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Arvind Port & Infra Ltd

Registered Office : City Point 701-702 5th Floor,Nr.Town Hall,Jamnagar Gujarat 361001 Phone : +91 99134 11144
Fax :

Email : info@arvindshipping.com

Website : www.arvindshipping.com

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.

Issue

Opens On

Closes On

12-Oct-2023

16-Oct-2023

Money Payable On

Application

Allotment

45.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

12.84

14.74

12.14

45.00

Beeline Capital Advisors Pvt Ltd

Projects

Funding capital expenditure of the company

General corporate purposes

Promoted By

Arvind Kantilal Shah

Parul Arvind Shah

Vinit Arvind Shah

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt