Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE. PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION. DIRECTLY OR INDIRECTLY OUTSIDE INDIA

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ARVIND AND COMPANY SHIPPING AGENCIES LIMITED
Corporate Identity Numbers: U61200GJ1987PLC0 0 9944

Our Company was originally incorporated as 'Arvind and Company Shipping Agencies Private Limited'' as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 01,1987, issued by the Registrar of Companies, Gujarat, Subsequently Our Company was converted from a private limited company to public limited company pursuant to Shareholders resolution passed in the Extra-Ordinary General Meeting of the company dated March 27.2023 and consequently, the name of our Company was changed to "Arvind and Company Shipping Agencies Limited' and a fresh certificate of incorporation dated April 10, 2023 wasissuedtoourCompanybytheRegistrarofCompanies.Ahmedabad.TheCorporateldentificationNumberofourCompany is U61200GJ1987PLC009944. For details of change in name and registered office of our Company, please refer to chapter titled "History and Corporate Matters" beginning on page no. 137 of the Prospectus.

Registered office: City point 701 to 702, Fifth Floor, Nr. Town Hall, Jamnagar- 361001, Gujarat, India.
Website: www.arvindshipping.com; | E-Mail: info@arvindshipping.com; | Telephone No: + 91 9913411144
Company Secretary and Compliance Officer: Ms. Richie Dhrumil Vandra
PROMOTERS OF THE COMPANY: MR. ARVIND KANTILAL SHAH, MR. VINIT ARVINP SHAH, MRS. PARUL ARVINP SHAH AND MR. CHINTAN ARVINP SHAH
The issue is being made in accordance with Chapter IX of the SEBIICDR Regulations (IPO of Small and Medium Enterprises) and the equity shares are proposed to be listed on Emerge Platform of NSE
BASIS OF ALLOTMENT

PUBLIC ISSUE OF 3276000 EQUITY SHARES OFFACE VALUE OF Rs. 10/- EACH OF ARVIND AND COMPANY SHIPPING AGENCIES LIMITED ("ARVIND AND COMPANY" ORTHE "COMPANY'' OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 45/- PER EQUITYSHAREINCLUOINGA SHARE PREMIUMPREMIUM OFRs. 35/- PER EQUITY SHARE (THE ‘‘ISSUEPRICE') AGGREGATING TO Rs. 1474.20 LAKHS ("THE ISSUE"), OF WHICH 168000 EQUITY SHARES OF FACE VALUE OF Rs. 10/-EACH FOR CASH ATAPRICE OF Rs. 45/-PER EQUITY SHARE INCLUDING ASHARE PREMIUM OF Rs. 35/-PER EQUITYSHARE AGGREG1E AGGREGATING TO Rs. 75.60LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKERTOTHEISSUE(THE "MARKETMAKER RESERVATION PORTION").THE ISSUE LESSTHE MARKET MAKER RESERVATION PORTION i.e.NET ISSUE OF 31 08000 EQUITY SHARES OF FACE VALUE OF Rs. 10/-EACH AT AEACH AT A PRICE OF Rs. 45 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 35 PER EQUITY SHARE AGGREGATIG TO Rs. 1398.60 LAKHS IS HEREIN AFTER REFERRED TO ASTHE" NET ISSUE'. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.99% AND 25.61% RESPECTIVEY OF THE POST ISSUIPOST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

ISSUE PRICE: Rs. 45.00 PER EQUITY SHARE OF FACE VALUE Rs. 10/- EACH.
THE ISSUE PRICE IS 4.50 TIMES OF THE FACE VALUE
RISKS TO INVESTORS

• The Merchant Banker associated with the Issue has handled 20 public issues out of which 1 issue closed below issue price on listing date.

BRLM associated with the issuer has handled 20 Public issues in last 3 Financial years, below are the details;

Particulars Numbers of issues/Offer Handled Issue closed below issue price on listing date
Main Board Nil Nil
SME 20 1

• Average cost of acquisition of Equity Shares held by the Promoters is mentioned below

Sr. No. Name of Promoter No. of Shares held Average Cost of Acquisition per equity share (in Rs. )*
1. Mr. Arvind Kantilal Shah 6158200 1.46
2. Mr. Vinit Arvind Shah 1126500 Nil
3. Mrs. Parul Arvind Shah 450600 1.17
4. Mr. Chintan Arvind Shah 1096460 Nil

• The average cost of acquisition of Equity Shares by our Promoters has been calculated by talking into account the amount paid or by them 10 acquire and Shares alotted to the them against their credit balance in Partners capital Account of erstwhile partnership firm as reduced by amount received on sell of shares i.e. net of sate consideration is divided by net quantity of shares acquired.

Issue Price at the upper end of the Price Band is Rs. 45.00/- per Equity Share. Weighted Average Return on Net worth for Fiscals 2023, 2022 and 2021 is 30.77%.

ISSUE PROGRAM ISSUE OPENED ON: THURSDAY, OCTOBER 12, 2023;
ISSUE CLOSED ON: MONDAY, OCTOBER 16, 2023

Detail of the Applications Received:

CATEGORY NUMBER OF APPLICATIONS NO OF SHARES RESERVED NO OF TIMES SUBSCRIPTION AMOUNT
Market Makers 1 168000 168000 1 7560000
Retail Individual Investors 162771 488313000 1554000 31423 21974085000
Non-Retai Investors 18108 671127000 1554000 431.87 30200715000
TOTAL 52182360000

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on October 19, 2023.

1) Allocation to Retail Individual Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to the Retail individual investors a file Issue Price of Rs. 45/- per equity shares, was finalized in consultation with NSE. The category was subscribed by 314.23 times i.e. for 438313000 Equity Shares. Total number of shares allotted

No. of Shares Applied for (Category wise) No. of Applications received %to total Total No. of Equity Shares applied in this Category %to total Proportionate Shares available Allocation per Applicant Ratio of allottees to applicants Number of successful applicants (after rounding) %to total Total No. of shares allocated/alloted % to total Surplus1' Deflate
Before rounding off After rounding oft
3000 162771 100.00 488313000 100.00 1554000 10 3000 74 23253 518 100 1554000 100 0
TOTAL 162771 100.00 488313000 100.00 1554000 518 100 1554000 100 0

2) Allocation to Non-institutional Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at Issue Price of Rs. 45/- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 431.87 times i.e. for 671127000 Equity Shares the total number of shares allotted in this category is 1554000 Equity Shares to 461 successful applicants. The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No, of Equity Shares applied in this Category % to total Proportionate Shares Available Ratio of allottees to applicants Total Number of shares allotted Surplus,/ Deficite
6000

