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Arrowhead Seperation Engineering Limited

Arrowhead Seperation Engineering Limited

smelisted
Registrar: Cameo Corporate Services Limited · Listing 2023-11-28
IPO Timeline
Today · 20 Oct 2026
Opens
16 Nov 2023
Closes
20 Nov 2023
Allotment
18 Nov 2023
Refund
24 Nov 2023
Demat
23 Nov 2023
Listing
28 Nov 2023
Price Band
₹233–233
GMP
₹0
0%
Lot Size
600 Shares
Min ₹139,800
Subscription
0x
Issue Size
₹13 Cr
Open
2023-11-16
Close
2023-11-20
Listing
2023-11-28

About the company

## **About Arrowhead Seperation Engineering Limited** Incorporated in 1991, Arrowhead Seperation Engineering Limited  has been in the dryer manufacturing business for more than two decades now and the team with its experience has been instrumental in driving growth and business strategies of the Company. They have been continuously focusing on upgrading ourselves with better designs and team to be able to cater the needs of clients and provide them with quality equipment. They have established a network and healthy client base due to their quality product with customization as per client’s requirements. The Factory is a workshop where the process of welding, grinding and machining is done as and when the customer order is received. The Company offers customization facilities to all the customers as per their particular requirements and specifications. The Company’s strength and goodwill is generated from their continued focus on customer satisfaction and it has been a key attribute in the growth of their business. The team focuses on each order and defines the process and plan accordingly. This provides complete satisfaction to our customer and helps them to achieve their purpose from the product in impromptu and systematic manner and also enable us to expand our business from existing customers to new clients through mouth publicity. They conduct detailed surveys during project execution, at the time of possession, and post-sales to generate customer insights that allow us to consistently enhance customer experience throughout the equipment life cycle, assess trends and changing customer preferences and incorporate the same in our manufacturing process. Arrowhead Seperation Engineering Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives  1. Repayment of Loan from NBFC’s  2. Funding Working capital requirements  3. General Corporate Purpose Here are key details about the Arrowhead Seperation Engineering Limited IPO: Company Name| **Arrowhead Seperation Engineering Limited Limited**|  | Company Incorporated In| **1991** ---|---|---|---|--- Arrowhead Seperation Engineering Limited IPO Opening Date|**November 16, 2023**Arrowhead Seperation Engineering Limited IPO Price band|**₹233 per share**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 28 Nov 2023
      Listed 1057 days ago
      1. IPO Opens

        Completed
        16 Nov 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        20 Nov 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        18 Nov 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        24 Nov 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        23 Nov 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        28 Nov 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      600 shares
      Price / Share (upper)
      ₹233
      Min Investment (1 lot)
      ₹139,800
      Price Band
      ₹233–233
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      600
      Min amount
      ₹139,800
      Max amount
      ₹139,800
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      1200
      Min amount
      ₹279,600
      Max amount
      ₹279,600

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹6.5 Cr
      Shares offered
      278,970
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.95 Cr
      Shares offered
      83,691
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹4.55 Cr
      Shares offered
      195,279
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).