Arvind and Company Shipping Agencies Limited IPO
Arvind and Company Shipping Agencies Limited was a SME IPO, offered at ₹45–₹45 per share to raise ₹15 crore. It listed on 25 Oct 2023 at ₹80 and closed its first day at ₹80, a listing gain of +77.9% versus the ₹45 issue price. It now trades around ₹30 (-33.6% versus the issue price).
Frequently asked questions
- What were the Arvind and Company Shipping Agencies Limited IPO listing gains?
- Arvind and Company Shipping Agencies Limited listed on 25 Oct 2023 at ₹80, closing its first day at ₹80 — a listing gain of +77.9% versus the ₹45 issue price.
- What was the price band and lot size of the Arvind and Company Shipping Agencies Limited IPO?
- The price band was ₹45–₹45 per share, with a minimum lot of 3,000 shares (₹1,35,000 at the upper band).
- Who were the registrar and lead manager for the Arvind and Company Shipping Agencies Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.