Arvind and Company Shipping IPO Date, Review, Price, Allotment Details

Arvind and Company Shipping IPO Details: Arvind and Company Shipping IPO date is fixed, The IPO will open on October 12 and will close on October 16. Arvind and Company Shipping is an NSE SME IPO to raise ₹14.74 crores via IPO. The Arvind and Company Shipping IPO price band is fixed at ₹45 with a market lot of 3000 shares.

Arvind and Company Shipping IPO

Arvind and Company Shipping are primarily engaged in the chartering business. Chartering activities of our company mainly include chartering of Barge for commercial purposes. As of the date of this Draft Prospectus, they own a total of 5 Barges, brief details of which are mentioned in this chapter under the head “Equipment & Machinery” on page 105. The company ventured into chartering barges by purchasing barge “Arcadia Sumeru” in FY 2021, “KB-26” and “KB-32” in FY 2022, “KB-28” and “Arcadia Minica” in FY 2023. The company understands the unique needs of businesses involved in cargo transportation.


Their comprehensive barge chartering services encompass a range of options tailored to meet the specific requirements of the customers. Under this segment, their end users are construction companies who often require barges to transport heavy equipment, construction materials, or personnel to and from construction sites located near bodies of water. Barges can be used to transport materials such as sand, gravel, cement, steel, or machinery to support construction projects.

They strive to explore new avenues of business, which can leverage the long-standing relationship of our promoters in the industry. In order to develop a new business vertical, the company has recently forayed into the hospitality business with “Hotel Millennium Plaza” and “Hotel 999”, situated in the surroundings of Jamnagar City of Gujarat.


Objects of the Issue:

  • Funding Capital Expenditure of our company
  • General Corporate Purpose
  • To meet Public Issue Expenses

Arvind and Company Shipping IPO Review

  • May Apply

Arvind and Company Shipping IPO Date & Price Band Details

IPO Open:October 12, 2023
IPO Close:October 16, 2023
IPO Size:Approx ₹14.74 Crores, 32,76,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹45 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% 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

Arvind and Company Shipping IPO Market Lot

The Arvind and Company Shipping IPO minimum market lot is 3000 shares with a ₹135,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹135,000
Retail Maximum13000₹135,000
S-HNI Minimum26000₹270,000

Arvind and Company Shipping IPO Dates

The Arvind and Company Shipping IPO date is October 12 and the IPO close date is October 16. The IPO allotment date is October 19 and the IPO might list on October 25.

IPO Open Date:October 12, 2023
IPO Close Date:October 16, 2023
Basis of Allotment:October 19, 2023
Refunds:October 20, 2023
Credit to Demat Account:October 23, 2023
IPO Listing Date:October 25, 2023

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

Arvind and Company Shipping IPO Form

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


Arvind and Company Shipping Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹0.53₹0.39₹0.24
2022₹3.31₹1.94₹1.00
2023₹8.41₹3.61₹3.47

Arvind and Company Shipping IPO Valuation – FY2023

Check Arvind and Company Shipping 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):₹4.62 per Equity Share
Price/Earning P/E Ratio:4.62
Return on Net Worth (RoNW):46.88%
Net Asset Value (NAV):₹12.17 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Arvind Kantilal Shah
  • Mrs. Parul Arvind Shah

Arvind and Company Shipping IPO Registrar

Skyline Financial Services Pvt Ltd
Phone: 011-40450193-197
Email: [email protected]
Website: http://www.skylinerta.com

Arvind and Company Shipping IPO Allotment Status

Check Arvind and Company Shipping IPO allotment status on Skyline Financial website URL. Click Here

Arvind and Company Shipping IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt. Ltd

Company Address

Arvind and Company Shipping Agencies Limited
City point 701 to 702, Fifth Floor,
Nr. Town Hall, Jamnagar- 361001, Gujarat, India
Phone: +919913411144
E-mail: [email protected]
Website: https://www.arvindshipping.com/

Arvind and Company Shipping IPO FAQs


What is Arvind and Company Shipping IPO?

Arvind and Company Shipping IPO is an NSE SME IPO. They are going to raise ₹14.74 Crores via IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on NSE.

When Arvind and Company Shipping IPO will open?

The IPO is to open on October 12, 2023 for NII, and Retail Investors.

What is Arvind and Company Shipping IPO Investors Portion?

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

How to Apply the Arvind and Company Shipping IPO?

You can apply Arvind and Company Shipping 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 Arvind and Company Shipping 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 “Arvind and Company Shipping”. 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 Arvind and Company Shipping IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping”. 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 Arvind and Company Shipping IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping”. 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 Arvind and Company Shipping IPO Size?

Arvind and Company Shipping IPO size is ₹14.74 crores.

What is Arvind and Company Shipping IPO Price Band?

Arvind and Company Shipping IPO Price Band is ₹45 per equity share.

What is Arvind and Company Shipping IPO Allotment Date?

Arvind and Company Shipping IPO allotment date is October 19, 2023.

What is Arvind and Company Shipping IPO Listing Date?

Arvind and Company Shipping IPO listing date is October 25, 2023. The IPO to list on NSE SME.

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

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    OPEN DEMAT ACCOUNT