Fixed Price - SME
₹ 14.74 cr
₹ 45
3000
₹ 1,35,000.00
NSE - SME
12-Oct-2023
16-Oct-2023
25-Oct-2023
The Shares of Arvind & Company Shipping Agencies Ltd have now been listed.
Public issue of 3276000 equity shares of face value of Rs. 10/- each of Arvind and Company Shipping Agencies Limited (Arvind and Company or the Company or the Issuer) for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share (the Issue Price) aggregating to Rs. 14.74 crores (The Issue), of which 168000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 0.76 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 3108000 equity shares of face value of Rs. 10/- each at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share aggregating to Rs. 13.98 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.99% and 25.61% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 45. The issue price is 4.5 times of the face value.
Funding capital expenditure of the company. General corporate purposes.
Arvind & Company Shipping Agencies Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020
Phone - 91-11-26812682
Fax - 91-11-30857562
Email - info@arvindshipping.com
Website - www.arvindshipping.com