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 Name | Arvind and Company Shipping Agency Limited |
| Domain of Company | Business of Carrying and Forwarding Agents |
| Arvind and Company Shipping Agency IPO GMP Today | ₹20 |
| Arvind and Company Shipping Agency IPO Listing Gain | 25.97% |
| Arvind and Company Shipping Agency IPO Open Date | October 12, 2023 |
| Arvind and Company Shipping Agency IPO Close Date | October 16, 2023 |
| Arvind and Company Shipping Agency IPO Allotment Date | October 19, 2023 |
| Arvind and Company Shipping Agency IPO Listing Date | October 25, 2023 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Issue Size | 3,276,000 shares of ₹10 (aggregating up to ₹14.74 Cr) |
| Fresh Issue | 3,276,000 shares of ₹10 (aggregating up to ₹14.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr Arvind Kantilal Shah, Mr Vinit Arvind Shah, Mrs Parul Arvind Shah and Mr Chintan Arvind Shah |
Arvind and Company Shipping Agency IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹20 | 25.97% | – | – |
| 11 October 2023 | ₹20 | 25.97% | – | – |
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:
- Our founders and management team have a lot of experience.
- We manage our costs well and run our operations efficiently.
- 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.)
