Established in 1987, Arvind and Company Shipping Agencies is a subsidiary of the Arcadia Group, primarily focusing on the chartering business. The core chartering activities of the company revolve around the rental of barges for commercial purposes. The company embarked on its barge chartering journey in recent years, acquiring the following vessels: “Arcadia Sumeru” in the fiscal year 2021, “KB-26” and “KB-32” in the fiscal year 2022, and “KB-28” and “Arcadia Minica” in the fiscal year 2023.
Arvind and Company’s commitment extends to exploring new business opportunities, leveraging the extensive industry relationships of its promoters. In pursuit of diversification, the company has entered the hospitality sector with “Hotel Millennium Plaza” and “Hotel 999,” both strategically located in the vicinity of Jamnagar City, Gujarat.
Arvind and Company Shipping Agencies generates its primary revenue from two distinct business verticals:
- Chartering of Barges: Within this vertical, the company leases flat-top barges to various coastal transporters. These transporters utilize the barges to facilitate the transportation of their cargo or equipment, tailored to their specific requirements. As of May 31, 2023, the company possesses five barges, with active work orders, rental agreements, or Memoranda of Understanding (MOUs) for four of them.
- Hotel and Hospitality: In its hospitality business vertical, the company’s portfolio comprises two hotels, namely “Hotel Millennium Plaza” and “Hotel 999,” both boasting 72 well-appointed rooms each. These hotels are conveniently situated in Jamnagar City, Gujarat, providing a comfortable stay for guests.
IPO Details #
| Arvind and Company Shipping IPO Dates | Coming soon |
| Arvind and Company Shipping Issue Price | Coming soon |
| Fresh issue | 32,76,000 shares |
| Offer For Sale | NIL |
| Total IPO size | 32,76,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
IPO Financial Performance #
| FY 2021 | FY 2022 | FY 2023 | 2M FY 2023 | |
| Revenue | 35.86 | 257.40 | 711.45 | 233.30 |
| Expenses | 39.08 | 193.94 | 360.53 | 81.86 |
| Net income | 23.75 | 100.28 | 347.12 | 113.58 |
IPO Offer News #
- Arvind and Company Shipping RHP
- Arvind and Company Shipping Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Arvind and Company Shipping Valuations & Margins #
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.32 | 1.34 | 4.62 |
| PE ratio | – | – | – |
| RONW (%) | 5.17 | 19.39 | 46.88 |
| NAV | 6.23 | 7.55 | 12.17 |
| ROCE (%) | 3.46 | 20.97 | 37.44 |
| EBITDA (%) | 67.58 | 69.45 | 92.49 |
| Debt/Equity | 0.23 | 2.15 | 2.44 |
Arvind and Company Shipping Offer Lead Manager #
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor, B 1311-1314, Near Rajpath Club,
Rajpath Rangoli Road, S.G. Highway, Ahmedabad- 380054
Phone: 079 4918 5784
Email: mb@beelinemb.com
Website: www.beelinemb.com
Arvind and Company Shipping Offer Registrar #
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Arvind and Company Shipping Contact Details #
ARVIND AND COMPANY SHIPPING AGENCIES LIMITED
City point 701 to 702, Fifth Floor,
Nr. Town Hall, Jamnagar- 361001, Gujarat, India
Phone: +919913411144
E-mail: info@arvindshipping.com
Website: www.arvindshipping.com
IPO Allotment Status #
Arvind and Company Shipping IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
IPO Dates & Listing Performance #
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
FAQs #
What is the IPO offer size? #
IPO Offer size is INR crores.
What is the IPO offer price band? #
IPO public offer price is INR per share.
What is the lot size of the IPO? #
IPO offer lot size is shares.
What is IPO GMP today? #
IPO GMP today is INR NA per share.
What is the IPO kostak rate today? #
IPO kostak rate today is INR NA per application.
What is IPO Subject to Sauda rate today? #
IPO Subject to Sauda rate today is INR NA per application.
Please keep in mind that for more accurate and up-to-date information, please consult official sources and sites.
