Open Date
12 Oct 2023
16 Oct 2023
3000 shares
₹14.74 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹45 per share
Close Date
Allotment Date
19 Oct 2023
25 Oct 2023
Arvind and Company Shipping Agency was founded in September 1987 in Jamnagar, Gujarat. The corporation deals with carrying and forwarding agents. Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Cargo Tugs are among the boats used by the company. The company primarily provides marine vessel and ancillary equipment services and delivers equipment to global corporations. The company has also broadened its horizons by entering the hospitality industry with Hotel Millennium Plaza and Hotel 999.
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
The book-running lead managers to the offer are: Beeline Capital Advisors Pvt Ltd
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