Open Date

25 Sep 2023

27 Sep 2023


₹20.24 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹70 per share

Close Date

Allotment Date

04 Oct 2023

09 Oct 2023

IPO Details

Since its incorporation in 2006, Arabian Petroleum Limited has produced a variety of lubricants, including specialty oils, coolants, and other lubricants used in vehicles as well as in industrial equipment and appliances. There are two product divisions at the company: Arzol's automotive lubricants line up with two-wheeler four-stroke engine oils, passenger car motor oils, diesel engine oils, gear and transmission oils, universal tractor and transmission oils, pump set oils, and hydraulic oils. SPL brand of industrial lubricants offers products that increase productivity, lower mechanical wear, avoid system failure, and save energy costs by enhancing machine performance and efficiency.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet Working Capital requirements. General Corporate Purpose. To meet issue expenses.


The book-running lead managers to the offer are: Hem Securities Limited

Book Runners

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