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

February 9, 2018 - February 14, 2018

Arvee Labs IPO is a fixed price issue of Rs 8.91 crores.

Arvee Labs IPO bidding started from February 9, 2018 and ended on February 14, 2018. The shares got listed on NSE SME on February 22, 2018.

Arvee Labs IPO price is ₹61 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹122,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Arvee Labs IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Arvee Labs IPO RHP for detailed information.

Arvee Labs IPO Details

IPO Date February 9, 2018 to February 14, 2018
Listing Date February 22, 2018
Face Value ₹10 per share
Price ₹61 per share
Lot Size 2000 Shares
Total Issue Size1,460,000 shares
(aggregating up to ₹8.91 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion76,000 shares

Arvee Labs IPO Reservation

Arvee Labs IPO offers 1,536,000 shares. 692,000 (45.05%) to NII, 692,000 (45.05%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered76,000 (4.95%)
Other Shares Offered692,000 (45.05%)
Retail Shares Offered692,000 (45.05%)
Other Shares Offered76,000 (4.95%)
Total Shares Offered1,536,000 (100%)

Arvee Labs IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹122,000
Retail (Max) 1 2000 ₹122,000
Lot Size Calculator

About Arvee Laboratories (India) Limited

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 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 (Arvee Labs IPO Objectives)

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

Arvee Labs IPO Review (Avoid)

[Dilip Davda]  

Considering aggressive pricing and average but inconsistant performance so far, one may give this issue a miss.

Read detail review...

Arvee Labs IPO Subscription Status (Bidding Detail)

The Arvee Labs IPO is subscribed 2.90 times on February 14, 2018 5:00:00 PM. The public issue subscribed 3.62 times in the retail category, times in the QIB category, and 2.18 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Arvee Labs IPO Prospectus

Arvee Labs IPO Rating

Rating:Rated 3.2 stars
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Arvee Labs IPO Listing Details

Listing Date February 22, 2018
BSE Script Code
ISIN INE006Z01016
Final Issue Price ₹61 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Arvee Laboratories (India) Limited Contact Details

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

Arvee Labs IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Arvee Labs IPO - Buy or Not

Arvee Labs IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Arvee Labs IPO FAQs

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 is priced at ₹61 per share. The minimum order quantity is 2000 Shares.

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

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

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

Arvee Labs IPO lot size is 2000 Shares, and the minimum amount required is ₹122,000.

You can apply in Arvee Labs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Arvee Labs IPO listing date is on February 22, 2018.
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Arvee Labs IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



8. Hexadecimal |   Link |  Bookmark |February 22, 2018 1:22:07 PM
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.
7. ramsita |   Link |  Bookmark |February 20, 2018 8:47:45 PM (300+ Posts)
10 allotment out of 14.,,,,,????????
7.1. DownriteVJ |   Link |  Bookmark |February 21, 2018 10:29:25 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
6. DownriteVJ |   Link |  Bookmark |February 14, 2018 1:32:24 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Seriously. What are retail guyz looking for in this damn IPO?
5. IPO Success |   Link |  Bookmark |February 12, 2018 7:32:27 PM
Clear avoid.
4. Eaglebrain |   Link |  Bookmark |February 12, 2018 1:12:14 PM
Clear Cut Avoid.....
3. GuptaA |   Link |  Bookmark |February 8, 2018 11:56:47 AM
Payment of loans of promoters. Investors are fools?
3.1. Huzefa |   Link |  Bookmark |February 11, 2018 8:41:06 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Yes retail investors are really fools. RII quota is already oversubscribed on day one.
2. Rkg |   Link |  Bookmark |February 8, 2018 7:19:46 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
This co is trying to prove that investors are fools.
1. KiranS |   Link |  Bookmark |February 7, 2018 11:29:33 AM
Issue Sizes - 346 lots in NII. 346 lots in RII