Arvind and Company Shipping Agency Limited is engaged in the business of Shipping and Forwarding agents. The company is situated in Jamnagar, Gujrat.
The company operates in vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges and tugs for Cargo. The company mainly provides services related to Marine Vessels and Ancillary equipment and supplies equipment to multinational corporations.
The company has also expanded its business horizon by entering into the hospitality business with Hotel Millennium Plaza and Hotel 999.
Arvind and Company Shipping Agency Limited has 15+ employees and has completed 850+ projects.
Arvind and Company Shipping Agency IPO – Details
| IPO Opening Date | 12 October 2023 |
| IPO Closing Date | 16 October 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 32,76,000 Shares Worth ₹14.74 Crore Fresh Issue: 32,76,000 Shares Worth ₹14.74 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹45 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Arvind and Company Shipping Agency IPO – Date Schedule
| IPO Open Date | 12 October 2023 |
| IPO Close Date | 16 October 2023 |
| Basis of Allotment | 19 October 2023 |
| Initiation of Refund | 20 October 2023 |
| Credit of Shares to Demat Account | 23 October 2023 |
| IPO Listing Date | 25 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 16, 2023 |
Arvind and Company Shipping Agency IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,35,000 |
| Retail (Maximum) | 1 | 3000 | 1,35,000 |
| HNI (Minimum) | 2 | 6000 | 2,70,000 |
Competitive Strengths
- Experienced Promoters and Management Team.
- Competitive cost structure and efficient operations.
- Location of the facilities promotes closer association with the vendors and customers.
Company Promoters
- Mr. Arvind Kantilal Shah
- Mr. Vinit Arvind Shah
- Mrs. Parul Arvind Shah
- Mr. Chintan Arvind Shah
Object Of The Issue
- Funding Capital Expenditure of the Company.
- General Corporate Purposes.
- Public Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 0.52 | 0.39 | 0.24 | 1.06 |
| 31 March 2022 | 3.31 | 1.94 | 1.00 | 12.21 |
| 31 March 2023 | 8.41 | 3.60 | 3.47 | 22.32 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 9.74 |
| ROE | 46.88 |
| ROCE | 37.44 |
| EPS (Rs) | 4.62 |
| RoNW | 46.88 |
Arvind and Company Shipping Agency IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.00% |
Arvind and Company Shipping Agency IPO Prospectus
Company Contact Information
| Arvind and Company Shipping Agency Limited City point 701 to 702 Fifth Floor, Nr. Town Hall Jamnagar 361001 Phone: +919913411144 Email: info@arvindshipping.com Website: https://www.arvindshipping.com/ |
Arvind and Company Shipping Agency IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Arvind and Company Shipping Agency IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Arvind and Company Shipping Agency IPO FAQs
| What is Arvind and Company Shipping Agency IPO? Arvind and Company Shipping Agency IPO is a SME IPO. The issue is priced at ₹45 per equity share. The IPO is to be listed on NSE SME. |
| When Arvind and Company Shipping Agency IPO will open? The IPO is to open on 12 October 2023 for Other – 50% and Retail – 50% Investors. |
| How to Arvind and Company Shipping Agency IPO? You can apply Arvind and Company Shipping Agency 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 Agency IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping Agency”. 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 Arvind and Company Shipping Agency IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Arvind and Company Shipping Agency”. 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 Arvind and Company Shipping Agency IPO Size? Arvind and Company Shipping Agency IPO size is ₹14.74 crores. |
| What is Arvind and Company Shipping Agency IPO Price Band? Arvind and Company Shipping Agency IPO Price Band is ₹45. |
| What is Arvind and Company Shipping Agency IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,35,000 amount while the maximum bid is 3000 shares with ₹1,35,000. |
| What is the Arvind and Company Shipping Agency IPO Allotment Date? Arvind and Company Shipping Agency IPO allotment date is 19 October 2023. |
| What is the Arvind and Company Shipping Agency IPO Listing Date? Arvind and Company Shipping Agency IPO listing date is 25 October 2023. The IPO is to list on NSE SME. |
