Listed Price₹77.40
Listing Gain+10.57%
Price Band₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription19.51x
Listed Market Snapshot
₹77.40Listed price from market data
+10.57%listing gain
Issue Amount
₹20.24 Cr
Listed Price
₹77.40
Current Price
₹65
Registrar
Purva Sharegistry India Private Limited
Timeline•Fixed Price Issue IPO
Open25 Sep 2023
Close27 Sep 2023
Allotment04 Oct 2023
Listing09 Oct 2023
Quota Reservation Portions
RetailPortion: 13,72,000 shares
47.44%Nii(hni)Portion: 13,72,000 shares
47.44%Market MakerPortion: 1,48,000 shares
5.12%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
Incorporated in 2006, Arabian Petroleum Limited is engaged in manufacturing a wide range of lubricants and specialty oils used in automobiles, industrial machines, and various appliances. The company operates under two main product divisions: Arzol (Automotive Lubricants) offering engine oils, gear oils, tractor oils, and hydraulic oils for vehicles, and SPL (Industrial Lubricants) which provides solutions to improve machine performance, reduce wear, and cut energy costs. Arabian Petroleum caters to domestic as well as international customers across multiple industries such as pharmaceuticals, FMCG, chemicals, steel, rubber, power, and automobiles.
Company Promoters
Mr. Hemant Dalsukhrai MehtaMr. Manan Hemant Mehta
Lead Managers
Registrar
Purva Sharegistry India Private Limited