Arrowhead Seperation Engineering (BSE SME)

Nov 16, 2023 - Nov 20, 2023

Price ₹233 - ₹233
Premium ₹25
Lot size 600
Allotment Nov 22, 2023
Listing Nov 28, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 600 139800 440
HNI 2 1200 279600 440

Last updated on 20 Nov 2023 | 05:53:36 PM

CategoryOfferedAppliedTimes
HNIs2,64,0001,25,14,80047.4
Retail2,64,0003,75,66,600142.3
Total5,28,0005,00,81,40094.85
About

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
Lead Manager(s)
Strength
Weakness
Registrar

Cameo Corporate Services Limited

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