Arrowhead Seperation Engineering Limited
IPO Details
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Lot Distribution
Reservation
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.
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.
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."
- Customized Products: Ability to develop and tailor products based on specific client requirements.
- Experienced Leadership: Led by qualified and experienced Executive Directors with strong domain expertise.
- Wide Product Range: Offers an extensive portfolio catering to diverse customer needs.
NA
- Mr. Ajit Mundle
- Ms. Jyoti Mundle
Arrowhead Seperation Engineering Limited
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