“Arvind and Company Shipping IPO Agencies Limited: Your ship to success”

Arvind and Company Shipping IPO Agency SME

About Arvind and Company Shipping IPO Agency:

Arvind and Company Shipping Agency, established in 1987, is a Jamnagar-based IPO business specializing in carrying and forwarding services for marine vessels and ancillary equipment. They offer a diverse fleet of vessels, including Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and tugs, catering to multinational corporations. In addition to their core operations, they’ve ventured into the hospitality sector with Hotel Millennium Plaza and Hotel 999, showcasing their commitment to diversification.

Key Competitive Strengths:

  1. Experienced Leadership: Backed by experienced promoters and a skilled management team, Arvind and Company Shipping Agency boasts strong industry expertise.
  2. Efficient Operations: Their competitive cost structure and efficient operations contribute to their success in the maritime industry.
  3. Strategic Location: Strategically located facilities enable close collaboration with vendors and customers, enhancing their service quality and customer relationships.

Company IPO Details

Face Value₹10 per share
Price₹45 per share
Lot Size3000 Shares
Total Issue Size3,276,000 shares
(aggregating up to ₹14.74 Cr)
Fresh Issue3,276,000 shares
(aggregating up to ₹14.74 Cr)
Listing AtNSE SME

Tentative Schedule

IPO Open DateThursday, October 12, 2023
IPO Close DateMonday, October 16, 2023
Basis of AllotmentThursday, October 19, 2023
Initiation of RefundsFriday, October 20, 2023
Credit of Shares to DematMonday, October 23, 2023
Listing DateWednesday, October 25, 2023

Key Performance Indicator

P/E (x)9.74
Post P/E (x)8.01
Market Cap (₹ Cr.)54.62
EPS (Rs)4.62

Arvind and Company Shipping IPO Agencies Lot Size

Retail (Min)13,000₹135,000
Retail (Max)13,000₹135,000
HNI (Min)26,000₹270,000

Arvind and Company Shipping Agency Limited Financial Information

Period Ended31 Mar 202131 Mar 202231 Mar 2023
Profit After Tax23.75100.28347.12
Net Worth467.61566.92914.05
Reserves and Surplus466.61565.92913.05
Total Borrowing105.841,221.042,232.21
Amount in ₹ Lakhs
Arvind and Company Shipping IPO Agency SME

Objects of the Issue

The utilization of proceeds from the Fresh Issue is outlined as follows:

  1. Capital Expenditure: The funds will be directed towards financing the company’s capital expenditure requirements, which may include investments in infrastructure, equipment, or other assets to support business growth and development.
  2. General Corporate Purpose: A portion of the proceeds will be allocated for general corporate purposes, providing flexibility in addressing various operational needs or opportunities as they arise.
  3. Public Issue Expenses: This allocation will cover the expenses related to conducting the public issue, ensuring a smooth and compliant process.

These objectives collectively signify the company’s strategic priorities and responsible financial planning.

Arvind and Company Shipping IPO Agencies Review

This company primarily derives its income from barge chartering services. Additionally, it has entered the hospitality sector, with plans for operations in the second half of the current fiscal year. The issue’s valuation seems reasonable when considering the annualized earnings for FY24. Investors with a well-informed perspective may find it beneficial to invest for potential medium to long-term returns.

IPO Subscription Details

Sorry, we couldn’t find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open

Check Day by Day Subscription Details (Live Status)


Arvind and Company Shipping Agency SME IPO’s soaring with a last GMP of ₹20 as of October 11, 2023! With a price band of just ₹45.00, the estimated listing price surges to ₹65 (capital price + today’s GMP), promising a whopping 44.44% expected gain per share. Retail investors, don’t miss this chance – the subject to Sauda is ₹45,600! 🚀💰

Check Day by Day GMP Details (Live Status)

For more IPO related content like this stay tuned with ipohunts.

for previous IPO study blog about Commited cargo limited.

If you are Interested in cricket buzzers and updates then make sure to check out crikzone.

if you are interested in celebrity comparison make sure to check out blogsroom.

Arvind and Company Shipping IPO Agencies Opening Date ?

Thursday, October 12, 2023

Arvind and Company Shipping IPO Agencies Price Band ?

₹45 per share

Arvind and Company Shipping IPO Agencies Retail Cost per lot ?


Arvind and Company Shipping IPO Agencies Subscription ?


Arvind and Company Shipping IPO Agencies GMP ?

₹65/- (+ 44.44% )


The content provided here should not be interpreted as an invitation or solicitation to buy or sell securities, nor should it be regarded as guidance for such actions. All material presented is intended solely for educational and informational purposes and should not be utilized for making investment choices in any manner. It is imperative to recognize that any data shared here carries no intent to influence investment decisions. Any individual considering investment moves should first seek guidance from a qualified financial advisor, taking into account the particulars of their circumstances.

It is vital to underscore that any decisions based on the information shared here are undertaken at one’s own risk. As with all investments in the stock market, it’s important to acknowledge the inherent and unpredictable risks associated with such endeavors.

Leave a Reply

Your email address will not be published. Required fields are marked *