Sensex
83,603.04 profit arw 418.24 (0.50%)
Nifty
25,415.80 profit arw 0.00 (0.00%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Arvind & Company Shipping Agencies Ltd
Registered Office: City Point 701-702 5th Floor, Nr.Town Hall, Jamnagar - 361001, Gujarat
Phone: +91 99134 11144
Email: info@arvindshipping.com
Website: www.arvindshipping.com
Public issue of 3276000 equity shares of face value of Rs. 10/- each of Arvind and Company Shipping Agencies Limited (Arvind and Company or the Company or the Issuer) for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share (the Issue Price) aggregating to Rs. 14.74 crores (The Issue), of which 168000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 0.76 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 3108000 equity shares of face value of Rs. 10/- each at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share aggregating to Rs. 13.98 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.99% and 25.61% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 45. The issue price is 4.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Oct-2023 16-Oct-2023 ₹ 45.00 ₹ 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(₹)Cr. Lead Managers to the Issue
Project Cost 12.84 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 14.74
Post Issue Equity Share Capital 12.14
Issue Price ₹45.00
Projects
Funding capital expenditure of the company
General corporate purposes
Promoted By
Arvind Kantilal Shah
Parul Arvind Shah
Vinit Arvind Shah
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt

INDIAN INDICES

Sensex

83,603.04 418.24 (0.50%)

Nifty

25,415.80 0.00 (0.00%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)