Listed Price₹250.00
Listing Gain+7.30%
Price Band₹233
Lot Size600 shares
Min Bid₹1,39,800
Subscription94.85x
Listed Market Snapshot
₹250.00Listed price from market data
+7.30%listing gain
Issue Amount
₹13 Cr
Listed Price
₹250.00
Current Price
₹70
Registrar
Cameo Corporate Services Limited
Timeline•Fixed Price Issue IPO
Open16 Nov 2023
Close20 Nov 2023
Allotment22 Nov 2023
Listing28 Nov 2023
Quota Reservation Portions
RetailPortion: 2,64,000 shares
47.31%Nii(hni)Portion: 2,64,000 shares
47.31%Market MakerPortion: 30,000 shares
5.38%Minimum Application Bracket Matrix
Retail1 lots / 600 shares
₹1,39,800HNI2 lots / 1,200 shares
₹2,79,600About the Company
Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in manufacturing, trading, and exporting a wide range 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, and Continuous Particulate Dryer. The company focuses on meeting customer expectations by delivering high-quality products while maintaining ethical business practices and complete transparency to build strong customer relationships. As of June 2023, the company employs 54 people and also hires industry professionals on a project basis whenever required.
Company Promoters
Mr. Ajit MundleMs. Jyoti Mundle
Lead Managers
Registrar
Cameo Corporate Services Limited