Arrowhead Seperation Engineering IPO: Check GMP, Price, Lot Size About This SME IPO.
Arrowhead Seperation Engineering IPO will probably be out there for public subscription between November 16 and November 20
Arrowhead Seperation Engineering IPO: The preliminary public providing (IPO) of Arrowhead Seperation Engineering will probably be out there for public subscription this week, opening on November 16 (Thursday). It will conclude on November 20 (Monday). The Rs 13-crore SME IPO’s worth has been fastened at Rs 233 per share.
The share allotment will happen on November 23, whereas the itemizing will happen on the BSE SME on November 29.
Arrowhead Seperation Engineering IPO GMP
According to market observers, unlisted shares of Arrowhead Seperation Engineering had been buying and selling on the similar charge as its lising worth, at Rs 233 a share. The zero gray market premium or GMP means the gray market is anticipating no itemizing achieve from the general public challenge. The GMP is predicated in the marketplace sentiments and retains altering.
‘Grey market premium’ signifies buyers’ readiness to pay greater than the problem worth.
Arrowhead Seperation Engineering IPO Lot Size, Price
The Rs 13-crore SME IPO’s worth has been fastened at Rs 233 per share. The minimal lot measurement is 600 shares. The minimal quantity of funding required by retail buyers is Rs 1,39,800. The minimal lot measurement funding for HNI is 2 heaps (1,200 shares) amounting to Rs 2,79,600.
Aryaman Financial Services Limited is the guide working lead supervisor of the Arrowhead Seperation Engineering IPO, whereas Cameo Corporate Services Limited is the registrar for the problem. The market maker for Arrowhead Seperation Engineering IPO is Aryaman Capital Markets.
About Arrowhead Seperation Engineering
Arrowhead Seperation Engineering Limited, which was arrange in 1991, is into the manufacturing, buying and selling and exporting of assorted sorts of dryers corresponding to vacuum double drum dryer, rotary dryers, single drum dryer, double drum dryer, paddle dryer, flaker programs, completely enclosed single drum dryer, steady particulate dryer, and so forth.
Its income throughout FY23 elevated 98.91 per cent to Rs 21.71 crore and revenue after tax (PAT) rose 1.69 per cent on a yearly foundation.
