Arrowhead Seperation Engineering Limited is engaged in design and manufacture of various chemical process Equipments with specialization in continuous drying and cooling system equipment.
The company manufacturing, trading and exporting of various types of dryers such as Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, etc.
The company’s manufacturing facility at Survey No 39, Village Mundhegaon, Tal Igatpuri, Nashik, 422403, Maharashtra. The factory workshop area is 24000 sq. ft. with an attached office of 3000 sq. ft.
The company is in dryer manufacturing business for more than two decades.
As of June 2023, the company employee strength of 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.
Arrowhead Seperation Engineering IPO – Details
| IPO Opening Date | 16 November 2023 |
| IPO Closing Date | 20 November 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 5,58,000 Shares Worth ₹13.00 Crore Fresh Issue: 5,58,000 Shares Worth ₹13.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹233 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Arrowhead Seperation Engineering IPO – Date Schedule
| IPO Open Date | 16 November 2023 |
| IPO Close Date | 20 November 2023 |
| Basis of Allotment | 23 November 2023 |
| Initiation of Refund | 24 November 2023 |
| Credit of Shares to Demat Account | 28 November 2023 |
| IPO Listing Date | 29 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 20, 2023 |
Arrowhead Seperation Engineering IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 600 | 1,39,800 |
| Retail (Maximum) | 1 | 600 | 1,39,800 |
| HNI (Minimum) | 2 | 1200 | 2,79,600 |
Competitive Strengths
- Customized product for each client.
- Qualified and Experienced Executive Directors.
- Relationship with Customers & Suppliers.
- Location of Manufacturing Unit.
- Wide range of products.
Company Promoters
- Ajit Mundle
- Jyoti Mundle
Object Of The Issue
- Repayment of Loan from NBFC’s.
- Funding Working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 9.16 | 10.39 | -1.79 | 6.00 |
| 31 March 2022 | 10.91 | 10.78 | 0.09 | 6.99 |
| 31 March 2023 | 21.71 | 19.87 | 1.69 | 8.12 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 18.09 |
| ROE | 105% |
| ROCE | 30.94% |
| Debt/Equity | 3.3 |
| EPS (Rs) | 12.88 |
| RoNW | 68.75% |
Arrowhead Seperation Engineering IPO Promoter Holding
| Pre Issue Share Holding | 50.00% |
| Post Issue Share Holding | 35.09% |
Arrowhead Seperation Engineering IPO Prospectus
- Arrowhead Seperation Engineering IPO DRHP
- Arrowhead Seperation Engineering IPO RHP
Company Contact Information
| Arrowhead Seperation Engineering Limited Survey No 39, Village Mundhegaon, Tal Igatpuri, Nashik 422403 Phone: + 91 84228 2906 Email: info@arrowhead-dryers.co.in Website: https://www.arrowhead-dryers.com/ |
Arrowhead Seperation Engineering IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: priya@cameoindia.com Website: https://ipo.cameoindia.com/ |
Arrowhead Seperation Engineering IPO Lead Manager(s)
| 1. Aryaman Financial Services Limited |
Arrowhead Seperation Engineering IPO FAQs
| What is Arrowhead Seperation Engineering IPO? Arrowhead Seperation Engineering IPO is a SME IPO. The issue is priced at ₹233 per equity share. The IPO is to be listed on BSE SME. |
| When Arrowhead Seperation Engineering IPO will open? The IPO is to open on 16 November 2023 for Other – 50% and Retail – 50% Investors. |
| How to Arrowhead Seperation Engineering IPO? You can apply Arrowhead Seperation Engineering 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 Arrowhead Seperation Engineering IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Arrowhead Seperation Engineering”. 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 5 Paisa. |
| How to Apply the Arrowhead Seperation Engineering IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Arrowhead Seperation Engineering”. 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 Edelweiss. |
| What is Arrowhead Seperation Engineering IPO Size? Arrowhead Seperation Engineering IPO size is ₹13.00 crores. |
| What is Arrowhead Seperation Engineering IPO Price Band? Arrowhead Seperation Engineering IPO Price Band is ₹233. |
| What is Arrowhead Seperation Engineering IPO Minimum and Maximum Lot Size? The minimum bid is 600 Shares with ₹1,39,800 amount while the maximum bid is 600 shares with ₹1,39,800. |
| What is the Arrowhead Seperation Engineering IPO Allotment Date? Arrowhead Seperation Engineering IPO allotment date is 23 November 2023. |
| What is the Arrowhead Seperation Engineering IPO Listing Date? Arrowhead Seperation Engineering IPO listing date is 29 November 2023. The IPO is to list on BSE SME. |
