Arrowhead Seperation Engineering Limited IPO
₹233
600
94.79
| Open Date: | 16-Nov-2023 |
| Close Date: | 20-Nov-2023 |
| Allotment Date: | 23-Nov-2023 |
| Listing Date: | 28-Nov-2023 |
| Listing Price: | ₹190.05/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹233 Per Equity Share |
| Issue Size: | Total Issue Size 558,000 shares (aggregating up to ₹13.00 Cr) : Fresh Issue 558,000 shares (aggregating up to ₹13.00 Cr) |
| Market Lot (Min Amount): | Retail - ₹139,800 : HNI - ₹279,600 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 2,64,000 | 2,64,000 | 5,28,000 |
| Day 1 - 16-11-23 05:00 PM | 2.63x | 18.97x | 10.80x |
| Day 2 - 17-11-23 05:00 PM | 7.85x | 54.61x | 31.44x |
| Day 3 - 20-11-23 05:00 PM | 46.02x | 142.30x | 94.79x |
| Total No. of Application: | 69,474 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 157.90x | ||
| Earning Per Share(EPS) | ₹12.88/- |
| P/E Ratio | 18.09 |
| RoNW | 68.75% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 2,070.53 | 2,171.57 | 169.18 |
| 31 Mar,2022 | 1,832.23 | 1,091.73 | 9.17 |
| 31 Mar,2021 | 1,567.43 | 916.63 | -179.19 |
| Pre Issue Share Holding | 50% |
| Post Issue Share Holding | 35.09% |
| 1. Mr. Ajit Mundle |
| 2. Ms. Jyoti Mundle |
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects (collectively, referred to herein as the "Objects"):
1. Repayment of Loan from NBFC's;
2. Funding Working capital requirements;
3. General Corporate Purpose;
Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchange including enhancing visibility and the brand image among the existing and potential customers and creating a public market for the Equity Shares in India.
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 Dryers, 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 people and also employs industry professionals for project-specific work on a 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
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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