Arihant Academy IPO Details: Arihant Academy IPO date is fixed, The IPO will open on December 16 and will close on December 21, 2022. Arihant Academy is an NSE SME IPO to raise ₹14.72 crores via IPO. The Arihant Academy IPO price band is fixed at ₹90 with a market lot of 1600 shares.
Arihant Academy Limited is a Premium Coaching Institute in Mumbai. They provide coaching services for Class 8 to 10 for the state and ICSE board. They are one of the well-known names in the coaching institute operating under their brand name “Arihant Academy”.
They provide services for Class 11 and 12 for the commerce and science section as well. They also provide services 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 the entry-level and second level exam, in the commerce section.
Objects of the Issue:
- Funding working capital requirements.
- General Corporate Purposes.
Arihant Academy IPO Review
- May Apply
Arihant Academy IPO GMP Live Rates day by day with Kotak rates.
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 net offer|
|NII Quota:||50% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
Arihant Academy IPO Market Lot
The Arihant Academy IPO minimum market lot is 1600 shares with a ₹144,000 application amount.
Arihant Academy IPO Dates
The Arihant Academy IPO date is December 16 and the IPO close date is December 21. The IPO allotment date is December 26 and the IPO might list 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|
Arihant Academy IPO Form
How to apply Arihant Academy IPO? You can apply Arihant Academy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Arihant Academy IPO in the Invest section. The other option you can apply Arihant Academy IPO via IPO forms download via the NSE website. Check out the Arihant Academy forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Arihant Academy Company Financial Report
|₹ in Crores|
Arihant Academy IPO Valuation – FY2022
Check Arihant Academy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|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|
- 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]
Arihant Academy IPO Allotment Status
Check Arihant Academy IPO allotment status on Bigshare website URL. Click Here
Arihant Academy IPO Lead Managers
- SHRENI SHARES PRIVATE LIMITED
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]