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ARVINDSME / NSEListed

Arvind and Company Shipping Agency Limited

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

₹45 - ₹45379.06x sub
Listed Price80.00
Listing Gain+77.78%
TimelineFixed Price Issue IPO
Open12 Oct 2023
Close16 Oct 2023
Allotment19 Oct 2023
Listing25 Oct 2023

Quota Reservation Portions

RetailPortion: 15,54,000 shares
47.44%
Nii(hni)Portion: 15,54,000 shares
47.44%
Market MakerPortion: 1,68,000 shares
5.13%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,35,000
HNI2 lots / 6,000 shares
₹2,70,000

About the Company

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

Company Promoters

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