Arvind and Company Shipping Agency IPO GMP Today

Arvind and Company Shipping Agency IPO GMP Today

The Arvind and Company Shipping Agency IPO commenced on October 12, 2023, and concluded on October 16, 2023. The allotment of shares took place on October 19, 2023, and the initiation of refunds began on October 20, 2023. The shares were credited to the demat accounts of investors on October 23, 2023. Finally, the listing of Arvind and Company Shipping Agency on the stock exchange occurred on October 25, 2023.

The Arvind and Company Shipping Agency IPO was priced at ₹45 per share, with a lot size of 3000 shares. The total issue size was ₹14.74 crores, comprising a fresh issue of 14.74 crores. The IPO was listed on the NSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

Arvind and Company Shipping IPO Basic Details

Company NameArvind and Company Shipping Agency Limited
Domain of CompanyBusiness of Carrying and Forwarding Agents
Arvind and Company Shipping Agency IPO GMP Today₹20
Arvind and Company Shipping Agency IPO Listing Gain25.97%
Arvind and Company Shipping Agency IPO Open DateOctober 12, 2023
Arvind and Company Shipping Agency IPO Close DateOctober 16, 2023
Arvind and Company Shipping Agency IPO Allotment DateOctober 19, 2023
Arvind and Company Shipping Agency IPO Listing DateOctober 25, 2023
Face Value₹10 per share
Price₹45 per share
Lot Size3000 Shares
Issue Size3,276,000 shares of ₹10
(aggregating up to ₹14.74 Cr)
Fresh Issue3,276,000 shares of ₹10
(aggregating up to ₹14.74 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Company PromotersMr Arvind Kantilal Shah,
Mr Vinit Arvind Shah,
Mrs Parul Arvind Shah and
Mr Chintan Arvind Shah

Arvind and Company Shipping Agency IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹2025.97%
11 October 2023₹2025.97%

Arvind and Company Shipping Agency IPO Details:

Arvind and Company Shipping Agency started in September 1987 and is located in Jamnagar, Gujarat. Our main focus is on being middlemen in the shipping industry. We use various types of vessels like Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and tugs for Cargo. Our primary service is related to Marine Vessels and Ancillary equipment, and we supply equipment to big companies.

We’ve expanded our business by getting into the hospitality sector with Hotel Millennium Plaza and Hotel 999.

We have a team of over 15 employees and have successfully completed more than 850 projects.

What sets us apart:

  1. Our founders and management team have a lot of experience.
  2. We manage our costs well and run our operations efficiently.
  3. Our facilities are strategically located, allowing us to work closely with both vendors and customers.

Arvind and Company Shipping Agency IPO More Details Click Here

Arvind and Company Shipping Agency IPO FAQs

When is Arvind and Company Shipping Agency IPO open?

Arvind and Company Shipping Agency IPO will open on 12 October 2023.

When is Arvind and Company Shipping Agency IPO Close?

Arvind and Company Shipping Agency IPO will be closed on 16 October 2023.

What is Arvind and Company Shipping Agency IPO GMP Today?

The Arvind and Company Shipping Agency IPO GMP aka Grey Market Premium is ₹20.

What is Arvind and Company Shipping Agency IPO Kostak Rates Today?

The Arvind and Company Shipping Agency IPO Kostak Rate is ₹000.

What is Arvind and Company Shipping Agency IPO Subject to Sauda Price Today?

The Arvind and Company Shipping Agency IPO subject to sauda rates is ₹000.

Arvind and Company Shipping Agency IPO Expected Returns?

The Arvind and Company Shipping Agency expected return is 25.97%.

How much will be the listing gain in Arvind and Company Shipping Agency IPO?

Arvind and Company Shipping Agency IPO will get listing gain of 25.97%. (Approx.)

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