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Open
12 Oct 2023
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Close
16 Oct 2023
3
Allotment
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Listing
Wed, Oct 25, 2023
Price Band
₹45 per share
Issue Size
32,76,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Oct 25, 2023
Latest GMP
₹18
Est. Gain
40%
✦ AI Insight
GMP Trend
25-10-2023₹18Est. ₹63+40%
24-10-2023₹18Est. ₹63+40%
23-10-2023₹17Est. ₹62+37.78%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 373.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 33.81 | 18.61 | 5.78 |
| Total Income | 8.41 | 3.31 | 0.53 |
| Profit After Tax | 3.47 | 1.00 | 0.24 |
| NET Worth | 9.14 | 5.67 | 4.68 |
| Reserves and Surplus | 9.13 | 5.66 | 4.67 |
| Total Borrowing | 22.32 | 12.21 | 1.06 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure of the company | 11.02 |
| 2 | General Corporate Purpose | 1.82 |
About Arvind & Co.Shipping IPO
Incorporated in September 1987, Arvind and Company Shipping Agency is situated in Jamnagar, Gujrat. The company is in the business of carrying and forwarding agents. The company operates in vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges and tugs for Cargo. The company mainly provides services related to Marine Vessels and Ancillary equipment and supplies equipment to multinational corporations. The company has also expanded its business horizon by entering into the hospitality business with Hotel Millennium Plaza and Hotel 999. Arvind and Company Shipping Agency Limited has 15+ employees and has completed 850+ projects. Competitive Strength: 1. Experienced Promoters and Management Team. 2. Competitive cost structure and efficient operations. 3. Location of the facilities promotes closer association with the vendors and customers.+ Read More
Contact Details
Arvind & Co.Shipping Agencies Ltd. AddressCity point 701 to 702Fifth FloorNr.Town HallJamnagar, Gujarat, 361001+919913411144info@arvindshipping.comVisit Website