IPO Trending
ARROWHEADSME / BSEListed
Arrowhead Seperation Engineering

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.

DRHP
₹233 - ₹23394.85x sub
Listed Price₹250.00
Listing Gain+7.30%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open16 Nov 2023
Close20 Nov 2023
Allotment22 Nov 2023
Listing28 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail2,64,000 shares
47.31%
Nii(hni)2,64,000 shares
47.31%
Market Maker30,000 shares
5.38%

Minimum Application Lots

Retail1 Lot (600 shares)
₹1,39,800
HNI2 Lots (1,200 shares)
₹2,79,600

Company Promoters

Mr. Ajit MundleMs. Jyoti Mundle

Company Background

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 cust...

Lead Managers & Bankers

Aryaman Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹881.71 Cr
Growth-3.8%
Revenue Trend (₹ in Crores)
0.0832.41.7k2.5kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2023881.7164.342,180.62896.02
Mar 20232,171.57169.182,070.53812.67
Mar 20221,091.739.171,832.23699.45
Mar 2021916.63-179.191,567.43600.59

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values12.88105%30.94%18.0916.95

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: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
22 Nov 2023
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
28 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for Arrowhead Seperation Engineering. Check with PAN or Application No.

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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 Finalization22 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Nov 2023Trading commences on exchange

How to Check Arrowhead Seperation Engineering Allotment Online

1Open Portal

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

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Arrowhead Seperation Engineering IPO

Complete issue overview for Arrowhead Seperation Engineering (ARROWHEAD) IPO. The issue features an equity share price band of ₹233 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹1,39,800). 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