Arrowhead Seperation Engineering IPO Date, Review, Price and Allotment Details

The Arrowhead IPO is set to begin on November 16 and end on November 20. This IPO, which is listed on the BSE SME, aims to raise 13.00 crores. The fixed price band for the Arrowhead IPO is 233 per share, with a market lot of 600 shares.

Arrowhead IPO Details

Arrowhead Seperation Engineering Limited specializes in designing and manufacturing various chemical process equipment, focusing on continuous drying and cooling system equipment. The company aspires to create equipment and solutions that meet global standards.

Arrowhead IPO Dates & Price
IPO Open Date16 November 2023
IPO Close Date20 November 2023
IPO Fund SizeApprox ₹13.00 Crores, 558,000 Equity Shares
Face Value₹10 Per Equity Share
IPO Price Band₹233 Per Equity Share
IPO Listing onBSE SME
Retail Quota50% of the net offer
NII Quota50% of the net offer
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here


Arrowhead Seperation Engineering’s key products include dryers like Vacuum Double Drum Dryer, Rotary Dryers, Single Drum Dryer, Double Drum Dryer, Paddle Dryer, Flaker Systems, Totally Enclosed Single Drum Dryer, Continuous Particulate Dryer, and more.

The company is based in Nashik, Maharashtra, with its registered office and manufacturing facility. The factory workshop spans 24,000 sq. ft., with an attached office of 3,000 sq. ft. Currently employing 54 individuals, Arrowhead also collaborates with industry professionals on a project-specific basis.

Arrowhead IPO Market Lot Size

The minimum market lot for the Arrowhead IPO is 600 shares, with a 139,800 application fee.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹139,800
Retail Maximum1600₹139,800
S-HNI Minimum21200₹279,600


Arrowhead IPO Important Dates

The Arrowhead IPO is scheduled for November 16, with the IPO closing on November 20. The IPO allocation deadline is November 23, and the IPO could go public on November 29.

Arrowhead IPO Open DateNovember 16, 2023
Arrowhead IPO Close DateNovember 20, 2023
Allotment DateNovember 23, 2023
RefundsNovember 24, 2023
Credit to Demat AccountNovember 28, 2023
Arrowhead IPO Listing DateNovember 29, 2023


Financial Report of Arrowhead Company

Values are ₹ in Crores
2024 3M₹8.82₹7.96₹0.64
  • Peer Group: NA
  • Company Promoters: Ajit Mundle, Jyoti Mundle

Registrar of Arrowhead IPO 

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]

Company Address

Arrowhead Seperation Engineering Limited
Survey No 39, Village Mundhegaon, Tal
Igatpuri, Nashik 422403
Phone: + 91 84228 2906
Email: [email protected]

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