Arihant Academy IPO will be Open on 16 December 2022 and close son 21 December 2022. The company has fixed the price of this IPO at ₹90 according to the face value of ₹10. The company will raise ₹14.72 Crores through this IPO under the 16,35,200 Equity Shares public issue. And the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check to know Arihant Academy IPO GMP here.
Arihant Academy Limited 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. You can check Arihant Academy IPO Allotment status here.
The company 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”. you can check to know Arihant Academy IPO subscription status here.
Objects Of The Issue :
- Funding working capital requirements.
- General corporate purposes.
Company Strengths :
- Hybrid Model of Coaching
- Experienced Management Team
- Qualified Pool of Faculty
- Professional & Organizational Development
- Result oriented methods of coaching
| Read also: Upcoming IPO List 2022 |
Arihant Academy IPO Review :
■ Apply For Long Term
Arihant Academy IPO GMP Live:
Arihant Academy IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 22 Dec 2022 | ₹38-₹40 | ₹40000 |
| 21 Dec 2022 | ₹38-₹40 | ₹40000 |
| 20 Dec 2022 | ₹50-₹52 | ₹40000 |
| 19 Dec 2022 | ₹50-₹52 | ₹35000 |
| 18 Dec 2022 | ₹40-₹42 | ₹35000 |
Arihant Academy IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 16 December 2022 |
| IPO Close : | 21 December 2022 |
| IPO Size : | ₹14.72 Cr {16,35,200 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹90 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹14.72 Cr {16,35,200 Shares} |
| Fresh Issue : | ₹14.72 Cr {16,35,200 Shares} |
| Offer For Sale : | ₹-. Cr |
Arihant Academy IPO Market Lot :
Arihant Academy IPO Minimum Market lot is 1 Lot with 1600 shares with ₹144,000 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹144,000 amounts.
| Category | Lot | Share | Amount |
|---|---|---|---|
| Retail (Min) : | 1 | 1600 | ₹144,000 |
| Retail (Max) : | 1 | 1600 | ₹144,000 |
| S-HNI (Min) : | 2 | 3200 | ₹288,000 |
Arihant Academy IPO Shares Offer :
A Total of 16,35,200 shares are to be bid for the public issue by Arihant Academy IPO with 16,35,200 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 16,35,200 | ₹14.72 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 16,35,200 | ₹14.72 Cr |
Arihant Academy IPO Reservation :
Arihant Academy IPO Total Reservation of 16,35,200 shares are to be bid for the public issue by Arihant Academy IPO with – for QIB and 8,17,600 for NII 8,17,600 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 8,17,600 | ₹7.36 Cr |
| RII : | 50% | 8,17,600 | ₹7.36 Cr |
| MMRP : | – % | – | ₹– |
| Total : | 100% | 16,35,200 | ₹14.72 Cr |
Arihant Academy IPO Dates :
Arihant Academy IPO Date is 16 December 2022 and closes on 21 December 2022. The allotment will be finalized on 26 December 2022 and the IPO may list on 29 December 2022.
| Issue Open Date : | 16 December 2022 |
| Issue Close Date : | 21 December 2022 |
| Allotment Date : | 26 December 2022 |
| Refund Date : | 27 December 2022 |
| Share Credit Date : | 28 December 2022 |
| Listing Date : | 29 December 2022 |
Arihant Academy IPO Form :
There are two ways to apply in Arihant Academy IPO. You can apply for Arihant Academy IPO through ASBA available in your bank account. You have to go to your online bank login and select Arihant Academy IPO in the Invest section and apply through your bank account. Another option is you can apply Arihant Academy IPO through IPO form download through NSE and BSE. See the Arihant Academy IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Arihant Academy Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹1,531.97 | ₹1,262.21 | ₹201.86 |
| 2021 | ₹1,409.77 | ₹1,258.27 | ₹112.56 |
| 2020 | ₹1,921.12 | ₹1,856.09 | ₹42.09 |
Company Promoters :
■ Mr. Anil Suresh Kapasi
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Arihant Academy IPO Lead Managers :
■ Shreni Shares Private Limited
Arihant Academy IPO Registrar :
Bigshare Services Private Limited
Office No S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400 093,
Maharashtra, India
Tel No: 022 – 6263 8200
Email: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Arihant Academy IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Arihant Academy Limited
Ground Floor, Triveni Sadan,
Opp. Ambe Mata Temple,
Carter Road No. 3, Borivali (East),
Mumbai – 400 066, Maharashtra, India
Tel No.: +91 99207 81706
Email: [email protected]
Website: www.arihantacademy.com
Arihant Academy IPO FAQs :
What is Arihant Academy IPO?
Arihant Academy IPO is SME IPO. They are going to raise ₹14.72. Crores via IPO. The issue is priced at ₹90 per equity share. The IPO to be listed on NSE, SME.
When Arihant Academy IPO will open?
The IPO is to open on 16 Dec – 21 Dec for QIB, NII & RII.
What is Arihant Academy IPO Size?
Arihant Academy IPO size is ₹14.72 Crores.
What is the Fresh issue size of Arihant Academy IPO?
The Fresh issue size of Arihant Academy IPO ₹14.72 Cr.
What is the Offer For Sale size of Arihant Academy IPO?
The Offer For Sale size of Arihant Academy IPO ₹0 Cr.
What is Arihant Academy IPO Price Band?
Arihant Academy IPO Price Band is ₹90 Per share.
What is Arihant Academy IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹144,000 amount while the maximum bid is 1600 shares with ₹144,000.
What is Arihant Academy IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Arihant Academy IPO Allotment Date?
Arihant Academy IPO allotment date is 26 December 2022.
What is Arihant Academy IPO Listing Date?
Arihant Academy IPO listing date is 29 December 2022. The IPO to list on NSE, SME.
How to Apply the Arihant Academy IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Arihant Academy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arihant Academy IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Arihant Academy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arihant Academy IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Arihant Academy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Arihant Academy IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Arihant Academy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Arihant Academy GMP: Click Here Arihant Academy Subscription: Click Here Arihant Academy Allotment: Click Here Arihant Academy Listing: Click Here |
All Arihant Academy IPO-related links are available here. If you want to know the details then click on Click Here Link.
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