Arrowhead Seperation Engineering Limited
- IPO Date16 Nov, 2023 to 20 Nov, 2023
- Listing Date29 Nov, 2023
- Face Value₹10 per share
- Issue Price₹233 to ₹233 per share
- Lot Size600 Shares
- Minimum Investment₹1,39,800
- Listing AtBSE SME
- Total Issue Size5,58,000 Shares
(aggregating up to ₹13.00 Cr) - Fresh Issue5,58,000 Shares
(aggregating up to ₹13.00 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue13,13,325
- Shareholding post issue18,71,325
IPO Dates
Closing Date
20 Nov, 2023
Initiation of Refunds
28 Nov, 2023
Listing Date
29 Nov, 2023
16 Nov, 2023
Opening Date
23 Nov, 2023
Basis of Allotment
28 Nov, 2023
Credit of Shares
Arrowhead Seperation Engineering Limited Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,39,800 |
| HNI (Min) | 2 | 1200 | ₹2,79,600 |
| Retail (Max) | 1 | 600 | ₹1,39,800 |
Arrowhead Seperation Engineering Limited Promoter Holding
The promoters of the company are Ajit Mundle and Jyoti Mundle
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 50% | 35.09% |
Key Performance Indicator
Arrowhead Seperation Engineering IPO Market Cap is Rs 43.6 Cr and P/E (x) is 18.09.
| KPI | Values |
|---|---|
| ROE | 105% |
| ROCE | 30.94% |
| RoNW | 68.75% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 18.09 | 12.88 |
| P/E (x) | 18.09 | 12.88 |
Arrowhead Seperation Engineering Limited COMPANY INFORMATION
Arrowhead Seperation Engineering IPO is a fixed price issue of Rs 13.00 crores. The issue is entirely a fresh issue of 5.58 lakh shares. Arrowhead Seperation Engineering IPO opens for subscription on November 16, 2023 and closes on November 20, 2023. The allotment for the Arrowhead Seperation Engineering IPO is expected to be finalized on Thursday, November 23, 2023. Arrowhead Seperation Engineering IPO will list on BSE SME with tentative listing date fixed as Wednesday, November 29, 2023. Arrowhead Seperation Engineering IPO price is ₹233 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹139,800. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹279,600. Aryaman Financial Services Limited is the book running lead manager of the Arrowhead Seperation Engineering IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Arrowhead Seperation Engineering IPO is Aryaman Capital Markets. Refer to Arrowhead Seperation Engineering IPO RHP for detailed information.
Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in the manufacturing, trading and exporting of various types 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, Continuous Particulate Dryer, etc. The company's focus is to meet the expectations of the customers by providing them with high-quality products that meet their satisfaction. Additionally, the company follows ethical business practices and maintains complete transparency in all transactions to build and maintain strong relationships with the customers.
As of June 2023, the company employs 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.
The core strength of the company lies in the following:-
- Customized Product for each Client
- Qualified and experienced Executive Directors
- Wide range of products
FAQs About Arrowhead Seperation Engineering Limited
Arrowhead Seperation Engineering Limited will open on 16 Nov, 2023 and close on 20 Nov, 2023. Investors must apply within this period to participate.
The Arrowhead Seperation Engineering Limited price band is set between ₹233.00 and ₹233.00 per share. The minimum lot size is 600, requiring an investment of at least ₹139800.00.
The Arrowhead Seperation Engineering Limited shares are expected to be listed on 29 Nov, 2023, subject to regulatory approvals and final allotment.
You can track your Arrowhead Seperation Engineering Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Arrowhead Seperation Engineering Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.