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ARABIANSME / NSEListed
Arabian Petroleum

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.

DRHP
₹70 - ₹7019.51x sub
Listed Price₹77.40
Listing Gain+10.57%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open25 Sep 2023
Close27 Sep 2023
Allotment04 Oct 2023
Listing09 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail13,72,000 shares
47.44%
Nii(hni)13,72,000 shares
47.44%
Market Maker1,48,000 shares
5.12%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Mr. Hemant Dalsukhrai MehtaMr. Manan Hemant Mehta

Company Background

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...

Lead Managers & Bankers

Hem Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹11024.54 Cr
Growth-54.8%
Revenue Trend (₹ in Crores)
0.09.4k18.7k28.1kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 11,024.54287.545,031.882,197.75
Mar 2022 19,159.10414.347,134.942,948.97
Mar 202324,394.68486.487,650.883,830.66

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.0822.08%32.47%11.51 15.66

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: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
04 Oct 2023
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
09 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Arabian Petroleum. 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 Finalization04 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 Date09 Oct 2023Trading commences on exchange

How to Check Arabian Petroleum Allotment Online

1Open Portal

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

2Select Company

Select Arabian Petroleum 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 Arabian Petroleum IPO

Complete issue overview for Arabian Petroleum (ARABIAN) IPO. The issue features an equity share price band of ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). 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