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Arvee Laboratories (India) Limited

Subscription starting from 9th Feb 2018 to 14th Feb 2018

4.7 (93.33%) 6 votes

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Arvee Laboratories (India) Limited is into Chemical Industry which produces the best quality chemical products. The company is located in Gujarat, have occupied themselves in trading in specialty chemicals.

Polymer Modifiers, Contrast Media Intermediates and Drug Intermediates are the products manufactured at Arvee Labs. The company have served to both domestic and International market demands.The Company also have a plans of extending its wings in near future.

Currently, the company is discussing with IDBI Bank to come into the terms about tie-up to take over the business of Skylead Chemicals Limited which as been announced as a weak from Board for Industrial and Financial Reconstruction.

Objects of the Issue:

1. Re-payment of Unsecured Loans of Promoters;
2. Issue Expenses.

Company Promoters:

Mr. Shalin Sudhakarbhai Patel and Mr. Shalin Bharat Chokshi are the promoters of the company.

Arvee Labs – IPO HIGHLIGHTS:

ESTABLISHED 2012
SECTOR Chemical
OPERATION Gujarat, India
GLOBAL PRESENCE: NO
SERVICES AVAILABLE Providers of Polymer Modifiers, Contrast Media Intermediates and Drug Intermediates chemicals
TOTAL ASSETS in Million 356.75
TOTAL REVENUE 349.37
NET PROFIT AS ON 2017 15.52
IPO OFFER PRICE Rs 61 Per Equity Share
FRESH ISSUE 1,460,000 Equity Shares of Rs 10 aggregating up to Rs 8.91 Cr
OFFER FOR SALE Nil
TOTAL IPO SIZE 1,460,000 Equity Shares of Rs 10 aggregating up to Rs 8.91 Cr
LOT SIZE 2000 Shares
FACE VALUE Rs 10 Per Equity Share
LISTING ON NSE SME
LISTING DATE 9th Feb 2018 to 14th Feb 2018
ALLOTMENT ON XXX
CREDIT OF EQUITY SHARES XXX
STOCK EXCHANGE TRADING AVAILABILITY XXX
REG COMPANY ADDRESS: Arvee Laboratories (India) Limited

49/3-B, Shyamal Row Houses,
Nr. Shyamal Cross Roads,
Satellite, Ahmedabad – 380 015,
Gujarat, India

EMAIL sales@arveelabs.com
WEB www.arveelabs.com

 

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