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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 3000 | ₹135,000 |
Retail Maximum | 1 | 3000 | ₹135,000 |
S-HNI Minimum | 2 | 6000 | ₹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 | |||
Year | Revenue | Expense | PAT |
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/
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