Arrowhead IPO GMP, Review, Price, Allotment


Last updated on November 28, 2023

Arrowhead IPO GMP

Arrowhead IPO description – Arrowhead Seperation Engineering is primarily engaged in the design and production of various chemical process Equipment with a specialization in continuous drying and cooling system equipment. The company has the vision to develop equipment and provide a solution that matches the global standard.

Arrowhead Seperation Engineering’s focus is to meet the expectations of the customers by providing them with high-quality products that meet their satisfaction. Additionally, the company follows ethical business practices and maintains complete transparency in all transactions to build and maintain strong relationships with the customers.

The core strength of Arrowhead lies in the following:-

  • Customized product for each client
  • Qualified and experienced Executive Directors
  • Wide range of products
  • Relationship with Customers and Suppliers
  • Location of manufacturing unit

Arrowhead has an on-payroll employee strength of 54 persons as of 30 June 2023, and it also employs industry professionals for project-specific work on a professional basis from time to time. The company’s primary products are stated below:

  • Drum Dryer
  • Rotary Dryer
  • Flaker System
  • Zero Liquid Discharge System
Arrowhead Seperation Engineering IPO

Promoters of Arrowhead Seperation Engineering – Ajit Mundle, and Jyoti Mundle

Arrowhead IPO Details

Arrowhead IPO Dates16 – 20 November 2023
Arrowhead Issue PriceINR 233 per share
Fresh issue5,58,000 shares (INR 13.0 crore)
Offer For SaleNil
Total IPO size5,58,000 shares (INR 13.0 crore)
Minimum bid (lot size)600 shares (INR 139,800)
Face Value INR 2 per share
Retail Allocation50%
Listing OnBSE SME

Arrowhead Seperation Engineering Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Net income(179.19)9.17169.1864.34
Figures in INR Lakhs unless specified otherwise

Arrowhead Seperation Engineering Offer News

Arrowhead Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio18.09
RONW (%)(263.19)11.8768.75
EBITDA (%)(4.81)9.9114.91
ROCE (%)(7.55)13.1730.94
Debt/Equity 8.829.053.30
*Compiled by IPO Central from Prospectus

Arrowhead IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
27 November 20232011,000
25 November 20232211,000
24 November 20232513,000
23 November 20232513,500
22 November 20232819,500
21 November 20233722,000
20 November 20237535,000
18 November 20237035,000
17 November 20237035,000
16 November 20237537,000
15 November 20237236,000
14 November 20237035,000
11 November 20236030,000

Arrowhead IPO Subscription – Live Updates

Shares Offered279,000279,000558,000
20 Nov 202344.86134.5789.71
17 Nov 20238.0552.8230.43
16 Nov 20232.4917.9510.22

Arrowhead IPO Allotment Status

Arrowhead IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.

Arrowhead IPO Dates & Listing Performance

IPO Opening Date16 November 2023
IPO Closing Date20 November 2023
Finalization of Basis of Allotment22 November 2023
Initiation of refunds24 November 2023
Transfer of shares to demat accounts28 November 2023
IPO Listing Date28 November 2023
Opening Price on BSE SMEINR 250 per share (up 7.30%)
Closing Price on BSE SMEINR 237.50 per share (up 1.93%)

Arrowhead Seperation Engineering Offer Lead Manager

60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email[email protected]

Arrowhead Seperation Engineering Offer Registrar

“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]

Arrowhead IPO Contact Details

W-164/E, T.T.C Industrial Area, Village Pawane,
Thane Belapur Road, Navi Mumbai 400710
Phone: +91 84228 29060
E-mail: [email protected]


What is the Arrowhead Seperation Engineering IPO offer size?

Arrowhead offer size is INR 13 crore.

What is the Arrowhead offer price band?

Arrowhead public offer price is INR 233 per share.

What is the lot size of the Arrowhead IPO?

Arrowhead offer lot size is 600 shares.

What is Arrowhead IPO GMP today?

Arrowhead IPO GMP today is INR 22 per share.

What is the Arrowhead kostak rate today?

Arrowhead kostak rate today is NA per application.

What is Arrowhead Subject to Sauda rate today?

Arrowhead Subject to Sauda rate today is INR 11,000 per application.


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