10576

58.41

6,34,56,000

9.46 1,46,933 49 10576 147000 67
9000

1477

8.16

1,32,93,000

1.98

30,780

10

1477

30000

-780

12000

459

2.53

55,08,000

0.82

12,754

4

459

12000

-754

15000

379

2.09

56,85,000

0.85

13,164

4

379

12000

-1.164

18000

292

1.61

52,56,000

0.78

12,170

1

73

12000

-170

21000

612

3.38

1,28,52,000

1.91

29,759

5

306

30000

241

24000

1322

7.30

3,17,28,000

4.73

73,466

12

661

72000

-1.466

27000

302

1.67

81,54,000

1.21

18,881

3

151

18000

-881

30000

410

2.26

1,23,00,000

1.83

28,481

9

410

27000

-1.481

33000

171

0.94

56,43,000

0.84

13,066

4

171

12000

-1.066

36000

146

0.81

52,56,000

0.78

12,170

2

73

12000

-170

39000

77

0.43

30,03,000

0.45

6,953

2

77

6000

-953

42000

87

0.48

36,54,000

0.54

8,461

1

29

9000

539

45000

139

0.77

62,55,000

0.93

14,484

5

139

15000

516

48000

117

0.65

56,16,000

0.84

13,004

4

117

12000

-1.004

51000

71

0.39

36,21,000

0.54

8,384

3

71

9000

616

54000

89

0.49

48,06,000

0.72

11,128

4

89

12000

872

57000

76

0.42

43,32,000

0.65

10,031

3

76

9000

-1.031

60000

86

0.47

51,60,000

0.77

11,948

2

43

12000

52

63000

56

0.31

35,28,000

0.53

8,169

3

56

9000

831

66000

35

0.19

23,10,000

0.34

5,349

2

35

6000

651

69000

26

0.14

17,94,000

0.27

4,154

1

26

3000

-1.154

72000

25

0.14

18,00,000

0.27

4,168

1

25

3000

-1.168

75000

57

0.31

42,75,000

0.64

9,899

1

19

9000

-899

78000

13

0.07

10,14,000

0.15

2,348

1

13

3000

652

81000

37

0.20

29,97,000

0.45

6,940

2

37

6000

-940

84000

13

0.07

10,92,000

0.16

2,529

1

13

3000

471

87000

3

0.02

2,61,000

0.04

604

0

1

0

-604

90000

57

0.31

51,30,000

0.76

11,879

4

57

12000

121

93000

17

0.09

15,81,000

0.24

3,661

1

17

3000

-661

96000

6

0.03

5,76,000

0.09

1,334

0

1

0

-1,334

99000

21

0.12

20,79,000

0.31

4,814

2

21

6000

1,186

102000

11

0.06

11,22,000

0.17

2,598

1

11

3000

402

105000

15

0.08

15,75,000

0.23

3,647

1

15

3000

-647

108000

19

0.10

20,52,000

0.31

4,751

2

19

6000

1,249

111000

46

0.25

51,06,000

0.76

11,823

2

23

12000

177

114000

10

0.06

11,40,000

0.17

2,640

1

10

3000

360

117000

18

0.10

21,06,000

0.31

4,876

1

9

6000

1,124

120000

31

0.17

37,20,000

0.55

8,614

3

31

9000

386

123000

13

0.07

15,99,000

0.24

3,702

1

13

3000

-702

126000

7

0.04

8,82,000

0.13

2,042

1

7

3000

958

129000

11

0.06

14,19,000

0.21

3,286

1

11

3000

-286

132000

9

0.05

11,88,000

0.18

2,751

1

9

3000

249

135000

11

0.06

14,85,000

0.22

3,439

1

11

3000

-439

138000

5

0.03

6,90,000

0.10

1,598

1

5

3000

1,402

141000

7

0.04

9,87,000

0.15

2,285

1

7

3000

715

144000

5

0.03

7,20,000

0.11

1,667

1

5

3000

1,333

147000

2

0.01

2,94,000

0.04

681

0

1

0

-681

150000

18

0.10

27,00,000

0.40

6,252

1

9

6000

-252

153000

9

0.05

13,77,000

0.21

3,188

1

9

3000

-188

156000

3

0.02

4,68,000

0.07

1,084

0

1

0

-1.084

159000

3

0.02

4,77,000

0.07

1,104

0

1

0

-1,104

162000

5

0.03

8,10,000

0.12

1,876

1

5

3000

1,124

165000

6

0.03

9,90,000

0.15

2,292

1

6

3000

708

168000

8

0.04

13,44,000

0.20

3,112

1

8

3000

-112

171000

2

0.01

3,42,000

0.05

792

0

1

0

-792

174000

3

0.02

5,22,000

0.08

1,209

0

1

0

-1.209

177000

7

0.04

12,39,000

0.18

2,869

1

7

3000

131

180000

15

0.08

27,00,000

0.40

6,252

2

15

6000

-252

183000

13

0.07

23,79,000

0.35

5,509

