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.

Arvee Labs IPO Details

IPO DateFeb 9, 2018 - Feb 14, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,460,000 Eq Shares of ₹10
(aggregating up to ₹8.91 Cr)
Face Value₹10 Per Equity Share
IPO Price₹61 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Arvee Labs IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹122,000
Maximum12000₹122,000

Arvee Labs IPO Subscription Status (Bidding Detail)

Arvee Labs IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

692,000

692,000

1,384,000

Feb 14, 2018 17:00

2.18x

3.62x

2.90x

Arvee Labs IPO Prospectus

Arvee Labs IPO Rating

60
3.2
Rating:Rated 3.2 stars

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Arvee Labs IPO Listing Date

Listing DateThursday, February 22, 2018
BSE Script Code
NSE SymbolARVEE
Listing In
ISININE006Z01016
IPO Price₹61 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Arvee Labs IPO Reviews / Ratings

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
Email: shalin.patel@arveelabs.com
Website: http://arveelabs.com/

Arvee Labs IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Arvee Labs IPO FAQs

  1. 1. What is Arvee Labs IPO?

    Arvee Labs IPO is a SME IPO of 1,460,000 equity shares of the face value of ₹10 aggregating up to ₹8.91 Crores.

    The issue price of the IPO is ₹61 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Feb 9, 2018 and closes on Feb 14, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Arvee Labs IPO will open?

    The Arvee Labs IPO opens on Feb 9, 2018 and closes on Feb 14, 2018.

  3. 3. How to apply for Arvee Labs IPO?

    Arvee Labs IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Arvee Labs IPO allotment?

    The finalization of Basis of Allotment for Arvee Labs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Arvee Labs IPO allotment status.

  5. 5. When is Arvee Labs IPO listing date?

    The Arvee Labs IPO listing date is on Thursday, February 22, 2018, at NSE SME.
  6. 6. What is the lot size of Arvee Labs IPO?

    Arvee Labs IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Arvee Labs IPO Review / Comments

Hexadecimal
8. Hexadecimal  Feb 22, 2018 13:22
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.
ramsita
7. ramsita  Feb 20, 2018 20:47
10 allotment out of 14.,,,,,🤔🤔
DownriteVJ
7.1. DownriteVJ  Feb 21, 2018 10:29
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
great
DownriteVJ
6. DownriteVJ  Feb 14, 2018 13:32
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Seriously. What are retail guyz looking for in this damn IPO?
IPO Success
5. IPO Success  Feb 12, 2018 19:32
Clear avoid.
Eaglebrain
4. Eaglebrain  Feb 12, 2018 13:12
Clear Cut Avoid.....
GuptaA
3. GuptaA  Feb 8, 2018 11:56
Payment of loans of promoters. Investors are fools?
Huzefa
3.1. Huzefa  Feb 11, 2018 08:41
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Yes retail investors are really fools. RII quota is already oversubscribed on day one.
Rkg
2. Rkg  Feb 8, 2018 07:19
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
This co is trying to prove that investors are fools.
KiranS
1. KiranS  Feb 7, 2018 11:29
Issue Sizes - 346 lots in NII. 346 lots in RII






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