Arrowhead seperation engineering IPO- gmp, detail analysis, price 2023

Arrowhead seperation engineering IPO description – Arrowhead  India Limited is coming up with its Initial public offering. The IPO will be open for subscription on November 16, 2023

 

Arrowhead seperation engineering IPO – Details

 

IPO Open Date 16 November 2023
IPO Close Date 20 November 2023
Issue Type Fixed Price Issue IPO
Issue Size 5,58,000 Shares Worth ₹13 Crore

Fresh Issue: 5,58,000 Shares Worth ₹13 Crore

Face Value ₹10 per equity share
IPO Price ₹233
Market Lot 600 Shares
Minimum Order 600 Shares (1 Lot)
Listing At BSE SME
Register Cameo Corporate Services Limited
Retail Shares Offered 50%
Other Shares Offered 50%

 

 

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Arrowhead seperation engineering IPO – Date Schedule

 

IPO Opening Date 16 November 2023
IPO Closing Date 20 November 2023
Finalization of Basis of Allotment 23 November 2023
Refunds Initiation 24 November 2023
Transfer of shares to demat accounts 28 November 2023
Listing Date of IPO 29 November 2023

 

Arrowhead seperation engineering IPO – About Company 

 

Arrowhead Seperation Engineering Limited is engaged in design and manufacture of various chemical process Equipments with specialization in continuous drying and cooling system equipment.

The company 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 manufacturing facility at Survey No 39, Village Mundhegaon, Tal Igatpuri, Nashik, 422403, Maharashtra. The factory workshop area is 24000 sq. ft. with an attached office of 3000 sq. ft.

The company is in dryer manufacturing business for more than two decades.

As of June 2023, the company employee strength of 54 persons and also employs industry professionals for project-specific work on professional basis from time to time.

 

arrowhead seperation engineering IPO

 

Arrowhead IPO – Industry Overview 

 

The engineering sector is the largest of the industrial sectors in India. It accounts for 27% of the total factories in the industrial sector and represents 63% of the overall foreign collaborations. Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables. India has a competitive advantage in terms of manufacturing costs, market knowledge, technology, and innovation in various engineering sub-sectors. India‘s engineering sector has witnessed a remarkable growth over the last few years, driven by increased investment in infrastructure and industrial production. The engineering sector, being closely associated with the manufacturing and infrastructure sectors, is of huge strategic importance to India‘s economy. 

 

Arrowhead IPO – Financial Performance

FY 2021 FY 2022 FY 2023 Q1 FY 2024
Revenue 912.29 1,087.13 2,150.10 872.26
Expenses 1,039.68 1,078.81 1,987.77 795.72
Net income (179.19) 9.17 169.18 64.34

Figures in INR Lakhs

 

Arrowhead IPO – Valuations & Margins

 

FY 2021 FY 2022 FY 2023
EPS (13.64) 0.70 12.88
PE ratio 18.09
RONW (%) (263.19) 11.87 68.75
NAV 8.42 9.56 18.74
EBITDA (%) (4.81) 9.91 14.91
ROCE (%) (7.55) 13.17 30.94
Debt/Equity 8.82 9.05 3.30

 

Arrowhead seperation engineering IPO– Prospectus

 

 

Arrowhead IPO – Competitive Strengths

 

  • Relationship with Customers & Suppliers.
  • Customized product for each client.
  • Location of Manufacturing Unit.
  • Qualified and Experienced Executive Directors.
  • Wide range of products.

 

Object Of The Issue

 

  • Repayment of Loan from NBFC’s.
  • Funding Working capital requirements.
  • General Corporate Purposes.

 

Arrowhead  IPO GMP Today

 

Date IPO GMP Kostak Subject to Sauda
Coming soon

 

Arrowhead IPO – Allotment Status

Arrowhead  IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Arrowhead IPO – Lots Size & Price

 

Application Lots Shares Amount ( Cut-Off)
Retail (Min) 1 600 1,39,800
Retail (Max) 1 600 1,39,800
HNI (Min) 2 1200 2,79,600

 

2023-10-13 (4)

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