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
Overall Subscription
379.06x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
436.16x
High Net-Worth
Retail (RII)
321.97x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,554,000 | 677,787,000 | 436.16x |
| RETAIL | 1,554,000 | 500,337,000 | 321.97x |
| Total | 3,108,000 | 1,178,124,000 | 379.06x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 382 | 122,993 | 321.97x |
| HNIs (10L +) | 2 | 872 | 436.16x |
| HNIs (2-10L) | 12 | 5,234 | 436.16x |
| Total Applications | 396 | 129,099 | 326.01x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Arvind and Company Shipping Agency Limited Public Issue & Market Profile
Arvind and Company Shipping Agency Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.74 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Skyline Financial Services Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-21, while un-allotted funds or UPI block mandates will be released on 2023-10-20.
Frequently Asked Questions
What is Arvind and Company Shipping Agency Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Arvind and Company Shipping Agency Limited IPO is ₹18 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹63 (+40.0% expected listing gain).
What is the expected profit per lot for Arvind and Company Shipping Agency Limited IPO?
With a lot size of 3000 shares and current GMP of ₹18, the expected profit per application lot is approx ₹54,000 (+40.0% gain). Minimum application cost is approx ₹1,35,000.
What is the issue size and price band for Arvind and Company Shipping Agency Limited IPO?
The Arvind and Company Shipping Agency Limited IPO aggregate issue size is ₹14.74 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
How can I check Arvind and Company Shipping Agency Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 379.06x (Retail: 321.97x, QIB: 0.00x, NII: 436.16x). You can track live multiples directly on our dedicated subscription page.
Where and when will Arvind and Company Shipping Agency Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Ltd) and the BSE status verification website on or around 2023-10-19. Investors can verify status using PAN card or application number.
When is the listing date for Arvind and Company Shipping Agency Limited IPO?
Arvind and Company Shipping Agency Limited shares are scheduled to list on NSE on 2023-10-25.