2

13

6000

491

186000

2

0.01

3,72,000

0.06

861

0

1

0

-861

189000

1

0.01

1,89,000

0.03

438

0

1

0

-438

195000

9

0.05

17,55,000

0.26

4,064

1

9

3000

-1.064

198000

11

0.06

21,78,000

0.32

5,043

2

11

6000

957

201000

7

0.04

14,07,000

0.21

3,258

1

7

3000

-258

204000

1

0.01

2,04,000

0.03

472

0

1

0

-472

207000

5

0.03

10,35,000

0.15

2,397

1

5

3000

603

210000

9

0.05

18,90,000

0.28

4,376

1

9

3000

-1,376

213000

8

0.04

17,04,000

0.25

3,946

1

8

3000

-946

216000

6

0.03

12,96,000

0.19

3,001

1

6

3000

-1

219000

7

0.04

15,33,000

0.23

3,550

1

7

3000

-550

222000

27

0.15

59,94,000

0.89

13,879

5

27

15000

1,121

225000

17

0.09

38,25,000

0.57

8,857

3

17

9000

143

231000

2

0.01

4,62,000

0.07

1,070

0

1

0

- 1,070

237000

1

0.01

2,37,000

0.04

549

0

1

0

549

240000

6

0.03

14,40,000

0.21

3,334

1

6

3000

-334

243000

3

0.02

7,29,000

0.11

1,688

1

3

3000

1,312

246000

4

0.02

9,84,000

0.15

2,278

1

4

3000

722

249000

2

0.01

4,98,000

0.07

1,153

0

1

0

-1,153

252000

1

0.01

2,52,000

0.04

584

0

1

0

-584

255000

9

0.05

22,95,000

0.34

5,314

2

9

6000

686

258000

3

0.02

7,74,000

0.12

1,792

1

3

3000

1,208

261000

1

0.01

2,61,000

0.04

604

0

1

0

-604

264000

1

0.01

2,64,000

0.04

611

0

1

0

- 611

267000

1

0.01

2,67,000

0.04

618

0

1

0

-618

270000

11

0.06

29,70,000

0.44

6,877

2

11

6000

-877

273000

2

0.01

5,46,000

0.08

1,264

0

1

0

-1,264

276000

5

0.03

13,80,000

0.21

3,195

1

5

3000

-195

279000

3

0.02

8,37,000

0.12

1,938

1

3

3000

1,062

282000

1

0.01

2,82,000

0.04

653

0

1

0

-653

285000

3

0.02

8,55,000

0.13

1,980

1

3

3000

1,020

291000

3

0.02

8,73,000

0.13

2,021

1

3

3000

979

294000

2

0.01

5,88,000

0.09

1,362

0

1

0

-1,362

300000

15

0.08

45,00,000

0.67

10,420

1

5

9000

-1,420

303000

1

0.01

3,03,000

0.05

702

0

1

0

-702

309000

3

0.02

9,27,000

0.14

2,146

1

3

3000

854

312000

1

0.01

3,12,000

0.05

722

0

1

0

-722

315000

1

0.01

3,15,000

0.05

729

0

1

0

-729

318000

1

0.01

3,18,000

0.05

736

0

1

0

-736

324000

1

0.01

3,24,000

0.05

750

0

1

0

-750

327000

3

0.02

9,81,000

0.15

2,272

1

3

3000

728

330000

6

0.03

19,80,000

0.30

4,585

1

3

6000

1.415

333000

6

0.03

19,98,000

0.30

4,626

1

3

6000

1,374

336000

3

0.02

10,08,000

015

2,334

1

3

3000

666

339000

1

0.01

3,39,000

0.05

785

0

1

0

-785

342000

1

0.01

3,42,000

0.05

792

0

1

0

-792

345000

1

0.01

3,45,000

0.05

799

0

1

0

-799

348000

3

0.02

10,44,000

0.16

2,417

1

3

3000

583

354000

1

0.01

3,54,000

0.05

820

0

1

0

-820

357000

1

0.01

3,57,000

0.05

827

0

1

0

-827

360000

5

0.03

18,00,000

0.27

4,168

1

5

3000

-1,168

363000

2

0.01

7,26,000

0.11

1,681

1

2

3000

1,319

366000

4

0.02

14,64,000

0.22

3,390

1

4

3000

-390

369000

1

0.01

3,69,000

0.05

854

0

1

0

-854

375000

1

0.01

3,75,000

0.06

868

0

1

0

-868

384000

1

0.01

3,84,000

0.06

889

0

1

0

-889

390000

3

0.02

11,70,000

0.17

2,709

1

3

3000

291

393000

4

0.02

15,72,000

0.23

3,640

1

4

3000

-640

399000

3

0.02

11,97,000

0.18

2,772

1

3

3000

228

402000

5

0.03

20,10,000

0.30

4,654

2

5

6000

1.346

414000

2

0.01

8,28,000

0.12

1,917

1

2

3000

1,083

420000

2

0.01

8,40,000

0.13

1,945

1

2

3000

1,055

426000

1

0.01

4,26,000

0.06

986

0

1

0

-986

432000

1

0.01

4,32,000

0.06

1,000

0

1

0

-1,000

435000

2

0.01

8,70,000

0.13

2,014

1

2

3000

986

438000

1

0.01

4,38,000

0.07

1,014

0

1

0

-1,014

444000

3

0.02

13,32,000

0.20

3,084

1

3

3000

-84

447000

2

0.01

8,94,000

0.13

2,070

1

2

3000

930

450000

8

0.04

36,00,000

0.54

8,336

3

8

9000

664

453000

1

0.01

4,53,000

0.07

1,049

0

1

0

-1,049

456000

1

0.01

4,56,000

0.07

1,056

0

1

0

-1.056

459000

1

0.01

4,59,000

0.07

1,063

0

1

0

-1,063

462000

2

0.01

9,24,000

0.14

2,140

1

2

3000

860

465000

5

0.03

23,25,000

0.35

5,384

2

5

6000

616

471000

1

0.01

4,71,000

0.07

1,091

0

1

0

-1,091

483000

1

0.01

4,83,000

0.07

1,118

0

1

0

-1,118

486000

1

0.01

4,86,000

0.07

1,125

0

1

0

-1,125

489000

2

0.01

9,78,000

0.15

2,265

1

2

3000

735

495000

1

0.01

4,95,000

0.07

1,146

0

1

0

-1,146

501000

2

0.01

10,02,000

0.15

2,320

1

2

3000

680

507000

2

0.01

10,14,000

0.15

2,348

1

2

3000

652

519000

2

0.01

10,38,000

0.15

2,403

1

2

3000

597

522000

1

0.01

5,22,000

0.08

1,209

0

1

0

-1,209

534000

1

0.01

5,34,000

0.08

1,236

0

1

0

-1,236

549000

1

0.01

5,49,000

0.08

1,271

0

1

0

-1,271

555000

3

0.02

16,65,000

0.25

3,855

1

3

3000

-855

558000

1

0.01

5,58,000

0.08

1,292

0

1

0

-1,292

561000

1

0.01

5,61,000

0.08

1,299

0

1

0

-1,299

564000

1

0.01

5,64,000

0.08

1,306

0

1

0

-1,306

567000

1

0.01

5,67,000

0.08

1,313

0

1

0

-1,313

570000

6

0.03

34,20,000

0.51

7,919

1

2

9000

1,081

573000

1

0.01

5,73,000

0.09

1,327

0

1

0

-1.327

576000

2

0.01

11,52,000

0.17

2,667

1

2

3000

333

579000

1

0.01

5,79,000

0.09

1,341

0

1

0

-1,341

582000

2

0.01

11,64,000

0.17

2,695

1

2

3000

305

585000

2

0.01

11,70,000

0.17

2,709

1

2

3000

291

591000

1

0.01

5,91,000

0.09

1,368

0

1

0

-1.368

594000

1

0.01

5,94,000

0.09

1,375

0

1

0

-1,375

600000

3

0.02

18,00,000

0.27

4,168

1

3

3000

-1,168

603000

1

0.01

6,03,000

009

1,396

0

1

0

-1.396

609000

1

0.01

6,09,000

0.09

1,410

0

1

0

-1.410

621000

3

0.02

18,63,000

0.28

4,314

1

3

3000

-1.314

627000

2

0.01

12,54,000

0.19

2,904

1

2

3000

96

630000

2

0.01

12,60,000

0.19

2,918

1

2

3000

82

633000

2

0.01

12,66,000

0.19

2,931

1

2

3000

69

651000

1

0.01

6,51,000

0.10

1,507

1

1

0

-1,507

657000

2

0.01

13,14,000

0.20

3,043

1

2

3000

-43

660000

2

0.01

13,20,000

0.20

3,056

1

2

3000

-56

663000

2

0.01

13,26,000

0.20

3,070

1

2

3000

-70

666000

2

001

13,32,000

0.20

3,084

1

2

3000

-84

672000

2

001

13,44,000

0.20

3,112

1

2

3000

-112

675000

1

0.01

6,75,000

0 10

1,563

1

1

0

-1,563

690000

1

0.01

6,90,000

0.10

1,598

1

1

0

-1,598

693000

1

001

6,93,000

0 10

1,605

1

1

3000

1,395

696000

1

0.01

6,96,000

0.10

1,612

1

1

3000

1,388

699000

1

0.01

6,99,000

0 10

1,619

1

1

3000

1,381

705000

2

0.01

14,10,000

0.21

3,265

1

2

3000

-265

711000

3

0.02

21,33,000

0.32

4,939

2

3

6000

1,061

714000

2

0.01

14,28,000

0.21

3,307

1

2

3000

-307

717000

1

0.01

7,17,000

0.11

1,660

1

1

3000

1,340

720000

1

0.01

7,20,000

0.11

1,667

1

1

3000

1,333

723000

1

0.01

7,23,000

0.11

1,674

1

1

3000

1,326

726000

2

0.01

14,52,000

0.22

3,362

1

2

3000

-362

729000

2

0.01

14,58,000

0.22

3,376

1

2

3000

-376

732000

1

0.01

7,32,060

0.11

1,695

1

1

3000

1,305

738000

1

0.01

7,38,000

0.11

1,709

1

1

3000

1,291

747000

1

0.01

7,47,000

011

1,730

1

1

3000

1,270

753000

2

0.01

15,06,000

0.22

3,487

1

2

3000

-487

756000

1

0.01

7,56,000

0.11

1,751

1

1

3000

1,249

759000

1

001

7,59,000

0.11

1,757

1

1

3000

1,243

762000

2

0.01

15,24,000

0.23

3,529

1

2

3000

-529

765000

1

001

7,65,000

0 11

1,771

1

1

3000

1,229

768000

1

001

7,68,000

011

1,778

1

1

3000

1,222

771000

1

001

7,71,000

0 11

1,785

1

1

3000

1,215

774000

1

0.01

7,74,000

0.12

1,792

1

1

3000

1,208

777000

2

0.01

15,54,000

0.23

3,598

1

2

3000

-598

783000

4

0.02

31,32,000

0.47

7,252

1

2

6000

-1,252

801000

2

0.01

16,02,000

0.24

3,709

1

2

3000

-709

804000

1

0.01

8,04,000

0.12

1,862

1

1

3000

1.138

807000

2

0.01

16,14,000

0.24

3,737

1

2

3000

-737

810000

2

0.01

16,20,000

0.24

3,751

1

2

3000

-751

813000

2

0.01

16,26,000

0.24

3,765

1

2

3000

-765

816000

1

0.01

8,16,000

0.12

1,889

1

1

3000

1.111

819000

3

0.02

24,57,000

0.37

5,689

2

3

6000

311

822000

1

0.01

8,22,000

0.12

1,903

1

1

3000

1.097

825000

1

0.01

8,25,000

0.12

1,910

1

1

3000

1.090

828000

2

0.01

16,56,000

0.25

3,834

1

2

3000

-834

834000

1

0.01

8,34,000

0.12

1,931

1

1

3000

1.069

837000

1

0.01

8,37,000

0.12

1,938

1

1

3000

1.062

840000

1

0.01

8,40,000

0.13

1,945

1

1

3000

1.055

846000

1

0.01

8,46,000

0.13

1,959

1

1

3000

1,041

849000

1

0.01

8,49,000

0.13

1,966

1

1

3000

1,034

855000

1

0.01

8,55,000

0.13

1,980

1

1

3000

1,020

861000

1

0.01

8,61,000

0.13

1,994

1

1

3000

1,006

873000

1

0.01

8,73,000

0.13

2,021

1

1

3000

979

876000

1

0.01

8,76,000

0.13

2,028

1

1

3000

972

879000

2

0.01

17,58,000

0.26

4,071

1

2

3000

-1,071

882000

2

0.01

17,64,000

0.26

4,085

1

2

3000

-1,085

885000

1

0.01

8,85,000

0.13

2,049

1

1

3000

951

888000

2

0.01

17,76,000

0.26

4,112

1

2

3000

-1,112

894000

1

0.01

8,94,000

0.13

2,070

1

1

3000

930

900000

1

0.01

9,00,000

0.13

2,084

1

1

3000

916

906000

1

0.01

9,06,000

0.13

2,098

1

1

3000

902

924000

2

0.01

18,48,000

0.28

4,279

1

2

3000

-1,279

933000

1

0.01

9,33,000

0.14

2,160

1

1

3000

840

942000

1

0.01

9,42,000

0.14

2,181

1

1

3000

819

945000

3

0.02

28,35,000

0.42

6,564

2

3

6000

-564

960000

1

0.01

9,60,000

0.14

2,223

1

1

3000

777

972000

1

0.01

9,72,000

0.14

2,251

1

1

3000

749

975000

1

0.01

9,75,000

0.15

2,258

1

1

3000

742

984000

1

0.01

9,84,000

0.15

2,278

1

1

3000

722

993000

1

0.01

9,93,000

0.15

2,299

1

1

3000

701

996000

1

0.01

9,96,000

0.15

2,306

1

1

3000

694

1002000

1

0.01

10,02,000

0.15

2,320

1

1

3000

680

1026000

2

0.01

20,52,000

0.31

4,751

1

1

6000

1,249

1050000

1

0.01

10,50,000

0.16

2,431

1

1

3000

569

1062000

1

0.01

10,62,000

0.16

2,459

1

1

3000

541

1080000

1

0.01

10,80,000

0.16

2,501

1

1

3000

499

1089000

1

0.01

10,89,000

0.16

2,522

1

1

3000

478

1092000

1

0.01

10,92,000

0.16

2,529

1

1

3000

471

1101000

3

0.02

33,03,000

0.49

7,648

1

1

9000

1.352

1107000

1

0.01

11,07,000

0.16

2,563

1

1

3000

437

1110000

1

0.01

11,10,000

0.17

2,570

1

1

3000

430

1113000

4

0.02

44,52,000

0.66

10,309

3

4

9000

-1,309

1116000

1

0.01

11,16,000

0.17

2,584

1

1

3000

416

1119000

1

0.01

11,19,000

0.17

2,591

1

1

3000

409

1128000

1

0.01

11,28,000

0.17

2,612

1

1

3000

388

1131000

1

0.01

11,31,000

0.17

2,619

1

1

3000

381

1134000

1

0.01

11,34,000

0.17

2,626

1

1

3000

374

1137000

1

0.01

11,37,000

0.17

2,633

1

1

3000

367

1146000

1

0.01

11,46,000

0.17

2,654

1

1

3000

346

1152000

1

0.01

11,52,000

0.17

2,667

1

1

3000

333

1158000

1

0.01

11,58,000

0.17

2,681

1

1

3000

319

1161000

1

0.01

11,61,000

0.17

2,688

1

1

3000

312

1170000

1

0.01

11,70,000

0.17

2,709

1

1

3000

291

1176000

2

0.01

23,52,000

0.35

5,446

1

1

6000

554

1191000

1

0.01

11,91,000

0.18

2,758

1

1

3000

242

1200000

1

0.01

12,00,000

0.18

2,779

1

1

3000

221

1206000

1

0.01

12,06,000

0.18

2,793

1

1

3000

207

1212000

1

0.01

12,12,000

0.18

2,806

1

1

3000

194

1215000

1

0.01

12,15,000

0.18

2,813

1

1

3000

187

1230000

1

0.01

12,30,000

0.18

2,848

1

1

3000

152

1293000

1

0.01

12,93,000

0.19

2,994

1

1

3000

6

1311000

1

0.01

13,11,000

0.20

3,036

1

1

3000

-36

1329000

1

0.01

13,29,000

0.20

3,077

1

1

3000

-77

1350000

1

0.01

13,50,000

0.20

3,126

1

1

3000

-126

1356000

1

0.01

13,56,000

0.20

3,140

1

1

3000

-140

1368000

1

0.01

13,68,000

0.20

3,168

1

1

3000

-168

1380000

1

0.01

13,80,000

0.21

3,195

1

1

3000

-195

1404000

1

0.01

14,04,000

0.21

3,251

1

1

3000

-251

1425000

1

0.01

14,25,000

0.21

3,300

1

1

3000

-300

1443000

1

0.01

14,43,000

0.22

3,341

1

1

3000

-341

1446000

1

0.01

14,46,000

0.22

3,348

1

1

3000

-348

1476000

1

0.01

14,76,000

0.22

3,418

1

1

3000

-418

1500000

1

0.01

15,00,000

0.22

3,473

1

1

3000

-473

1551000

1

0.01

15,51,000

0.23

3,591

1

1

3000

-591

1554000

6

0.03

93,24,000

1.39

21,590

1

1

18000

-3,590

1554000

0

0.00

0

0.00

0

1

6

3000

3,000

1557000

1

0.01

15,57,000

0.23

3,605

1

1

3000

-605

1599000

1

0.01

15,99,000

0.24

3,702

1

1

3000

-702

1602000

1

0.01

16,02,000

0.24

3,709

1

1

3000

-709

1713000

1

0.01

17,13,000

0.26

3,966

1

1

3000

-966

1740000

1

0.01

17,40,000

0.26

4,029

1

1

3000

-1,029

1884000

2

0.01

37,68,000

0.56

8,725

1

1

6000

-2,725

1884000

0

0.00

0

0.00

0

1

2

3000

3,000

1902000

1

0.01

19,02,000

0.28

4,404

1

1

3000

-1,404

1947000

1

0.01

19,47,000

0.29

4,508

1

1

3000

-1,508

2007000

1

0.01

20,07,000

0.30

4,647

1

1

6000

1.353

2013000

1

0.01

20,13,000

0.30

4,661

1

1

6000

1,339

2031000

1

0.01

20,31,000

0.30

4,703

1

1

6000

1,297

2100000

1

0.01

21,00,000

0.31

4,863

1

1

6000

1,137

2112000

1

0.01

21,12,000

0.31

4,890

1

1

6000

1.110

2118000

1

0.01

21,18,000

0.32

4,904

1

1

6000

1,096

2175000

1

0.01

21,75,000

0.32

5,036

1

1

6000

964

2178000

1

0.01

21,78,000

0.32

5,043

1

1

6000

957

2313000

1

0.01

23,13,000

0.34

5,356

1

1

6000

644

2340000

1

0.01

23,40,000

0.35

5,418

1

1

6000

582

2418000

1

0.01

24,18,000

0.36

5,599

1

1

6000

401

2502000

1

0.01

25,02,000

0.37

5,793

1

1

6000

207

2529000

1

0.01

25,29,000

0.38

5,856

1

1

6000

144

2700000

1

0.01

27,00,000

0.40

6,252

1

1

6000

-252

3015000

1

0.01

30,15,000

0.45

6,981

1

1

6000

-981

3102000

4

0.02

1,24,08,000

1.85

28,731

1

1

24000

-4,731

3102000

0

0.00

0

0.00

0

1

2

6000

6.000

3105000

2

0.01

62,10,000

0.93

14,379

1

1

12000

-2,379

3105000

0

0.00

0

0.00

0

1

2

3000

3,000

3108000

22

0.12

6,83,76,000

10.19

1,58,325

1

1

132000

-26,325

3108000

0

0.00

0

0.00

0

9

