Arabian Petroleum Limited

Company Profile
Company Name Arabian Petroleum Limited
Open Date 25-09-2023
Close Date 27-09-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹ 70 per share
Issue Size 2,892,000 shares
Application Amount ₹ 1,40,000
Recommendation Apply
Arabian Petroleum Limited was incorporated in the year 2006 and has its registered office in Thane, Maharashtra. The company is in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc., used for application in automobiles and industrial machines and appliances. Company’s business is categorized into two distinctive product division: (i) Automotive Lubricants – Arzol and (ii) Industrial Lubricants – SPL. Company is dedicated to consistently providing products that deliver stellar quality and comply with statutory requirements in the Automotive and Industrial Lubricants domain. As on 31st March 2023, the company had 207 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 5,031.88 7,134.93 7,650.88
Net Assets 1,301.98 1,716.32 2,202.80
Total Borrowings 2,197.76 2,948.98 3,830.66
Total Revenue 11,024.53 19,159.10 24,394.67
Profit After Tax 287.53 414.35 486.48

Tentative Timeline

Opening Date 25-09-2023
Closing Date 27-09-2023
Basis of Allotment 04-10-2023
Initiation of Refunds 05-10-2023
Credit of Shares to Demat 06-10-2023
Listing Date 09-10-2023

Objects of the Issue

To meet Working Capital requirements.
General corporate purposes.
To meet issue expenses.

Contact Information

Registered Office Arabian Petroleum Limited Plot 14-B, Morivali M.I.D.C., Opp. Positive Packaging, Ambernath (W), Ambernath, Thane - 421505
Phone +0251-2395601

Registrar Details

Name Purva Sharegistry India Pvt Ltd
Phone +91-022-23018261/ 23016761

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.45%

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