Arabian Petroleum (NSE SME)
September 25, 2023 – September 27, 2023
| Price | ₹70 - ₹70 |
| Premium | ₹9 |
|---|---|
| Lot size | 2000 |
| Allotment | Oct 4, 2023 |
| Listing | Oct 9, 2023 |
Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging, Ambernath (W),
Ambernath, Thane - 421505
Phone: +0251-2395601
Email: cs@arabianpetroleum.co.in
Website: https://www.arabianpetroleum.co.in/index.php
Last updated on 27-Sep-2023 17:00:15
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 13,72,000 | 2,17,22,000 | 15.83 |
| RETAIL | 13,72,000 | 3,18,18,000 | 23.19 |
| Total | 27,44,000 | 5,35,40,000 | 19.51 |
| Retail Apps | 15,909 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 140000 | 0 |
| HNI | 2 | 4000 | 280000 | 0 |
Incorporated in 2006, Arabian Petroleum Limited manufactures a wide range of Lubricants including Specialty Oils, Coolants, etc. used for application in automobiles and industrial machines and appliances.
The company has two product divisions:
- Automotive Lubricants - Arzol: This includes Two Wheeler Four Stroke Engine Oils, Passenger Car Motor Oils, Diesel Engine Oils, Gear and transmission Oils, Universal Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.
- Industrial Lubricants - SPL: SPL brand of Industrial Lubricants provides products that improve productivity, reduce mechanical wear, prevent system failure, and reduce energy costs, by extending the efficiency and performance of machines.
Arabian Petroleum's clientele comes from domestic and international markets spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors, and automobile industry, etc.
Arabian Petroleum IPO Details
| Issue Size | 2,892,000 shares (aggregating up to ₹20.24 Cr) |
| Fresh Issue | 2,892,000 shares (aggregating up to ₹20.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,000,000 |
| Share holding post issue | 10,892,000 |
| Market Maker portion | 148,000 shares Hem Finlease |
Arabian Petroleum IPO Reservation
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 5,031.88 | 7,134.94 | 7,650.88 |
| Revenue | 11,024.54 | 19,159.10 | 24,394.68 |
| Profit | 287.54 | 414.34 | 486.48 |
| Net Worth | 1,301.98 | 1,716.32 | 2,202.80 |
| Reserves | 1,101.98 | 1,516.32 | 1,402.80 |
| Borrowing | 2,197.75 | 2,948.97 | 3,830.66 |