1. Home
  2. SME IPO
  3. Arabian Petroleum Ltd IPO
Arabian Petroleum IPO

Arabian Petroleum IPO

  • Status: Closed
  • RHP:
  • ₹ 140,000 / 2000 shares

    Minimum Investment

IPO Details

  • Open Date

    25 Sep 2023

  • Close Date

    27 Sep 2023

  • IPO Price Range

    ₹ 70

  • IPO Size

    ₹ 20.24 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    09 Oct 2023

With just a few clicks, Invest in IPO's!

+91
Resend OTP

By proceeding, you agree to all T&C*

hero_form
Timeline Subscription Status Objective Financials SWOT FAQ Contacts

IPO Timeline

Arabian Petroleum IPO Subscription Status

Last Updated: 03 January 2024 8:57 PM by 5Paisa

Arabian Petroleum Limited IPO is all set to open from 25th September to 27th September 2023. The company is engaged in the business of producing various Lubricants including Specialty Oils, Coolants, etc. The IPO includes a fresh issue of 2,892,000 shares worth ₹20.24 cr. The share allotment date is 4th October, and the IPO will be listed on 9th October, on the stock exchanges. The price band is ₹70 per share and the lot size is 2000 shares.    

Hem Securities Limited is the book-running lead manager for this IPO, while  Purva Sharegistry India Pvt Ltd is the registrar. 

Objectives of Arabian Petroleum IPO:

Arabian Petroleum plans to utilize the raised capital from the IPO to:
●    For working capital requirements.
●    General corporate purpose.
●    To meet public issue expenses. 
 

Established in 2006, Arabian Petroleum is engaged in the business of producing various Lubricants including Specialty Oils, Coolants, etc. which are used in automobiles and industrial machines as well as appliances.

The company operates in two product divisions:

Automotive Lubricants (Arzol): This includes a wide range of products, such as Four-Stroke Engine Oils for Two-Wheelers, Motor Oils for Passenger Cars, Diesel Engine Oils, Gear and Transmission Oils, Universal Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.

Industrial Lubricants (SPL): Under the SPL brand, the company offers industrial lubricants that increase productivity, minimize mechanical wear, prevent system failures, and reduce energy consumption. These products boost the efficiency and performance of machines.

Arabian Petroleum has a diverse clientele from both domestic and international markets. The customers span multiple industries, such as pharmaceuticals, fast-moving consumer goods (FMCG), chemicals, steel, rubber and tires, power generation, civil engineering, electrical appliances, textiles, telecommunications, chemicals, cables and conductors, and the automobile industry, among others.

Arabian Petroleum has also received accreditation for its commitment to quality standards including ISO 9001:2015 for Quality Management System in the manufacturing and supply of Industrial and Automotive Lubricants, ISO 45001:2018 certification for Occupational Health and Safety Management System, and ISO 14001:2015 for Environmental Management System, both of applies to the company’s manufacturing and supply of Industrial and Automotive Lubricants.

Peer Comparison

●    Tide Water Oil Co. (India) Limited
●    GP Petroleums Limited

For More Information:
Webstory on Arabian Petroleum IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) As on 31st Dec 2021 FY21 FY20
Revenue 140.15 109.99 83.92
EBITDA  6.16 6.19 5.21
PAT 3.43 2.88 2.81
Particulars (in Rs. Crores) As on 31st Dec 2021 FY21 FY20
Total Assets 70.71 50.32 37.27
Share Capital 2.00 2.00 2.00
Total Borrowings 54.25 37.30 27.12
Particulars (in Rs. Crores) As on 31st Dec 2021 FY22 FY21
Net cash generated from / (used in) operating activities 1.69 -4.89 3.12
Net cash from / (used in) investing activities -1.22 -1.22 -4.96
Net cash flow from / (used in) financing activities 0.099 5.57 2.65
Net increase (decrease) in cash and cash equivalents 0.57 -0.84 0.81


Strengths

1.    The company operates as a ‘One Stop Shop for All Lubricant’.
2.    It has strong partnerships with customers. 
3.    The company is ISO 45001:2018, ISO 9001:2015, and ISO 14001:2015 certified for quality assurance. 
4.    It has an experienced management team and employee base.
 

Risks

1.    Availability of raw materials and fluctuation in the prices of raw materials like base oil and additives, may adversely affect the business.
2.    Regulatory risks and forex risks due to presence in international markets. 
3.    Risks associated in relation to the agreement with Ukraine-based, XADO group.
4.    Dependent on the growth prospects of the automobile industry and other industrial sectors.
5.    Any change in benefits under certain export promotion schemes can impact the company. 
6.    Significant working capital requirements.
 

Will You Apply for Arabian Petroleum IPO?

Yes No Maybe

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
footer_form

FAQs

The minimum lot size of Arabian Petroleum IPO is 2000 shares and the investment required is ₹1,40,000.

The price for Arabian Petroleum IPO is ₹70 per share. 

Arabian Petroleum IPO opens from 25th September to 27th September 2023.
 

The size of Arabian Petroleum IPO is ₹20.24 cr. 

The share allotment date of Arabian Petroleum IPO is 4th October 2023.

The Arabian Petroleum IPO will be listed on 9th October 2023.

Hem Securities Limited is the book-running lead manager for Arabian Petroleum IPO.

Arabian Petroleum plans to utilize the raised capital from the IPO to:

1.    For working capital requirements.
2.    General corporate purpose.
3.    To meet public issue expenses. 
 

To apply for Arabian Petroleum IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Arabian Petroleum IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
●    You will receive a mandate notification to block funds in your UPI app.