22

27000

27,000

Total

18108

100.00

671127000

100.00

1554000

1554000

0

3) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to Market Maker, at Issue Price of Rs. 45/- per Equity Shares, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e. for 168000 Equity shares the total number of shares allotted in this category is

No. of Shares Applied for (Category wise) No. of Applications received %to total Total No. of Equity Shares applied in this Category %to total No. of Equity Shares allocated/allotted per Applicant Ratio Total Number of shares allotted Surplus/ Deficite
168000 1 100 168000 100 168000 1 1 168000 -
TOTAL 1 100 168000 100 168000 168000 -

The Board of Directors of the Company at its meeting held on October 19,2023 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The CAN-cum-allotment advices and/or notices was forwarded to the email id* and address of the Applicants as registered with the depositories/as filled in the application form on or before October 19, 2023. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount was processed on or prior to October 19, 2023. In case the same is not received within ten days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the NSE EMERGE within six wording days from the date of the closure of the issue.

Note: All capitalized terms used and not defined herein shall have ihe respective meanings assigned to them in the Prospect us dated October 05, 2023 ("Prospectus") filed with Registrar of Companies. Ahmedabad.

CORRIGENDUM TO THE PROSPECTUS DATED OCTOBER 05. 2023 NOTICE TO THE INVESTORS ("THE CORRIGENDUM")

This corrigendum is with reference to the Prospectus dated October 05. 2023 filed with ROC- Ahmedabad filed in relation to the Issue. In this regard, please note ihe following.

(1) Date of signing of Statement of Possible Tax Benefits Should be read as May 15, 2023 instated of June 12.2023.

(2) Date of the certificate towards source and deployment towards the object of the issue should be read as October 04, 2023 instead of June 12, 2023.

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue. Skyline Financial Services Private Limited at www.skylinerta.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
SEBI Registration Number: INR000003241
Address: D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi -110020, India.
Tel. Number: 011-40450193-197 | Fax: 011-26812683
Emai Id: lpo@skylinerta.com | Website: www.skylinerta.com
Investors Grievance Id: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
CIN: U74899DL1995PTC071324
For Arvind And Company Shipping Agencies Limited
On behalf of the Board of Directors
Sd/-
Arvind Kantilal Shah
Date: October 20, 2023 Chairman cum Managing Director
Place: Jamnagar DIN: 00094647

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF ARVIND AND COMPANY SHIPPING AGENCIES LIMITED.

Arvind And Company Shipping Agencies Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar of Companies. Ahmedabad. The Prospectus is available on the website of SEBI at www.sebi.gov.in. the website of the Lead Manager at www.beelinemb.com. website of the NSE at www.nseindia.com and wbsite of Issuer Company at www.arvindshipping.com. Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 23 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act*) or any state securities law in United States and may not be Issued or sold within the United States or to. or for the account or benefit of. "U.S. persons" (as defined in the Regulations under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

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