Arvind and Company Shipping IPO Details

Open Date

12 Oct 2023

16 Oct 2023


₹14.74 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹45 per share

Close Date

Allotment Date

19 Oct 2023

25 Oct 2023

IPO Details

Arvind and Company Shipping Agency was founded in September 1987 in Jamnagar, Gujarat. The corporation deals with carrying and forwarding agents. Cargo Barges, Flat Top Barges, Crane Mounted Barges, Hopper Barges, Spud Barges, and Cargo Tugs are among the boats used by the company.  The company primarily provides marine vessel and ancillary equipment services and delivers equipment to global corporations. The company has also broadened its horizons by entering the hospitality industry with Hotel Millennium Plaza and Hotel 999.

About the Company

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Funding Capital Expenditure of the Company 2. General Corporate Purpose 3. To meet Public Issue Expenses


The book-running lead managers to the offer are: Beeline Capital Advisors Pvt Ltd

Book Runners

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