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
Promoters of Arrowhead Seperation Engineering – Ajit Mundle, and Jyoti Mundle
Table of Contents
Arrowhead IPO Details
| Arrowhead IPO Dates | 16 – 20 November 2023 |
| Arrowhead Issue Price | INR 233 per share |
| Fresh issue | 5,58,000 shares (INR 13.0 crore) |
| Offer For Sale | Nil |
| Total IPO size | 5,58,000 shares (INR 13.0 crore) |
| Minimum bid (lot size) | 600 shares (INR 139,800) |
| Face Value | INR 2 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Arrowhead Seperation Engineering Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
| Revenue | 912.29 | 1,087.13 | 2,150.10 | 872.26 |
| Expenses | 1,039.68 | 1,078.81 | 1,987.77 | 795.72 |
| Net income | (179.19) | 9.17 | 169.18 | 64.34 |
Arrowhead Seperation Engineering Offer News
- Arrowhead Seperation Engineering RHP
- Arrowhead Seperation Engineering Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Arrowhead Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (13.64) | 0.70 | 12.88 |
| PE ratio | – | – | 18.09 |
| RONW (%) | (263.19) | 11.87 | 68.75 |
| NAV | 8.42 | 9.56 | 18.74 |
| EBITDA (%) | (4.81) | 9.91 | 14.91 |
| ROCE (%) | (7.55) | 13.17 | 30.94 |
| Debt/Equity | 8.82 | 9.05 | 3.30 |
Arrowhead IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 November 2023 | 20 | – | 11,000 |
| 25 November 2023 | 22 | – | 11,000 |
| 24 November 2023 | 25 | – | 13,000 |
| 23 November 2023 | 25 | – | 13,500 |
| 22 November 2023 | 28 | – | 19,500 |
| 21 November 2023 | 37 | – | 22,000 |
| 20 November 2023 | 75 | – | 35,000 |
| 18 November 2023 | 70 | – | 35,000 |
| 17 November 2023 | 70 | – | 35,000 |
| 16 November 2023 | 75 | – | 37,000 |
| 15 November 2023 | 72 | – | 36,000 |
| 14 November 2023 | 70 | – | 35,000 |
| 11 November 2023 | 60 | – | 30,000 |
Arrowhead IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 279,000 | 279,000 | 558,000 |
| 20 Nov 2023 | 44.86 | 134.57 | 89.71 |
| 17 Nov 2023 | 8.05 | 52.82 | 30.43 |
| 16 Nov 2023 | 2.49 | 17.95 | 10.22 |
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 Date | 16 November 2023 |
| IPO Closing Date | 20 November 2023 |
| Finalization of Basis of Allotment | 22 November 2023 |
| Initiation of refunds | 24 November 2023 |
| Transfer of shares to demat accounts | 28 November 2023 |
| IPO Listing Date | 28 November 2023 |
| Opening Price on BSE SME | INR 250 per share (up 7.30%) |
| Closing Price on BSE SME | INR 237.50 per share (up 1.93%) |
Arrowhead Seperation Engineering Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Arrowhead Seperation Engineering Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com
Arrowhead IPO Contact Details
ARROWHEAD SEPERATION ENGINEERING LIMITED
W-164/E, T.T.C Industrial Area, Village Pawane,
Thane Belapur Road, Navi Mumbai 400710
Phone: +91 84228 29060
E-mail: [email protected]
Website: www.arrowhead-dryers.co.in
IPO FAQs
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.
