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
| DRHP | Download |
| RHP | Download |
Arihant Academy IPO Reviews
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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
BIGSHARE SERVICES PRIVATE LIMITED
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]
Website: www.bigshareonline.com
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]
Website: http://www.arihantacademy.com/
Arihant Academy IPO Lead Managers
SHRENI SHARES PRIVATE LIMITED
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]
Website: www.shreni.in
Contact Person: Ms. Kritika Rupda/ Ms. Kruti Doshi
SEBI Registration Number: INM000012759