Arabian Petroleum IPO

Arabian Petroleum Limited

₹1,40,000 /2000 sharesMinimum Investment

Arabian Petroleum IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Sep ‘23 - 27 Sep ‘23₹1,40,0002,000₹70 - ₹70
Issue SizeIPO Doc
20.24Cr
RHP PDF

About Arabian Petroleum

Arabian Petroleum was incorporated in 2009. It specializes in producing a wide variety of lubricants, including specialty oils and coolants, designed for both industrial and automotive purposes. The company operates with two primary product divisions: automotive lubricants, known as 'Arzol' and industrial lubricants, branded as 'SPL.' The company serves a diverse customer base, both within the country and internationally, spanning various industries such as pharmaceuticals, FMCG, chemicals, steel, rubber and tire, power generation, civil engineering, electrical appliances, textiles, telecommunications, chemicals, cables, conductors, and the automotive sector. The company also generates revenue through contracts with government entities at both the central and state levels. Moreover, the company offers private-label manufacturing and packaging services to select B2B and B2C clients for lubricants. ;
Founded in
2009
Managing director
Mr. Hemant Dalsukhrai Mehta
Parent organisation
Arabian Petroleum Limited

Strengths & Financials of Arabian Petroleum

Strengths
Risks
Arabian Petroleum's product portfolio serves a diverse range of industries, including pharmaceuticals, FMCG, chemicals, steel, rubber and tire, power, civil engineering, electrical appliances, textiles, telecommunications, cables, conductors, and the automobile sector.
The company has a track record of successful innovations, such as High-Speed Knitting Oil and Water-based alkaline cleaners. They are currently working on the development of Expander Oil.
In 2021, Arabian Petroleum received a license from the American Petroleum Institute (API) to display the API mark on select products like Arzol Milage Synactiv, Arzol Super Duty, and Arzol Synpros.
The company has certifications from organizations like Volvo Group Trucks Technology, Renault Group, and MACK Trucks, particularly for their Milage Synactivs 15W-40 engine oil product.
The company recently secured OEM approval from Bharat Earth Movers Limited for various products, including engine oil and hydraulic oil.
The company has a clientele including well-known companies like Varroc Engineering Limited, Mahindra First Choice Services Limited, Greaves Cotton Limited, and Gabriel India Limited. They also serve government clients, including BEML Limited, Bharat Coking Coal Limited, Bharat Electronics Limited, Hindustan Aeronautics Limited, Indian Air Force, and various coalfields and railway corporations.
Their reach extends beyond India, with exports to countries such as Guyana, Oman, Qatar, Vietnam, Sri Lanka, Sierra Leone, Zambia, Bangladesh, Chile, Jordan, Seychelles, Maldives, Fiji, Congo, Guatemala, Suriname, Peru, Mauritius, and Dubai.
Arabian Petroleum has earned recognition as a High Growth Company in the Asia-Pacific region, as acknowledged in a report by the Financial Times for consecutive years in 2021 and 2022.
In 2021, Industry Outlook ranked the company among the Top 10 Lubricant manufacturers.

Arabian Petroleum Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Arabian Petroleum IPO

Apply asPrice bandApply upto
Regular70 - 70₹2 Lakh
High Networth Individual70 - 70₹2 - 5 Lakh
For Arabian Petroleum IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW