Arabian Petroleum is within the trade of producing a variety of Lubricants together with Specialty Oils, Coolants, and so forth. used for utility in cars and business machines and home equipment. Their trade is categorised into two unique product divisions: (i) Automotive Lubricants – Arzol and (ii) Industrial Lubricants – SPL. They are devoted to persistently offering merchandise that ship stellar high quality and agree to statutory necessities within the Automotive and Industrial Lubricants area.
In the 12 months 2021, the corporate used to be approved via the American Petroleum Institute (API) to make use of API marks on a few of its merchandise like Arzol Milage Synactiv, Arzol Super Duty, and Arzol Synpros.
Their home and global shoppers are unfold throughout a couple of industries, together with pharmaceutical, FMCG, chemical substances, metal, rubber and tire, energy, civil engineering, electric home equipment, textile, telecommunication, chemical, cables and conductors automotive business, and so forth. Apart from personal gamers, additionally they derive our revenues underneath the contracts from the Government sectors (each central and state) and related entities. They are venerated to be one of the crucial providers of lubricants to the Indian Armed Forces and feature effectively delivered lubricant merchandise to the Border Security Force (BSF), Indian Air Force (IAF), and Indian Navy throughout more than a few portions of the rustic.
Objects of the Issue:
- To meet Working Capital necessities.
- General Corporate Purpose.
- To meet factor bills.
Arabian Petroleum IPO Review
Arabian Petroleum IPO Date & Price Band Details
| IPO Open: | September 25, 2023 |
| IPO Close: | September 27, 2023 |
| IPO Size: | Approx ₹20.24 Crores, 2,892,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the web be offering |
| QIB Quota: | [.]% of the web be offering |
| NII Quota: | 50% of the web be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Arabian Petroleum IPO Market Lot
The Arabian Petroleum IPO minimal marketplace lot is 2000 stocks with a ₹140,000 utility quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹140,000 |
| Retail Maximum | 1 | 2000 | ₹140,000 |
| S-HNI Minimum | 2 | 4000 | ₹280,000 |
Arabian Petroleum IPO Dates
The Arabian Petroleum IPO date is September 25 and the IPO shut date is September 27. The IPO allotment date is October 3 and the IPO may checklist on October 6.
| IPO Open Date: | September 25, 2023 |
| IPO Close Date: | September 27, 2023 |
| Basis of Allotment: | October 3, 2023 |
| Refunds: | October 4, 2023 |
| Credit to Demat Account: | October 5, 2023 |
| IPO Listing Date: | October 6, 2023 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Arabian Petroleum IPO Form
How to use Arabian Petroleum IPO? You can follow Arabian Petroleum IPO by means of ASBA to be had for your checking account. Just move to the net financial institution login and follow by means of your checking account via deciding on the Arabian Petroleum IPO within the Invest segment. The different possibility you’ll follow Arabian Petroleum IPO by means of IPO bureaucracy obtain by means of the NSE web site. Check out the Arabian Petroleum bureaucracy – click on NSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.
Arabian Petroleum Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹84.14 | ₹9.75 | ₹2.81 |
| 2021 | ₹110.25 | ₹10.34 | ₹2.88 |
| 2022 | ₹140.51 | ₹11.52 | ₹3.43 |
Arabian Petroleum IPO Valuation – FY2022
Check Arabian Petroleum IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹- according to Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ₹- according to Equity Share |
Peer Group
- Tide Water Oil Co. (India) Limited
- GP Petroleums Limited
- Mr. Hemant Dalsukhrai Mehta
- Mr. Manan Hemant Mehta
Arabian Petroleum IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/
Arabian Petroleum IPO Allotment Status
Check Arabian Petroleum IPO allotment standing on Purva Sharegistry web site URL. Click Here
Arabian Petroleum IPO Lead Managers aka Merchant Bankers
Company Address
Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging, Ambernath (W),
Ambernath, Thane – 421505
Phone: +0251-2395601
Email: [email protected]
Website: https://www.arabianpetroleum.co.in/index.php
Arabian Petroleum IPO FAQs
What is Arabian Petroleum IPO?
Arabian Petroleum IPO is an NSE SME IPO. They are going to lift ₹20.24 Crores by means of IPO. The factor is priced at ₹70 according to fairness percentage. The IPO is to be indexed on NSE.
When Arabian Petroleum IPO will open?
What is Arabian Petroleum IPO Investors Portion?
How to Apply the Arabian Petroleum IPO?
How to Apply the Arabian Petroleum IPO via Zerodha?
How to Apply the Arabian Petroleum IPO via Upstox?
How to Apply the Arabian Petroleum IPO via Paytm Money?
What is Arabian Petroleum IPO Size?
What is Arabian Petroleum IPO Price Band?
Arabian Petroleum IPO Price Band is ₹70 according to fairness percentage.
What is Arabian Petroleum IPO Minimum and Maximum Lot Size?
What is Arabian Petroleum IPO Allotment Date?
What is Arabian Petroleum IPO Listing Date?
Note: The Arabian Petroleum IPO main points are introduced formally. The IPO gray marketplace top class (Arabian Petroleum IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.)
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– Source : IPOWATCH