 16, 2023 at 7:30:00 PM was subscribed 385.03 times, with the retail category being subscribed 321.97 times, the other category being subscribed 436.05 times.
| Category | Subscription |
| Other | 436.05x |
| Retail | 321.97x |
| Total | 385.03x |
Arvind and Company Shipping Agency IPO Prospectus
| Arvind and Company Shipping Agency IPO DRHP | Download |
| Arvind and Company Shipping Agency IPO RHP | Download |
| Arvind and Company Shipping Agency IPO Anchor Investors Details PDF | Download |
Arvind and Company Shipping Agency IPO Rating
| Our Rating | 3.5/5.0 |
Arvind and Company Shipping Agency Company Contact Information
Arvind and Company Shipping Agency Limited
Registered Office: City point 701 to 702, Fifth Floor, Nr. Town Hall,
Jamnagar- 361001, Gujarat, India.
Website: www.arvindshipping.com
E-Mail: info@arvindshipping.com
Telephone No: +91 9913411144
Company Secretary and Compliance Officer: Ms. Richie Dhrumil Vandra
Promoters of Our Company: Mr. Arvind Kantilal Shah, Mr. Vinit Arvind Shah, Mrs. Parul Arvind Shah and Mr. Chintan Arvind Shah
Arvind and Company Shipping Agency IPO Registrar
Skyline Financial Services Private Limited
SEBI Registration Number: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India.
Tel. Number: 011-40450193-197
Fax: 011-26812683
Email Id: Ipo@skylinerta.com
Investors Grievance Id: grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana
CIN: U74899DL1995PTC071324
Arvind and Company Shipping Agency IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: Shilp Corporate Park, B Block, 13th Floor, B-1311-1314, Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway, Ahmedabad, Gujarat- 380054.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Arvind and Company Shipping Agency IPO FAQs
What is the lot size of Arvind and Company Shipping Agency IPO?
The total size of Arvind and Company Shipping Agency IPO is ₹14.74 crores and this is a complete fresh Issue.
When will Arvind and Company Shipping Agency IPO start?
Arvind and Company Shipping Agency IPO will open from 12 October 2023 and IPO will close on 16 October 2023.
What is the open date of Arvind and Company Shipping Agency IPO?
Arvind and Company Shipping Agency IPO will open date from 12 October 2023.
What is the last date ( close date ) of Arvind and Company Shipping Agency IPO?
Arvind and Company Shipping Agency IPO will close from 16 October 2023.
What is the price band of Arvind and Company Shipping Agency IPO?
Arvind and Company Shipping Agency IPO price band is ₹45.
What is the minimum amount required to apply for Arvind and Company Shipping Agency IPO?
The minimum investment for retailers to apply for Arvind and Company Shipping Agency IPO is ₹135,000 and the maximum investment is ₹135,000.
What is going on gray market premium of Arvind and Company Shipping Agency IPO?
View gray market premium of Arvind and Company Shipping Agency IPO by Clicking Here
How much is the GMP of Arvind and Company Shipping Agency IPO?
Watch Arvind and Company Shipping Agency IPO GMP Today: Click Here
What is the allotment date of Arvind and Company Shipping Agency IPO?
The allotment date of Arvind and Company Shipping Agency IPO is 19 October 2023.
How to check allotment status in Arvind and Company Shipping Agency IPO?
To check the allotment status of Arvind and Company Shipping Agency IPO, first of all go to the registrar website by clicking here, select your bad Arvind and Company Shipping Agency 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 Arvind and Company Shipping Agency IPO?
The listing date of Arvind and Company Shipping Agency IPO is 25 October 2023.
How much will be the listing gain in Arvind and Company Shipping Agency IPO?
View listing gain of Arvind and Company Shipping Agency IPO by Clicking Here
How much time Arvind and Company Shipping Agency IPO is subscribed?
Total 385.03 times subscribed in Arvind and Company Shipping Agency IPO out of which 321.97 times subscription was done in retail quota, 436.05 times subscription in other quota.
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