rupeezy
Ask FinAI
Login
Arvind And Company Shipping Agencies IPO
AA

Arvind And Company Shipping Agencies IPO

Arvind And Company Shipping Agencies Limited

₹1,35,000/ 3000 shares

Minimum investment

Arvind And Company Shipping Agencies IPO Details

Bidding date

12 Oct - 16 Oct 2023

Price range

Minimum quantity

3,000

Minimum investment

₹1,35,000

Issue size

Listing exchange

NSE/BSE

Arvind And Company Shipping Agencies IPO Dates & Timeline

12 Oct, 2023
Opening date
16 Oct, 2023
Closing date
17 Oct, 2023
Basis of allotment
18 Oct, 2023
Initiation of refunds
18 Oct, 2023
Credit of shares
19 Oct, 2023
Listing date

About Arvind And Company Shipping Agencies IPO: Company Overview

Since Incorporation in 1987, Arvind and Company Shipping has been engaged in the business of Shipping and Forwarding agents.

Their revenue comes from 2 business verticals: 
a) Chartering of Barges b) Hotel and Hospitality

The company is primarily engaged in chartering business, including chartering of Barge for commercial purposes. COmpany owns a total of 5 Barges.
Their end users are construction companies who often require barges to transport heavy equipment, construction materials, or personnel to and from construction sites located near bodies of water. Barges can be used to transport materials such as sand, gravel, cement, steel, or machinery to support construction projects. 
Company has recently forayed into the hospitality business with “Hotel Millennium Plaza” and “Hotel 999” near Jamnagar, Gujarat.
 

 

Strengths & Risks of Arvind And Company Shipping Agencies IPO

Competitive Cost Structure - : With a lean cost structure, the company offers competitive pricing for barge rentals and hotel accommodations, attracting more customers and gaining a larger market share.

Experienced Team: : Arvind and Company Shipping promoters have overall business experience of more than 40 years across various industries namely construction, food, commercial chartering of barges playing key role in growth.

Favourable Location - : The chartering income from barges comes due to the close proximity with West coast of the Gujarat. Being situated in key shipping hubs or near major ports can reduce transportation costs and lead times, which helps to improve efficiency and competitiveness.

How to Apply for Arvind And Company Shipping Agencies IPO: Step-by-Step Guide

  • Research the IPO:Review the prospectus and company details.
  • Open accounts:Ensure you have a demat and trading account.
  • Check dates:Note the IPO opening and closing dates.
  • Apply online:Log in to your brokerage account and complete the IPO application form.
  • Make payment:Pay through your linked bank account.
  • Submit application:Confirm and submit your application.
  • Track status:Monitor the allotment status and check for shares in your demat account upon listing.

FAQs: Arvind And Company Shipping Agencies IPO

Apply in IPO

Want to apply in IPO?

Open Rupeezy account now. It is 100% free and secure.

Open Demat Account
Active IPOs
Company name
Bid starts
Cmr Green Technologies
03-06-2026
Hexagon Nutrition
05-06-2026