Arrowhead Seperation Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 264,000 (47%) | — | ₹615 Cr |
| Retail | — | 264,000 (47%) | — | ₹615 Cr |
| Market Maker | — | 30,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 558,000 (100%) | — | ₹13,001 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹139,800 |
| Retail (Max) | 13 | 7,800 | ₹1,817,400 |
| S-HNI (Min) | 14 | 8,400 | ₹1,957,200 |
| B-HNI (Min) | 67 | 40,200 | ₹9,366,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 882 | 2,172 | 1,092 |
| Profit After Tax | 64 | 169 | 9 |
| Net Worth | 310 | 246 | 77 |
| Total Assets | 2,181 | 2,071 | 1,832 |
| Reserves & Surplus | 179 | 115 | -4 |
| Total Borrowing | 896 | 813 | 699 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- . Repayment of Loan from NBFC's; –
- Funding Working capital requirements; –
- General Corporate Purpose; –
Company Overview
Incorporated in 1991, Arrowhead Seperation Engineering Limited manufactures and designs chemical process equipment such as drying and cooling system equipment. The company's product portfolio includes a Drum Dryer, Rotary Dryer, Flaker System and Zero Liquid Discharge SystemZLD.
The company manufactures drum dryers, belt dryers, air impigment dryers, rotary vacuum dryers, rotary cascade dryers, steam tube dryers, paddle dryers, industrial flaking systems and drum flakers. The company's registered office with manufacturing facility is located in Nashik, Maharashtra. The company use an outsourcing model, a few steps of manufacturing processes are outsourced to third-party service provider on job work basis. The company sell its product in both domestic and international market. As of June 30, 2023, the company's top 5 customers were 96.82% of total revenue from operations and the top 5 suppliers were 48.82% of total purchases.
As of June 30, 2023, the company has 54 payroll employees who facilitate the manufacturing operations.