Chittorgarh.com
Free Trading + Demat Account

Arvee Laboratories (India) Limited IPO (Arvee Labs IPO) Detail

Feb 9, 2018 - Feb 14, 2018

Incorporated in 2012, Arvee Laboratories (India) Limited is Ahmadabad, Gujarat based company engaged in trading in specialty chemicals by getting manufacturing done on job work basis. Company has plans to begin manufacturing of specialty chemicals in near future.

Arvee Labs is mainly engaged in manufacturing of Polymer Modifiers, Contrast Media Intermediates and Drug Intermediates. Company caters to the demand of both domestic as well as international markets.

Arvee Labs bought land, building and machineries from Skylink Chemicals Private Limited who was engaged in manufacturing of specialty chemicals. Currently, Company is negotiating with IDBI Bank Limited to take over the business of Skylead Chemicals Limited which has been declared as sick by BIFR.

Company Promoters:

Mr. Shalin Sudhakarbhai Patel and Mr. Shalin Bharat Chokshi are the promoters of the company.

Company Financials:

Summary of financial Information (Restated Standalone)
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

Objects of the Issue:

The objects of the Issue are:
1. Re-payment of Unsecured Loans of Promoters;
2. Issue Expenses.

Issue Detail:

  »»  Issue Open: Feb 9, 2018 - Feb 14, 2018
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,460,000 Equity Shares of Rs 10 aggregating up to Rs 8.91 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 61 Per Equity Share
  »»  Market Lot: 2000 Shares
  »»  Minimum Order Quantity: 2000 Shares
  »»  Listing At: NSE SME

Arvee Labs IPO Reviews / Recommendations:

Dilip Davda's - avoid

 

Arvee Labs IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

Arvee Labs IPO Prospectus

Arvee Labs IPO Rating

60
3.2
Rating:Rated 3.2 stars

Vote Here ...

Arvee Labs IPO Listing Date

  •   ›  Listing Date: Thursday, February 22, 2018
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: ARVEE
  •   ›  Listing In:
  •   ›  ISIN: INE006Z01016
  •   ›  Issue Price: Rs 61 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE SME
Issue Price:Rs 61.00
Open:Rs 60.95
Low:Rs 60.50
High:Rs 66.50
Last Trade:Rs 62.50
Volume:752,000

Arvee Labs IPO News Alerts

  1. Thursday, February 22, 2018 12:00:00 AM
    Arvee Labs IPO Listing Date & Info
  2. Wednesday, February 14, 2018 12:00:00 AM
    Arvee Labs IPO Closes on Feb 14, 2018
  3. Friday, February 9, 2018 12:00:00 AM
    Arvee Labs IPO Opens on Feb 9, 2018

Company Contact Information

Arvee Laboratories (India) Limited
4th Floor, Anison Buliding, Stadium Five Roads,
Swastik Society, Opp. Shreyas Hospital,
Navrangapura, Ahmedabad 380009
Phone: +91-79-26749036/37/38
Fax: +91-79-26742600
Email: shalin.patel@arveelabs.com
Website: http://arveelabs.com/

Arvee Labs IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Arvee Labs IPO Review / Comments

avatar
8. Hexadecimal  Feb 22, 2018 13:22 I Like It. 1 | Report Abuse
Is Arvee Laboratories going to become Aarvee Encon?
Listing day scenario for the scrip of Aarvi Encon was similar i.e 2-3 rs above issue price but started moving upwards after one month.
avatar
7. ramsita  Feb 20, 2018 20:47 I Like It. | Report Abuse
10 allotment out of 14.,,,,,🤔🤔
avatar
7.1. DownriteVJ  Feb 21, 2018 10:29 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
great
avatar
6. DownriteVJ  Feb 14, 2018 13:32 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Seriously. What are retail guyz looking for in this damn IPO?
avatar
5. IPO Success  Feb 12, 2018 19:32 I Like It. | Report Abuse
Clear avoid.
avatar
4. Eaglebrain  Feb 12, 2018 13:12 I Like It. | Report Abuse
Clear Cut Avoid.....
avatar
3. GuptaA  Feb 8, 2018 11:56 I Like It. 2 | Report Abuse
Payment of loans of promoters. Investors are fools?
avatar
3.1. Huzefa  Feb 11, 2018 08:41 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Yes retail investors are really fools. RII quota is already oversubscribed on day one.
avatar
2. Rkg  Feb 8, 2018 07:19 I Like It. 2 | Report Abuse
Top Contributor Top Contributor (200+ Posts)
This co is trying to prove that investors are fools.
avatar
1. KiranS  Feb 7, 2018 11:29 I Like It. | Report Abuse
Issue Sizes - 346 lots in NII. 346 lots in RII
  • Special Offers
    by Popular Stock Brokers
  • HDFC Securities
    Open your 3-in-1 account with free Demat and Trading Account. Demat account AMC fee of ₹750 waived off for the first year.
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay ₹1500 (payable in 2nd year). Get the offer
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
  • Ventura
    Zero account opening fees for limited time. Request a Callback
  • Motilal Oswal
    Get Free Trading + Demat Account (₹500 waived on account opening) for limited time. Get the offer
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer
  • Zerodha
    Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer
  • ProStocks
    Get Free Trading + Demat Account for limited time. Request a Callback
  • 5paisa
    Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order. Get the offer
  • Upstox
    Get account opening fees as brokerage cashback + Free equity delivery trading (truly no brokerage) + Flat ₹20 for Intraday and F&O trades. Get the Exclusive Offer
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: