IPO Trending
ARVINDSME / NSEListed
Arvind and Company Shipping Agency

Incorporated in September 1987, Arvind and Company Shipping Agency is based in Jamnagar, Gujarat, and specializes in marine vessel services and ancillary equipment. The company operates various vessels, including Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Tugs, catering to multinational corporations. Expanding beyond shipping, the company has also ventured into the hospitality sector with Hotel Millennium Plaza and Hotel 999. With 15+ employees and 850+ completed projects, the company continues to grow with a strong foundation in shipping and logistics. Competitive Strengths: Experienced Promoters and Management Team Cost-efficient operations and competitive pricing Strategic location for strong vendor and customer relations

DRHP
₹45 - ₹45379.06x sub
Listed Price₹80.00
Listing Gain+77.78%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open12 Oct 2023
Close16 Oct 2023
Allotment19 Oct 2023
Listing25 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,54,000 shares
47.44%
Nii(hni)15,54,000 shares
47.44%
Market Maker1,68,000 shares
5.13%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,35,000
HNI2 Lots (6,000 shares)
₹2,70,000

Company Promoters

Mr Arvind Kantilal ShahMr Vinit Arvind ShahMrs Parul Arvind ShahMr Chintan Arvind Shah

Company Background

Incorporated in September 1987, Arvind and Company Shipping Agency is based in Jamnagar, Gujarat, and specializes in marine vessel services and ancillary equipment. The company operates various vessels, including Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Tugs, catering to multinational corporations. Expanding beyond...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2023)₹841.1 Cr
Growth+1501.8%
Revenue Trend (₹ in Crores)
0.0322.4644.8967.3Mar 2021Mar 2022Mar 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2023841.10347.123,381.182,232.21
Mar 2022331.44100.281,860.941,221.04
Mar 202152.5123.75578.46105.84

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values4.6246.88%37.44%9.748.01

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
19 Oct 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
25 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Arvind and Company Shipping Agency. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization19 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date25 Oct 2023Trading commences on exchange

How to Check Arvind and Company Shipping Agency Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Arvind and Company Shipping Agency from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Arvind and Company Shipping Agency IPO

Complete issue overview for Arvind and Company Shipping Agency (ARVIND) IPO. The issue features an equity share price band of ₹45 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,35,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions