Arvind and Company Shipping Agency Limited
ListedSMEEmerging SME Services · NSE
Incorporated in September 1987, Arvind and Company Shipping Agency is based in Jamnagar, Gujarat, and specializes in marine vessel services and ancillary equipment. The company operates various vessels, including Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Tugs, catering to multinational corporations. Expanding beyond shipping, the company has also ventured into the hospitality sector with Hotel Millennium Plaza and Hotel 999. With 15+ employees and 850+ completed projects, the company continues to grow with a strong foundation in shipping and logistics. Competitive Strengths: Experienced Promoters and Management Team Cost-efficient operations and competitive pricing Strategic location for strong vendor and customer relations
Price Band
₹45
Issue Size
₹14.74 Cr
Lot Size
3000 shares
GMP
₹18
+40.0%
Est. Listing
₹63
at current GMP
Subscribed
379.06x
overall
Open
12 Oct 2023
Close
16 Oct 2023
Allotment
19 Oct 2023
Refund
20 Oct 2023
Demat Credit
21 Oct 2023
Listing
25 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹45 - ₹45 per equity share
- •Minimum bid lot is 3000 shares
- •Estimated listing target of ₹63 based on current grey market activity