Arabian Petroleum IPO Details ( Arabian Petroleum Limited IPO Review )
(25 Sep 2023 – 27 Sep 2023)
Arabian Petroleum Limited, established in 2006, is a company that makes a variety of Lubricants. These Lubricants, such as Specialty Oils and Coolants, are used in vehicles and industrial machines.
The company has two main product divisions:
- Automotive Lubricants – Arzol: This division includes products like Engine Oils for Two-Wheelers and Passenger Cars, Diesel Engine Oils, Gear and Transmission Oils, Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.
- Industrial Lubricants – SPL: Under the SPL brand, Arabian Petroleum offers industrial lubricants that enhance productivity, reduce mechanical wear, prevent system failures, and lower energy costs. These lubricants improve the efficiency and performance of machines.
Arabian Petroleum serves clients from both domestic and international markets, spanning various industries. Their clientele includes pharmaceutical, FMCG, chemical, steel, rubber and tire, power, civil engineering, electrical appliances, textile, telecommunications, chemicals, cables, conductors, and the automotive industry, among others.
Arabian Petroleum Limited IPO Competitive Strength
- One Stop Shop for All Lubricant
- Research and developm0ent capabilities allowing product innovation and customization
- Long Standing Relationship with our customers
- Quality Assurance and Standards
- Experienced and Qualified Management
Arabian Petroleum IPO Financials Performance ( Results )
Arabian Petroleum Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 5,031.88 | 11,024.54 | 287.54 | 3.59 | 1,301.98 | 16.27 | 1,101.98 | 2,197.75 |
| 31-Mar-22 | 7,134.94 | 19,159.10 | 414.34 | 5.18 | 1,716.32 | 21.45 | 1,516.32 | 2,948.97 |
| 31-Mar-23 | 7,650.88 | 24,394.68 | 486.48 | 6.08 | 2,202.80 | 27.54 | 1,402.80 | 3,830.66 |
Objective of Arabian Petroleum IPO Issue
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses.
Arabian Petroleum IPO Basic Details
| IPO Date | Sep 25, 2023 to Sep 27, 2023 |
| Listing Date | Monday, October 9, 2023 |
| Face Value | ₹10 per share |
| Price | ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,892,000 shares of ₹10 (aggregating up to ₹20.24 Cr) |
| Fresh Issue | 2,892,000 shares of ₹10 (aggregating up to ₹20.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,000,000 |
| Share holding post issue | 10,892,000 |
| Company Promoters | Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta |
Arabian IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Arabian IPO Timetable
Arabian IPO will open on September 25, 2023 and close on September 27, 2023. You can join Arabian IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 September 2023 (Monday) |
| Closing Date | 27 September 2023 (Wednesday) |
| Basis of Allotment | 4 October 2023 (Wednesday) |
| Initiation of Refunds | 5 October 2023 (Thursday) |
| Credit of Shares to Demat | 6 October 2023 (Friday) |
| Listing Date | 9 October 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on September 2023 |
Arabian IPO Lot Size
For retail investors in Arabian IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Arabian Petroleum IPO Promoter Holding
The company’s promoters include Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.45% |
Arabian Petroleum Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹6.08 per Equity Share |
| Net Asset Value (NAV) | ₹27.54 per Equity Share |
| P/E Ratio (P/E) (x) | 11.51 |
| Return on Net Worth (RoNW) (%) | 22.08 |
| Return on equity (ROE) (%) | 22.08 |
| Return on Capital Employed (ROCE) (%) | 32.47 |
| Debt/Equity Ratio | Coming Soon |
Arabian Petroleum Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | Book Value (₹) |
| Arabian Petroleum Limited | Consolidated | 70.00 | 10.00 | 6.08 | 11.51 | 22.08 | 76.17 |
| Peer Group | |||||||
| Tide Water Oil Co. (India) Limited | Consolidated | 1241.25 | 10.00 | 67.37 | 18.42 | 17.08 | 438.25 |
| GP Petroleums Limited | Consolidated | 45.36 | 10.00 | 4.94 | 9.18 | 78.52 | 54.17 |
Arabian Petroleum IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 September 2023 | ₹20 | – | – |
