Arrowhead Seperation Engineering IPO subscription is to open on Nov 16, 2023 and will close on Nov 20, 2023, the price band of the Arrowhead Seperation Engineering IPO is fixed at ₹ 233.
Table of Contents
About Arrowhead Seperation Engineering
Arrowhead Seperation Engineering is primarily engaged in design and manufacture of various chemical process Equipments with specialization in continuous drying and cooling system equipment.
Objects of the Issue
- Repayment of Loan from NBFC’s;
- Funding Working capital requirements;
- General Corporate Purpose;
Arrowhead Seperation Engineering Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 2,070.53 | 1,832.23 | 1,567.43 |
| Total income | 2,171.57 | 1,091.73 | 916.63 |
| Total Expenses | 1,987.77 | 1,078.81 | 1,039.68 |
| Profit After Tax | 169.18 | 9.17 | -179.19 |
Arrowhead Seperation Engineering IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Fresh Issue of 5,58,000 Equity Shares aggregating to ₹ 1,300.14 Lakhs |
| Issue Open Date | 16-Nov-23 |
| Issue Close Date | 20-Nov-23 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 233 |
| Face Value | ₹ 10 |
| Market Lot | 600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | ARROWHEAD |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Arrowhead Seperation Engineering IPO DRHP & RHP
- Arrowhead Seperation Engineering IPO DRHP
- Arrowhead Seperation Engineering IPO RHP
Arrowhead Seperation Engineering IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 600 | 139,800 |
| Maximum | 1 | 600 | 139,800 |
Arrowhead Seperation Engineering IPO Lead Managers
- Aryaman Financial Services Limited
Arrowhead Seperation Engineering IPO Registrar
- Cameo Corporate Services Ltd
Arrowhead Seperation Engineering IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 16-Nov-23 |
| Bid / Offer Closes on | 20-Nov-23 |
| Finalisation of Basis of Allotment | 23-Nov-23 |
| Initiation of refunds | 24-Nov-23 |
| Credit of the Equity Shares | 28-Nov-23 |
| Listing Date | 29-Nov-23 |
Company Corporate Office
W-164/E, T.T.C Industrial Area,
Village Pawane,
Thane Belapur Road,
Navi Mumbai 400710
Website: www.arrowhead-dryers.com
Company Registered Office
Survey No 39 Village
Mundhegaon Tal Igatpuri
Nashik-422403
Company Promoters
- Ajit Mundle
- Jyoti Mundle
Arrowhead Seperation Engineering IPO – FAQS
When Arrowhead Seperation Engineering IPO will open?
The Arrowhead Seperation Engineering IPO opens on Nov 16, 2023 and closes on Nov 20, 2023
What is the lot size of Arrowhead Seperation Engineering IPO?
The Arrowhead Seperation Engineering IPO lot size is 600 Equity Shares and the minimum order quantity is 600 Equity Shares
Who is the Registrar for Arrowhead Seperation Engineering IPO?
The Registrar for Arrowhead Seperation Engineering IPO is Cameo Corporate Services Ltd
How to apply in Arrowhead Seperation Engineering IPO through UPI?
Check the step by step process here – Click here
How to apply in Arrowhead Seperation Engineering IPO through Zerodha?
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