IPO : Arvind and Company Shipping Agencies Limited
Arvind and Company Shipping Agencies Limited IPO
Arvind and Company Shipping Agencies IPO is a fixed price issue of Rs 14.74 crores. The issue is entirely a fresh issue of 32.76 lakh shares.
Thank you for reading this post, don't forget to subscribe!Arvind and Company Shipping Agencies IPO bidding opened for subscription on October 12, 2023 and will close on October 16, 2023. The allotment for the Arvind and Company Shipping Agencies IPO is expected to be finalized on Thursday, October 19, 2023. Arvind and Company Shipping Agencies IPO will list on NSE SME with a tentative listing date fixed as Wednesday, October 25, 2023.
| SYMBOL | ACSAL |
| ISSUE TYPE | Fixed Price Issue IPO |
| ISSUE OPENS ON | October 12, 2023 (Thursday) |
| ISSUE CLOSES ON | October 16, 2023 (Monday) |
| ISSUE PRICE | Rs.45 per share |
| ISSUE SIZE | Up to Rs.14.74 Crores |
| FACE VALUE | Rs.10 per share |
Arvind and Company Shipping Agencies IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹270,000.
| MINIMUM BID | 3000 shares |
| MINIMUM AMOUNT | Rs.1,35,000 |
| MAXIMUM BID | 3000 shares |
| MAXIMUM AMOUNT | Rs.1,35,000 |
| PROMOTER HOLDING | 73 % (Post-issue) |
| LISTING DATE | October 25,2023 (Wednesday) |
| LISTING AT | NSE-SME |
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Arvind and Company Shipping Agencies IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Arvind and Company Shipping Agencies IPO is Spread X Securities.
Refer to Arvind and Company Shipping Agencies IPO RHP for detailed information.
Objects of the Issue (Arvind and Company Shipping Agencies IPO Objectives)
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. Funding Capital Expenditure of the Company
2. General Corporate Purpose
3. To meet Public Issue Expenses
- SMART IPO using UPI, you can now apply online
For Existing Clients : https://gudwil.in/IPO
Open an account : https://gudwil.in/smartFurther any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999Warm Regards,
Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer