Arabian Petroleum IPO Date, Review, Price, Allotment Details

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

Arabian Petroleum IPO Market Lot

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

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.

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

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.

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

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