Arabian Petroleum IPO Date, Review, Price, Allotment Details

Arabian Petroleum IPO Details: Arabian Petroleum IPO date is fixed, The IPO will open on September 25 and will close on September 27. Arabian Petroleum is an NSE SME IPO to raise ₹20.24 crores via IPO. The Arabian Petroleum IPO price band is fixed at ₹70 with a market lot of 2000 shares.

Arabian Petroleum IPO

Table of Contents

Arabian Petroleum is in the business of manufacturing a wide range of Lubricants including Specialty Oils, Coolants, etc. used for application in automobiles and industrial machines and appliances. Their business is categorized into two distinctive product divisions: (i) Automotive Lubricants – Arzol and (ii) Industrial Lubricants – SPL. They are dedicated to consistently providing products that deliver stellar quality and comply with statutory requirements in the Automotive and Industrial Lubricants domain.


In the year 2021, the company was licensed by the American Petroleum Institute (API) to use API marks on some of its products like Arzol Milage Synactiv, Arzol Super Duty, and Arzol Synpros.

Their domestic and international customers are spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tire, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors automobile industry, etc. Apart from private players, they also derive our revenues under the contracts from the Government sectors (both central and state) and associated entities. They are honored to be one of the suppliers of lubricants to the Indian Armed Forces and have successfully delivered lubricant products to the Border Security Force (BSF), Indian Air Force (IAF), and Indian Navy across various parts of the country.


Objects of the Issue:

  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses.

Arabian Petroleum IPO Review

  • Avoid

Arabian Petroleum IPO Date & Price Band Details

IPO Open:September 25, 2023
IPO Close:September 27, 2023
IPO Size:Approx ₹20.24 Crores, 2,892,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹70 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Arabian Petroleum IPO Market Lot

The Arabian Petroleum IPO minimum market lot is 2000 shares with a ₹140,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹140,000
Retail Maximum12000₹140,000
S-HNI Minimum24000₹280,000

Arabian Petroleum IPO Dates

The Arabian Petroleum IPO date is September 25 and the IPO close date is September 27. The IPO allotment date is October 3 and the IPO might list on October 9.

IPO Open Date:September 25, 2023
IPO Close Date:September 27, 2023
Basis of Allotment:October 3, 2023
Refunds:October 4, 2023
Credit to Demat Account:October 5, 2023
IPO Listing Date:October 9, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Arabian Petroleum IPO Form

How to apply Arabian Petroleum IPO? You can apply Arabian Petroleum IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Arabian Petroleum IPO in the Invest section. The other option you can apply Arabian Petroleum IPO via IPO forms download via the NSE website. Check out the Arabian Petroleum forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Arabian Petroleum Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹84.14₹80.38₹2.81
2021₹110.25₹106.35₹2.88
2022 9M₹140.51₹135.90₹3.43

Arabian Petroleum IPO Valuation – FY2022

Check Arabian Petroleum IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹- per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):-%
Net Asset Value (NAV):₹- per Equity Share

Peer Group

  • Tide Water Oil Co. (India) Limited
  • GP Petroleums Limited

Company Promoters

  • Mr. Hemant Dalsukhrai Mehta
  • Mr. Manan Hemant Mehta

Arabian Petroleum IPO Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/

Arabian Petroleum IPO Allotment Status

Check Arabian Petroleum IPO allotment status on Purva Sharegistry website URL. Click Here

Arabian Petroleum IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging, Ambernath (W),
Ambernath, Thane – 421505
Phone: +0251-2395601
Email: [email protected]
Website: https://www.arabianpetroleum.co.in/index.php

Arabian Petroleum IPO FAQs


What is Arabian Petroleum IPO?

Arabian Petroleum IPO is an NSE SME IPO. They are going to raise ₹20.24 Crores via IPO. The issue is priced at ₹70 per equity share. The IPO is to be listed on NSE.

When Arabian Petroleum IPO will open?

The IPO is to open on September 25, 2023 for QIB, NII, and Retail Investors.

What is Arabian Petroleum IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Arabian Petroleum IPO?

You can apply Arabian Petroleum IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Arabian Petroleum IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Arabian Petroleum”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Arabian Petroleum IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Arabian Petroleum”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Arabian Petroleum IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Arabian Petroleum”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Arabian Petroleum IPO Size?

Arabian Petroleum IPO size is ₹20.24 crores.

What is Arabian Petroleum IPO Price Band?

Arabian Petroleum IPO Price Band is ₹70 per equity share.

What is Arabian Petroleum IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹140,000.

What is Arabian Petroleum IPO Allotment Date?

Arabian Petroleum IPO allotment date is October 3, 2023.

What is Arabian Petroleum IPO Listing Date?

Arabian Petroleum IPO listing date is October 9, 2023. The IPO to list on NSE SME.

Note: The Arabian Petroleum IPO details are announced officially. The IPO grey market premium (Arabian Petroleum IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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