Submit

Arvee Laboratories (India) Limited IPO

Arvee Laboratories (India) Limited IPO

Issue Open

Feb 09, 2018

Price Band

₹ 61

Issue Size

₹ 8.91 Cr

Credit of Shares to Demat

-

Issue Close

Feb 14, 2018

Bid Lot

2000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

2000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Feb 22, 2018

Refunds

-

About the company:

Arvee Laboratories (India) limited is a Gujrat based company. It is one of the coveted firm that provides best quality chemical products. It has made its name in very short duration. It has brought many assets from the Skylead Chemicals which has been declared sick by The Board for Industrial and Financial Reconstruction(BIFR)

Date of establishment: Arvee Laboratories (India) was established in 2012 

Product & Service Offering: Company offers following product to its customer

-      Polymer Modifiers
-      Contrast Media Intermediates
-      Drug Intermediates 

Promoters of Arvee Laboratories hotels ltd.:  Mr. Shalin Sudhakarbhai Patel and Mr. Shalin Bharat Chokshi are the promoters of Arvee Laboratories (India) 

Customer segment: Arvee Laboratories caters to Company caters to the demand of

-       Domestic market
-       International market

Objects of the Issue:

The objects of the Offer is to:-
-       Re-payment of Unsecured Loans
-       Issue Expenses.

Company Financials: 

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

356.75

352.10

260.29

174.22

89.07

 

Total Revenue

349.37

269.24

130.52

118.36

35.59

 

Profit After Tax

15.52

1.87

(16.47)

0.19

0.43

 

FAQ’s

Can I trade an IPO through a Discount Broker?

What are the benefit of buying & selling IPOs through a discount broker?

How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

How can I buy and sell IPO through a discount broker?

What documents are required to open an account with Samco?