Arihant Academy IPO Details: Arihant Academy IPO date is fastened, The IPO will open on December 16 and can shut on December 21, 2022. Arihant Academy is an NSE SME IPO to lift ₹14.72 crores by way of IPO. The Arihant Academy IPO worth band is fastened at ₹90 with a market lot of 1600 shares.
Arihant Academy Limited is a Premium Coaching Institute in Mumbai. They present teaching providers for Class 8 to 10 for the state and ICSE board. They are one of many well-known names within the teaching institute working beneath their model identify “Arihant Academy”.
They present providers for Class 11 and 12 for the commerce and science part as effectively. They additionally present providers for entrance exams resembling JEE (Main), JEE (Advanced) and MHT- CET (State stage), NEET (National Level), MHT- CET (State Level, Maharashtra) and making ready college students for skilled exams resembling CS and CA for the entry-level and second stage examination, within the commerce part.
Objects of the Issue:
- Funding working capital necessities.
- General Corporate Purposes.
Arihant Academy IPO Review
| Date | GMP | Kostak | Subject to |
| 10 December | ₹- | ₹- | ₹- |
Arihant Academy IPO Date & Price Band Details
| IPO Open: | December 16, 2022 |
| IPO Close: | December 21, 2022 |
| IPO Size: | Approx ₹14.72 Crores, 1,635,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹90 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the online provide |
| NII Quota: | 50% of the online provide |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Arihant Academy IPO Market Lot
The Arihant Academy IPO minimal market lot is 1600 shares with a ₹144,000 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹144,000 |
| Retail Maximum | 1 | 1600 | ₹144,000 |
| S-HNI Minimum | 2 | 3200 | ₹288,000 |
Arihant Academy IPO Dates
The Arihant Academy IPO date is December 16 and the IPO shut date is December 21. The IPO allotment date is December 26 and the IPO may listing on December 29.
| IPO Open Date: | December 16, 2022 |
| IPO Close Date: | December 21, 2022 |
| Basis of Allotment: | December 26, 2022 |
| Refunds: | December 27, 2022 |
| Credit to Demat Account: | December 28, 2022 |
| IPO Listing Date: | December 29, 2022 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Arihant Academy IPO Form
How to use Arihant Academy IPO? You can apply Arihant Academy IPO by way of ASBA out there in your checking account. Just go to the net financial institution login and apply by way of your checking account by deciding on the Arihant Academy IPO within the Invest part. The different possibility you’ll be able to apply Arihant Academy IPO by way of IPO varieties obtain by way of the NSE web site. Check out the Arihant Academy varieties – click on NSE IPO Forms obtain, fill and submit in your financial institution or along with your dealer.
Arihant Academy Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹19.21 | ₹18.56 | ₹0.42 |
| 2021 | ₹14.10 | ₹12.58 | ₹1.13 |
| 2022 | ₹15.32 | ₹12.62 | ₹2.02 |
Arihant Academy IPO Valuation – FY2022
Check Arihant Academy IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.
| Earning Per Share (EPS): | ₹4.57 per Equity Share |
| Price/Earning P/E Ratio: | 19.69 |
| Return on Net Worth (RoNW): | 40.93% |
| Net Asset Value (NAV): | ₹11.14 per Equity Share |
Peer Group
- CL Educate Limited
- Veranda Learning Solutions Limited
- Mr. Anil Suresh Kapasi
- Mr. Umesh Anand Pangam
Arihant Academy IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Arihant Academy IPO Allotment Status
Check Arihant Academy IPO allotment standing on Bigshar web site URL. Click Here
Arihant Academy IPO Lead Managers
- SHRENI SHARES PRIVATE LIMITED
Company Address
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 FAQs
What is Arihant Academy IPO?
Arihant Academy IPO is an NSE SME IPO. They are going to increase ₹14.72 Crores by way of IPO. The subject is priced at ₹90 per fairness share. The IPO is to be listed on NSE.
When Arihant Academy IPO will open?
What is Arihant Academy IPO Investors Portion?
How to Apply the Arihant Academy IPO?
How to Apply the Arihant Academy IPO via Zerodha?
How to Apply the Arihant Academy IPO via Upstox?
How to Apply the Arihant Academy IPO via Paytm Money?
What is Arihant Academy IPO Size?
What is Arihant Academy IPO Price Band?
Arihant Academy IPO Price Band is ₹90 per fairness share.
What is Arihant Academy IPO Minimum and Maximum Lot Size?
What is Arihant Academy IPO Allotment Date?
What is Arihant Academy IPO Listing Date?
Note: The Arihant Academy IPO particulars are introduced formally. The IPO gray market premium (Arihant Academy IPO Premium) is up to date on the respective web page. You can test our IPO gray market web page for day by day updates.)
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