Arrowhead Seperation Engineering (BSE SME)
November 16, 2023 – November 20, 2023
| Price | ₹233 - ₹233 |
| Premium | ₹25 |
|---|---|
| Lot size | 600 |
| Allotment | Nov 22, 2023 |
| Listing | Nov 28, 2023 |
Arrowhead Seperation Engineering Limited
Survey No 39,
Village Mundhegaon, Tal
Igatpuri, Nashik 422403
Phone: + 91 84228 2906
Email: info@arrowhead-dryers.co.in
Website: https://www.arrowhead-dryers.com/
Last updated on 20 Nov 2023 | 05:53:36 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 2,64,000 | 1,25,14,800 | 47.4 |
| Retail | 2,64,000 | 3,75,66,600 | 142.3 |
| Total | 5,28,000 | 5,00,81,400 | 94.85 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 600 | 139800 | 440 |
| HNI | 2 | 1200 | 279600 | 440 |
Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in the manufacturing, trading and exporting of various types of dryers such as Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, etc. The company's focus is to meet the expectations of the customers by providing them with high-quality products that meet their satisfaction. Additionally, the company follows ethical business practices and maintains complete transparency in all transactions to build and maintain strong relationships with the customers.
As of June 2023, the company employs 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.
The core strength of the company lies in the following:-
- Customized Product for each Client
- Qualified and experienced Executive Directors
- Wide range of products
Arrowhead Seperation Engineering IPO Details
| Issue Size | 558,000 shares (aggregating up to ₹13.00 Cr) |
| Fresh Issue | 558,000 shares (aggregating up to ₹13.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,313,325 |
| Share holding post issue | 1,871,325 |
| Market Maker portion | 30,000 shares Aryaman Capital Markets |
Arrowhead Seperation Engineering IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Arrowhead Seperation Engineering IPO Lead Manager(s)
Aryaman Financial Services Limited
Company Financials
Arrowhead Seperation Engineering Limited Financial Information (Restated)
Arrowhead Seperation Engineering Limited's revenue increased by 98.91% and profit after tax (PAT) rose by 1744.93% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 2,180.62 | 2,070.53 | 1,832.23 | 1,567.43 |
| Revenue | 881.71 | 2,171.57 | 1,091.73 | 916.63 |
| Profit | 64.34 | 169.18 | 9.17 | -179.19 |
| Net Worth | 310.41 | 246.07 | 77.26 | 68.09 |
| Reserves | 179.08 | 114.74 | -3.56 | -12.73 |
| Borrowing | 896.02 | 812.67 | 699.45 | 600.59 |
| Amount in ₹ Lakhs | ||||