Arvind and Company Shipping Agencies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 11-10-2023 | 15-10-2023 | 10 per share | 45 | 3000 Shares | NSE SME | 3,276,000 shares (aggregating up to ₹14.74 Cr) | 2023-10-18 18:30:00 | 2023-10-19 18:30:00 | 2023-10-22 18:30:00 | 24-10-2023 |
About The Company
Arvind and Company Shipping Agencies IPO is a fixed price issue of Rs 14.74 crores. The issue is entirely a fresh issue of 32.76 lakh shares.
Arvind and Company Shipping Agencies IPO opens for subscription on October 12, 2023 and closes on October 16, 2023. The allotment for the Arvind and Company Shipping Agencies IPO is expected to be finalized on Thursday, October 19, 2023. Arvind and Company Shipping Agencies IPO will list on NSE SME with tentative listing date fixed as Wednesday, October 25, 2023.
Arvind and Company Shipping Agencies IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹270,000.
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| N/A | N/A |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | 135000 |
| Retail (Max) | 1 | 3000 | 135000 |
| HNI (Min) | 2 | 6000 | 270000 |
IPO Listing Details
| Listing Date | 24-10-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 45 |
Promoter holdings
Mr Arvind Kantilal Shah, Mr Vinit Arvind Shah, Mrs Parul Arvind Shah and Mr Chintan Arvind Shah
Contact Information of the Company
Arvind and Company Shipping Agencies Limited
City point 701 to 702
Fifth Floor, Nr. Town Hall
Jamnagar 361001
Phone: +919913411144
Email: info@arvindshipping.com
Website: https://www.arvindshipping.com/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd