Arvee Laboratories Ltd IPO Details

Arvee Laboratories started its operations with an aim to become a leader & frontrunner in chemical industry by providing the best and innovative quality chemical products. Our philosophy revolves around the dream envisioned by our founders of establishing an eco-friendly organization dedicated to providing good quality innovative products at very competitive price.

Keeping quality and precision as the benchmark for any operation, Arvee hails to become the most sought after chemical manufacturing company offering best products at very reasonable price. Quality, Service and Advancement are the mainstay of our company which has brought us this far in the chemical industry. From humble beginnings, Arvee has carved a remarkable presence in the chemical industry in a very short span.

Public issue of 14,60,000 equity shares of face value of Rs. 10/- each fully paid up of Arvee Laboratories (India) Limited (ARVEE or the company or the issuer) for cash at a price of Rs. 61/- per equity share (the issue price) (including a share premium of Rs. 51/- per equity share aggregating Rs. 8.91 crores (the issue) by the company, of which 76,000 equity shares of face value of Rs. 10/-each fully paid up Will be reserved for subscription by market maker to the issue (market maker reservationPortion). The issue less the market maker reservation portion i.e. Issue of 13,84,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and The net issue will constitute 26.50% and 25.12% respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10/- each.The Issue price is Rs. 61/- per equity share. The Issue price is 6.10 times the face value

Arvee Laboratories Ltd IPO Details
Issue Open	09-02-2018
Issue Close	14-02-2018
Allotment Date	21-02-2018
Unblocked Amount	22-02-2018
Listing Date	23-02-2018
Issue Share	14,60,000 Equity Share 76,000 Equity Share Reserved by Market Maker
Issue Size	₹ 8.91 Cr
IPO Price Band	₹ 61 Per Share
Minimum Share Bid	2000
Minimum Investment Amount [Rs]	₹ 1,22,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME
Premium [Per Share]	NA
Average Earning Per Share	NA
Expected Listing Gain	₹ -

Arvee Laboratories Ltd IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	3.55	3.50	0.043
FY-2014	11.836	11.813	0.019
FY-2015	13.05	14.05	-1.64
FY-2016	26.92	26.38	0.187
FY-2017	34.93	34.07	1.55
H1-FY-2018	19.80	19.41	0.316

Arvee Laboratories Ltd IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	6,92,000	6,92,000	13,84,000
Day-1 [09-02-2018]	0[0]	9,66,000 [1.40]	9,66,000 [0.70]
Day-2 [12-02-2018]	13,20,000 [1.91]	11,32,000 [1.64]	24,52,000 [1.77]
Day-3 [14-02-2018]	15,08,000 [2.18]	25,02,000 [3.62]	40,10,000 [2.90]

Arvee Laboratories Ltd IPO Valuation Details
Earnings Per Share [EPS]	₹ 3.83
Price/Earnings [P/E] Ratio	15.93
Return on Net Worth [RoNW]	37 %
Net Asset Value [NAV]	₹ 10.36 Per Share

Arvee Laboratories Ltd IPO Contact Details
Arvee Laboratories (India) Limited 4th Floor, Anison Buliding, Stadium Five Roads Swastik Society, Opp. Shreyas Hospital Navrangapura, Ahmedabad- 380009 Phone: +91 79 2674 9036 Email: shalin.patel@arveelabs.com Website: www.arveelabs.com

Registrar of Arvee Laboratories Ltd IPO
BIGSHARE SERVICES PRIVATE LIMITED 1st floor, Bharat Tin works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai 400059 Tel: +91 22 62638200 Fax: +91 22 62638299 Email: ipo@bigshareonline.com Investor Grievance Email: investors@bigshareonline.com Website: www.bigshareonline.com Contact Person: Vipin Gupta SEBI Registration Number: INR000001385

Lead Managers of Arvee Laboratories Ltd IPO
SARTHI CAPITAL ADVISORS PRIVATE LIMITED Unit No. 411, Fourth Floor, Pratap Bhavan, 5 Bahadur Shah Zafar Marg, New Delhi-110002 Tel: +91 11 23739425-27 Fax: +91 11 23739424 Investor Grievance Email: ipo@sarthiwm.in Website: www.sarthi.in Contact Person: Mr. Anand Lakhotia SEBI Registration No.: INM000012011

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Arvee Laboratories Ltd IPO Recommendations
Live IPO Team Recommendation:- Neutral