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Arrowhead Seperation Engineering Limited Logo

Arrowhead Seperation Engineering Limited

Nov 16, 2023 – Nov 20, 2023
Listed Price:
₹250.00
(+7.30%)
Price Band₹233 - ₹233
Lot Size600 Shares
Allotment DateNov 22, 2023
Listing DateNov 28, 2023
Subscription94.85 Times
Issue Size₹13.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹25
(10.73%)

Premium (ELP)

Arrowhead Seperation Engineering Limited's completed its IPO journey with a successful listing on BSE on Nov 28, 2023. The public offering mobilized 5,58,000 Shares in total capital, comprising 5,58,000 Shares in fresh equity.

The offering was conducted within the price band of ₹233 to ₹233, with minimum application lots of 600 shares. Investor participation during the Nov 16, 2023 to Nov 20, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Nov 22, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Arrowhead Seperation IPO Details
IPO Date
:
Nov 16, 2023 to Nov 20, 2023
Allotment Date
:
Nov 22, 2023
List Date
:
Nov 28, 2023
Lot Size
:
600 share
Issue Price
:
₹233 - ₹233
Issue Size
:
5,58,000 (aggregating up to 13.00 Cr)
Fresh Issue
:
5,58,000 (aggregating up to 13.00 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
13,13,325
Share Holding Post-Issue
:
18,71,325
Market Marker Portion
:
30,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares5,58,000
Retail
47.31%(2,64,000)
NII(HNI)
47.31%(2,64,000)
Market Maker
5.38%(30,000)
Total
100.00%(5,58,000)
Arrowhead Seperation IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in Lakhs)
Arrowhead Seperation IPO About Company

Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in manufacturing, trading, and exporting a wide range 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, and Continuous Particulate Dryer. The company focuses on meeting customer expectations by delivering high-quality products while maintaining ethical business practices and complete transparency to build strong customer relationships. As of June 2023, the company employs 54 people and also hires industry professionals on a project basis whenever required.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Arrowhead Seperation IPO Strength Factors
  1. Customized Products: Ability to develop and tailor products based on specific client requirements.
  2. Experienced Leadership: Led by qualified and experienced Executive Directors with strong domain expertise.
  3. Wide Product Range: Offers an extensive portfolio catering to diverse customer needs.
⚠️Arrowhead Seperation IPO Risk Factors

NA

🏦Arrowhead Seperation IPO Lead Manager(s)
Aryaman Financial Services Limited
👤Arrowhead Seperation IPO Promoter(s)
  1. Mr. Ajit Mundle
  2. Ms. Jyoti Mundle
🏢Arrowhead Seperation IPO Company Details

Arrowhead Seperation Engineering Limited

Phone:+ 91 84228 2906
address:Survey No 39, Village Mundhegaon, Tal Igatpuri, Nashik 422403
📋Arrowhead Seperation IPO Registrar

Cameo Corporate Services Limited

Name:Cameo Corporate Services Limited
Phone:+91-44-28460390
❓Arrowhead Seperation IPO FAQs
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