IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Arabian Petroleum IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Chemical sector. Hem Securities is the merchant banker of Arabian Petroleum IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2022.
Arabian Petroleum IPO open date is 25th September 2023 and close date is 27th September 2023. IPO Allotment Date is 4th October 2023 and Listing date is 9th October 2023.Arabian Petroleum IPO size is Rs 20.24 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Arabian Petroleum IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Arabian Petroleum IPO.
Arabian Petroleum IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Arabian Petroleum IPO, based in Mumbai, operates in the Chemical sector with a focus on manufacturing wide range of Lubricants including Specialty Oils. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Arabian Petroleum IPO size is ₹ 20.24 Cr. Crores with fresh issue size of Rs 20.24 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Arabian Petroleum IPO is expected to be 4th October 2023, after the finalization of basis of allotment. Investors can check Arabian Petroleum IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Arabian Petroleum IPO refund dates are 5th October 2023.
Arabian Petroleum IPO is expected to be listed on 9th October 2023.
The upper price band for the Arabian Petroleum IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Arabian Petroleum IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Arabian Petroleum IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2023. After submission, funds are blocked until the basis of allotment of Arabian Petroleum IPO is finalised.
The merchant banker for Arabian Petroleum IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Arabian Petroleum IPO RHP for further details.
The registrar for Arabian Petroleum IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Arabian Petroleum IPO through their official website or helpline.
Arabian Petroleum IPO was subscribed 19.91 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 20.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical
SME IPO so far:
40
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 242.84 cr.
PE
Ratio:
15.66x
Average Sector PE Ratio: 17.10x
Arabian Petroleum IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Arabian Petroleum Financial Review Page
Merchant Banker(s) of Arabian Petroleum IPO: Hem Securities Limited
Arabian Petroleum IPO subscription was 19.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Arabian Petroleum IPO listed at a listing price of 76.25 against the offer price of 70.00.
The current market price of Arabian Petroleum is 68.00.
Why Us?
