The Arabian Petroleum IPO minimum market lot is 2000 with ₹140,000 application amount. The IPO is an NSE SME IPO, and it will be listed on NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Arabian Petroleum IPO Subscription Status – Day 3
| Category | Subscription Numbers |
| NII | 15.72 |
| RII | 23.19 |
| Total | 19.91 |
Arabian Petroleum IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Arabian Petroleum IPO Review
- Avoid
Arabian Petroleum IPO Form
How to apply for the Arabian Petroleum IPO? You can apply for 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 is you can apply for Arabian Petroleum IPO via IPO forms downloaded via NSE. Check out the Arabian Petroleum forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
