| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹13.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹13.00 Cr |
| Fresh Issue | ₹12.30 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน233.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544025 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 600 shares and in multiples thereof
Incorporated in 1991, Arrowhead Seperation Engineering Limited manufactures and designs chemical process equipment such as drying and cooling system equipment. The company's product portfolio includes a Drum Dryer, Rotary Dryer, Flaker System and Zero Liquid Discharge SystemZLD.
The company manufactures drum dryers, belt dryers, air impigment dryers, rotary vacuum dryers, rotary cascade dryers, steam tube dryers, paddle dryers, industrial flaking systems and drum flakers. The company's registered office with manufacturing facility is located in Nashik, Maharashtra. The company use an outsourcing model, a few steps of manufacturing processes are outsourced to third-party service provider on job work basis. The company sell its product in both domestic and international market. As of June 30, 2023, the company's top 5 customers were 96.82% of total revenue from operations and the top 5 suppliers were 48.82% of total purchases.
As of June 30, 2023, the company has 54 payroll employees who facilitate the manufacturing operations.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of Loan from NBFCโs; | 2.00 |
| 2 | Funding Working capital requirements | 6.50 |
| 3 | General Corporate Purpose | 3.20 |
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 21.81 | 20.71 | 18.32 | 15.67 |
| Total Income | 8.82 | 21.72 | 10.92 | 9.17 |
| Profit After Tax | 0.64 | 1.69 | 0.09 | -1.79 |
| NET Worth | 3.10 | 2.46 | 0.77 | 0.68 |
| Reserves and Surplus | 1.79 | 1.15 | -0.04 | -0.13 |
| Total Borrowing | 8.96 | 8.13 | 6.99 | 6.01 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 105% |
| ROCE | 30.94% |
| Debt / Equity | 3.30% |
| RoNW | 68.75% |
| PAT Margin | 8.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 12.88 | |
| P/E (x) | 18.09 | 16.95 |
| Promoter Holding | 50% | 35.09% |
| Market Cap | โน43.60 Cr. | |