Arihant Academy Limited IPO Review
Arihant Academy Limited IPO Overview
Arihant Academy Limited, founded in 2007, provides coaching services as well as parallel educational support verticals. The company provides services in the western suburbs of Mumbai, Maharashtra for Class 8, 9, and 10 for both the State Board and the ICSE Board; Class 11 and 12 for the commerce and science sections; science teaching for entrance exams such as JEE (Main), JEE (Advanced), and MHT- Common entrance test (State Level), NEET (National Level), MHT- CET (State Level, Maharashtra), and preparing students for professional exams such as CS and CA for the entry level and 2nd level exam, in the commerce section.
The brand name of the firm is “Arihant Academy.” The organization has grown its presence in the coaching courses industry from 8 branches when it took over the operations of M/s. Arihant Academy has 14 branches across all sectors. Arihant Academy Limited serves around 6,000 students through its 14 coaching centers.
Arihant Academy Limited IPO Details
IPO Date | Dec 16, 2022 to Dec 21, 2022 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹90 per share |
Lot Size | 1600 Shares |
Issue Size | 1,635,200 shares of ₹10 (aggregating up to ₹14.72 Cr) |
Fresh Issue | 1,635,200 shares of ₹10 (aggregating up to ₹14.72 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Market Maker | SHRENI SHARES PRIVATE LIMITED |
Company Promoters | Mr. Anil Suresh Kapasi and Mr. Umesh Anand Pangam are the company promoters. |
Arihant Academy Limited IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 814.3 | 1921.12 | 42.09 |
31-Mar-21 | 829.09 | 1409.77 | 112.56 |
31-Mar-22 | 1104.26 | 1531.97 | 201.86 |
Amount in ₹ Lakhs | |||
Net Worth | Reserves and Surplus | Total Borrowing |
177.17 | 177.17 | 89.38 |
289.73 | 289.73 | 48.98 |
491.59 | 491.59 | 127.6 |
Amount in ₹ Lakhs | ||
Arihant Academy Limited IPO Key Ratios
Updated Soon.
Listing Performance of Arihant Academy Limited IPO
Listed On : NSE SME
Issue Price : ₹90 per share
Listing Day Close :
Listing Day Gain :
Arihant Academy Limited IPO ISIN Number Code
NSE : NA
ISIN CODE : NA
BSE : NA
Arihant Academy Limited IPO Allotment Status
Arihant Academy Limited IPO Important Dates
Opening Date | Dec 16, 2022 |
Closing Date | Dec 21, 2022 |
Basis of Allotment | Dec 26, 2022 |
Initiation of Refunds | Dec 27, 2022 |
Credit of Shares to Demat | Dec 28, 2022 |
Listing Date | Dec 29, 2022 |
Arihant Academy Limited IPO Contact Details
Ground Floor, Triveni Sadan,
Opp Ambe Mata Temple, Carter Road No. 3,
Borivali (East), Mumbai – 400066
Phone: +91 9920781706
Email: investors@arihantacademy.com
Website: http://www.arihantacademy.com/
Arihant Academy Limited IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Arihant Academy Limited IPO FAQ's
The Arihant Academy IPO is a NSE SME IPO of ₹90 per equity share with a face value of 10 per equity share.
The issue size is priced at 1,635,200 shares of ₹10 (aggregating up to ₹14.72 Cr).
The fresh issue size priced at 1,635,200 shares of ₹10 (aggregating up to ₹14.72 Cr).
The initial public offering (IPO) begins on Dec 16, 2022 and ends on Dec 21, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Arihant Academy IPO opens on Dec 16, 2022 and closes on Dec 21, 2022.
Arihant Academy IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
The finalization of Basis of Allotment for Arihant Academy IPO will be done on Dec 26, 2022. and the allotted shares will be credited to your demat account by Dec 28, 2022. Check the Arihant Academy IPO status.
The Arihant Academy IPO listing date is on Dec 29, 2022.
Arihant Academy IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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