Arihant Academy IPO Date, GMP, Review, Price, Form & Market Lot Details

The Arihant Academy IPO has begun on 16 Dec 2022. It will close on 21 Dec 2022. The Total IPO Size is 14.72 Crore. The company set its IPO price is 90 Rs Per Share. Basically, there are two basic categories in Arihant Academy IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).

Arihant Academy is established in 2007.

Arihant Academy is engaged in providing coaching services and parallel educational support vertical in the western suburbs of Mumbai, Maharashtra for Class 8, 9 and 10 for both State Board and ICSE Board; Class 11 and 12 for commerce and science section; tutoring students in science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for entry level and second level exam, in the commerce section.

They offer hybrid model of teaching services through classroom-based coaching under traditional Chalk & Talk concept and digital and distance learning, which supplement our classroom courses and allow students to engage in self-paced learning. The Company operates under the brand name “Arihant Academy”.

Check :- Upcoming SME IPO 2022

Peers company

1) CL Educate Limited
2) Veranda Learning Solutions Limited

Arihant Academy IPO Promotors

1) Anil Suresh Kapasi
2) Umesh Anand Pangam

Arihant Academy IPO Date, Details & Price Band

IPO Opening Dates 16 Dec 2022
IPO Closing Dates 21 Dec 2022
Price Band 90 Rs Per Share
Fresh issue 14.72 Crore
Offer for Sale NIL
Total IPO size 14.72 Crore
Minimum bid (lot size) 1600 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On NSE SME

Arihant Academy IPO Market Lot

The Arihant Academy IPO minimum market lot is 1600 shares With 1,44,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 1600 1,44,000 Rs
Maximum 1 1600 1,44,000 Rs
S-HNI (Min) 2 3200 2,88,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax Earnings per equity share
31-Mar-22 1104.26 1531.97 201.86 4.57
31-Mar-21 829.09 1409.77 112.56 2.55
31-Mar-20 814.3 1921.12 42.09 0.95

Arihant Academy IPO GMP & Grey Market Premium

Arihant Academy IPO GMP/Grey market premium has been started today. Check Latest Arihant Academy IPO GMP, Kostak Rates and Subject to Sauda Price here.

Arihant Academy IPO Prospectus

Arihant Academy IPO
DRHP Download
RHP Download

Arihant Academy IPO Reviews

Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon

Arihant Academy IPO Form Download

Arihant Academy IPO is available on NSE Website as well as on our Portal. Please click here Arihant Academy IPO form Download.

Arihant Academy IPO Allotment Date & Details

Allotment Date 26 Dec 2022
Initiation of refunds 27 Dec 2022
Transfer of shares to Demat accounts 28 Dec 2022
Listing Date 29 Dec 2022
Check Allotment Status Click here

Registrar of Arihant Academy IPO

1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road,Marol,
Andheri East, Mumbai – 400 059, Maharashtra, India.
Tel No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299
E-mail: [email protected]
SEBI Registration No.: INR000001385
Contact Person: Mr. Nilesh Chalke

Arihant Academy Contact Details

Arihant Academy Limited
Ground Floor, Triveni Sadan,
Opp Ambe Mata Temple, Carter Road No. 3,
Borivali (East), Mumbai – 400066
Phone: +91 9920781706
Email: [email protected]

Arihant Academy IPO Lead Managers

Office No. 102, 1st Floor, Sea Lord CHS, Ram Nagar, Borivali (West), Mumbai
– 400 092, Maharashtra, India
Telephone: 022 – 2808 8456
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Ms. Kritika Rupda/ Ms. Kruti Doshi
SEBI Registration Number: INM000012759

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