| 25 September 2023 | ₹20 | – | – |
| 24 September 2023 | ₹0 | – | – |
| 23 September 2023 | ₹0 | – | – |
| 22 September 2023 | ₹0 | – | – |
| 21 September 2023 | ₹0 | – | – |
Arabian Petroleum IPO Detail Video:
Arabian Petroleum IPO Subscription Status (Bidding Detail)
The Arabian Petroleum IPO on September 27, 2023 at 7:30:00 PM was subscribed 19.91 times, with the retail category being subscribed 23.19 times, the other category being subscribed 15.72 times,
| Category | Subscription |
| Other | 15.72x |
| Retail | 23.19x |
| Total | 19.91x |
Arabian Petroleum IPO Prospectus
| Arabian Petroleum IPO DRHP | Download |
| Arabian Petroleum IPO RHP | Download |
| Arabian Petroleum IPO Anchor Investors Details PDF | Download |
Arabian Petroleum IPO Rating
| Our Rating | 2.5/5.0 |
Arabian Petroleum Company Contact Information
Arabian Petroleum Limited
Registered Office: Plot 14-B, Morivali M.I.D.C., Opp. Positive Packaging,
Ambernath (W), Ambernath Thane – 421505, Maharashtra, India
Contact Person: Ms. Sejal Vishek Jain, Company Secretary & Compliance Officer
Tel No: +0251-2395601
E-mail: cs@arabianpetroleum.co.in
Website: www.arabianpetroleum.co.in
Promoters of our Company: Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta
Arabian Petroleum IPO Registrar
Purva Sharegistry (India) Pvt. Ltd.
Registered Office: Unit No. 9, Ground Floor, Shiv Shakti Industrial. Estate, J. R. Boricha Marg,
Lower Parel East, Mumbai-400011, Maharashtra, India.
Tel No.: 91 22 2301 8261
Fax No.: +91-022-23012517
Website: www.purvashare.com
Email: support@purvashare.com
Investor Grievance Email: support@purvashare.com
Contact Person: Ms. Deepali Dhuri
SEBI Regn. No.: INR000001112
Arabian Petroleum IPO Lead Manager
Hem Securities Limited
Registered Office: 904,A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Website: www.hemsecurities.com
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Contact Person: Mrs. Roshni Lahoti
SEBI Regn. No. INM000010981
Arabian Petroleum IPO FAQs
What is the lot size of Arabian Petroleum IPO?
The total size of Arabian Petroleum IPO is ₹20.24 crores and this is a complete fresh Issue.
When will Arabian Petroleum IPO start?
Arabian Petroleum IPO will open from 25 September 2023 and IPO will close on 27 September 2023.
What is the open date of Arabian Petroleum IPO?
Arabian Petroleum IPO will open date from 25 September 2023.
What is the last date ( close date ) of Arabian Petroleum IPO?
Arabian Petroleum IPO will close from 27 September 2023.
What is the price band of Arabian Petroleum IPO?
Arabian Petroleum IPO price band is ₹70.
What is the minimum amount required to apply for Arabian Petroleum IPO?
The minimum investment for retailers to apply for Arabian Petroleum IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Arabian Petroleum IPO?
View gray market premium of Arabian Petroleum IPO by Clicking Here
How much is the GMP of Arabian Petroleum IPO?
Watch Arabian Petroleum IPO GMP Today: Click Here
What is the allotment date of Arabian Petroleum IPO?
The allotment date of Arabian Petroleum IPO is 4 October 2023.
How to check allotment status in Arabian Petroleum IPO?
To check the allotment status of Arabian Petroleum IPO, first of all go to the registrar website by clicking here, select your bad Arabian Petroleum IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Arabian Petroleum IPO?
The listing date of Arabian Petroleum IPO is 9 October 2023.
How much will be the listing gain in Arabian Petroleum IPO?
View listing gain of Arabian Petroleum IPO by Clicking Here
How much time Arabian Petroleum IPO is subscribed?
Total 19.91 times subscribed in Arabian Petroleum IPO out of which 23.19 times subscription was done in retail quota, 15.72 times subscription in other quota.
How to apply for Arabian Petroleum IPO from Upstox?
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How to apply for Arabian Petroleum IPO from Zerodha?
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How to apply for Arabian Petroleum IPO from Angle One?
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