31 Mar 2021
Assets50.32
Total Income110.25
Profit After Tax2.88
NET Worth13.02
Reserves and Surplus11.02
Total Borrowing21.98
At a glance
Updated 2026-09-16The shares listed at ₹77.40, a 10.57% move from the issue price. Arabian Petroleum is a SME IPO with an issue size of ₹20.24 crore, proposed for listing on NSE SME. The offer opens on 25th Sep 2023 and closes on 27th Sep 2023. The issue structure includes a fresh issue of ₹19.21 crore. The current listing schedule points to 9th Oct 2023.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹20.24 Cr
Fresh issue₹19.21 Cr
Face value₹10
Price band—–—
Allotment4th Oct 2023
Listing9th Oct 2023
Listing performance
Full performance ↗Issue price₹70.00
Listing price₹77.40
Current price—
Listing gain10.57%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹9.00
GMP / upper priceNO DATA
Est. listing₹79.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2023
Closes27th Sep 2023
Allotment4th Oct 2023
Refund5th Oct 2023
Demat6th Oct 2023
Listing9th Oct 2023
Subscription demand
Full bidding ↗Total19.46×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Incorporated2006
Use of proceeds
| Object | Amount |
|---|---|
| To meet Working Capital requirements | ₹14.00 Cr |
| General Corporate Purpose | ₹4.86 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue243.95₹ Cr · +27.3% vs prior year
PAT4.86₹ Cr · +17.4% vs prior year
Assets76.51₹ Cr · +7.2% vs prior year
Net Worth22.03₹ Cr · +28.4% vs prior year
Borrowing38.31₹ Cr · +29.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets71.35
Total Income191.59
Profit After Tax4.14
NET Worth17.16
Reserves and Surplus15.16
Total Borrowing29.49
31 Mar 2023
Assets76.51
Total Income243.95
Profit After Tax4.86
NET Worth22.03
Reserves and Surplus14.03
Total Borrowing38.31
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.08
Pre-IPO P/E11.51
Post-IPO P/E15.66
Promoter holding pre100%
Promoter holding post73.45%
Market cap₹76.24 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Arabian Petroleum IPO | — | 15.66 x | — | — |
| Shanti Inorganic IPO | — | 16.63 x | — | — |
| Devson Catalyst IPO | — | 12.81 x | — | — |
| Biopol Chemicals IPO | — | 14.58 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees | ₹0.23 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.03 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.04 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.04 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | ₹1.01 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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