Arrowhead Seperation Engineering IPO GMP, Listing Dates, IPO Price Band, IPO Lot Size

Arrowhead Separation Engineering IPO is set to launch, with the subscription period commencing on November 16, 2023 and closing on November 20, 2023. This BSE SME IPO aims to raise ₹13.00 crores, with a 100% fresh issue of  558,000 equity shares, each with a face value of ₹10. The price band for the Arrowhead Separation Engineering IPO is fixed at ₹233 per share, with a market lot of 600 shares. The allocation for this IPO is as follows: 50% for retail investors, and 50% for high-net-worth individuals (HNI). Arrowhead Separation Engineering’s IPO Allotment will done on November 23, 2023, and Arrowhead Separation Engineering’s IPO listing date is November 28, 2023.

 

Arrowhead Separation Engineering Company Profile

Arrowhead Separation Engineering specializes in the design and manufacturing of various chemical process equipment, with a focus on continuous drying and cooling system equipment. The company is dedicated to developing high-quality equipment and providing solutions that meet international standards.

Arrowhead Separation Engineering’s primary product offerings include 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, and more.

The company’s registered office, along with its manufacturing facility, is located in Nashik, Maharashtra. The factory workshop spans 24,000 square feet, with an attached office covering 3,000 square feet. Arrowhead employs 54 permanent staff and also collaborates with industry professionals on a project-specific basis.

 

Arrowhead Separation Engineering IPO GMP

 

Arrowhead Separation Engineering IPO Objectives

The funds raised through the IPO will be utilized for:

1. Repayment of loans from NBFCs (NonBanking Financial Companies).
2. Funding working capital requirements.
3. General corporate purposes.

 

Arrowhead Separation Engineering IPO Key Details

• Arrowhead Separation Engineering IPO Open Date: November 16, 2023
• Arrowhead Separation Engineering IPO Close Date: November 20, 2023
• Arrowhead Separation Engineering IPO Size: Approximately ₹13.00 Crores, 558,000 Equity Shares
• Face Value: ₹10 Per Equity Share
• Arrowhead Separation Engineering IPO Price Band: ₹233 Per Equity Share
• Arrowhead Separation Engineering IPO Listing on: BSE SME
• Retail Quota: 50% of the net offer
• NII Quota: 50% of the net offer

 

Arrowhead Separation Engineering IPO Timeline

• Arrowhead Separation Engineering IPO Open Date: November 16, 2023
• Arrowhead Separation Engineering IPO Close Date: November 20, 2023
• Basis of Allotment: November 23, 2023
• Refunds: November 24, 2023
• Credit to Demat Account: November 28, 2023
• Arrowhead Separation Engineering IPO Listing Date: November 28, 2023

 

How to Apply for Arrowhead Separation Engineering IPO

Investors can apply for the Arrowhead Separation Engineering IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Arrowhead Separation Engineering Financial Performance (in Crores)

•  Year 2021: Revenue ₹9.17, Expense ₹10.40, PAT ₹1.79
•  Year 2022: Revenue ₹10.92, Expense ₹10.79, PAT ₹0.09
•  Year 2023: Revenue ₹21.72, Expense ₹19.88, PAT ₹1.69
•  Year 2024 (3 Months): Revenue ₹8.82, Expense ₹7.96, PAT ₹0.64

 

Arrowhead Separation Engineering Valuation  FY2023

•  Earning Per Share (EPS): ₹12.88 per Equity Share
•  Price/Earning (P/E) Ratio: NA (Not available)
•  Return on Net Worth (RoNW): 68.75%
•  Net Asset Value (NAV): ₹18.74 per Equity Share

 

Arrowhead Separation Engineering Peer Group

No Peer Group

 

Arrowhead Separation Engineering Company Promoters

• Mr. Ajit Mundle
• Ms. Jyoti Mundle.

 

Arrowhead Separation Engineering IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com

 

Arrowhead Separation Engineering IPO Allotment Status Check

• Check the Arrowhead Separation Engineering IPO allotment status on the Cameo Corporate Service website.

 

Arrowhead Separation Engineering IPO Lead Managers (Merchant Bankers)

• Aryaman Financial Services Limited

 

Arrowhead Separation Engineering Company Address

Survey No 39, Village Mundhegaon,

Tal Igatpuri, Nashik 422403

Phone: +91 84228 2906

Email: info@arrowheaddryers.co.in

Website: https://www.arrowheaddryers.com

 

Arrowhead Separation Engineering IPO FAQs

 

What is Arrowhead Separation Engineering IPO?

Arrowhead Separation Engineering IPO is an NSE SME IPO. They are going to raise ₹13.00 Crores via IPO. The issue is priced at ₹233 per equity share. The IPO is to be listed on BSE.

 

When Arrowhead Separation Engineering IPO will open?

The IPO is to open on November 16, 2023 for NII, and Retail Investors.

 

What is Arrowhead Separation Engineering IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

 

How to Apply the Arrowhead Separation Engineering IPO?

You can apply for Arrowhead Separation Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Arrowhead Separation Engineering IPO through Zerodha?

For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.

 

How to Apply the Arrowhead Separation Engineering IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Arrowhead Separation Engineering IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Arrowhead Separation Engineering IPO Size?

Arrowhead Separation Engineering’s IPO size is ₹13.00 crores.

 

What is Arrowhead Separation Engineering IPO Price Band?

Arrowhead Separation Engineering IPO Price Band is ₹233 per equity share.

 

What is Arrowhead Separation Engineering IPO Minimum and Maximum Lot Size?

The IPO bid is 600 shares with ₹139,800.

 

What is Arrowhead Separation Engineering IPO Allotment Date?

Arrowhead Separation Engineering IPO allotment date is November 23, 2023.

 

What is Arrowhead Separation Engineering IPO Listing Date?

Arrowhead Separation Engineering IPO listing date is November 28, 2023. The IPO to list on BSE SME.