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Arihant Academy SME IPO Date, GMP, Price, Review, Allotment

Copy of Harsha Engineers IPO GREY MARKET PREMIUM 22

Incorporated in 2007, Arihant Academy Limited is engaged in providing coaching services and parallel educational support verticals. The company offers services 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 the commerce and science section; tutoring students in the 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 the entry-level and second level exam, in the commerce section.

The company operates under the brand name “Arihant Academy”.

The company has managed to develop a base in the coaching classes sector by setting up 8 branches at the time of taking over the business of the M/s. Arihant Academy to 14 branches across all the sections. Arihant Academy Limited caters to around 6,000 students from these 14 coaching centres.

Competitive Strengths:

  • Hybrid Model of Coaching.
  • Experienced Management Team.
  • Qualified Pool of Faculty.
  • Professional & Organizational Development.
  • Result-oriented methods of coaching.
Date GMP Kostak Subject To Sauda
29 December 2022₹30₹-₹30000
28 December 2022₹30₹-₹30000
27 December 2022₹30₹-₹30000
26 December 2022₹30₹-₹30000
25 December 2022₹45₹-₹50000
24 December 2022₹45₹-₹50000
23 December 2022₹45₹-₹50000
22 December 2022₹45₹-₹40000
21 December 2022₹45₹-₹40000
20 December 2022₹45₹-₹50000
19 December 2022₹45₹-₹50000
18 December 2022₹35₹-₹50000
17 December 2022₹35₹-₹50000
16 December 2022₹35₹-₹50000
15 December 2022₹45₹-₹70000
14 December 2022₹45₹-₹70000
13 December 2022₹30₹-₹25000

Arihant Academy SME IPO Date & Price Band.

 IPO Open:Dec 16, 2022
 IPO Close:Dec 21, 2022
 IPO Size:14.72 Crores
 Price Band:₹90 per share
 Listing on:NSE SME
 Retail Portion:50% of the net offer
 Equity:1,635,200 shares
Face Value: ₹10 per share

Arihant Academy SME IPO Market Lot

The Arihant Academy IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000).

  • Shares: Minimum 1600 shares
  • Minimum Amount: ₹144,000
  • Maximum Amount: ₹144,000

Arihant Academy SME IPO Allotment & Listing:

  • Basis of Allotment: Dec 26, 2022
  • Refunds: Dec 27, 2022
  • Credit to Demat accounts: Dec 28, 2022
  • Listing: Dec 29, 2022

Arihant Academy SME 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 SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax

Arihant Academy SME IPO Valuation – FY2022

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

Company Promoters

  • Mr. Anil Suresh Kapasi
  • Mr. Umesh Anand Pangam

Arihant Academy SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

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]

Quick Links:

Arihant Academy IPO DRHP

Arihant Academy IPO RHP

About Dollex Agrotech SME IPO

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Arihant Academy SME Allotment Status
Arihant Academy SME IPO Listing Date Arihant Academy SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

Arihant Academy SME IPO FAQs

What is Arihant Academy SME IPO Open Date for QIB, NII, and Retail?

Arihant Academy SME IPO will open on Dec 16, 2022

Arihant Academy SME IPO Size?

Arihant Academy IPO size is Approx ₹14.72 Crores

Arihant Academy SME IPO Price Band?

Arihant Academy SME IPO Price Band is ₹90 per share

Arihant Academy SME IPO Minimum Lot Size?

The minimum bid is 1600 Shares with a ₹144,000 Minimum Lot Size.

What is Arihant Academy SME IPO Allotment Date?

Arihant Academy SME IPO allotment date is Dec 26, 2022

What is Arihant Academy SME IPO Listing Date?

Arihant Academy SME IPO listing date is Dec 29, 2022. The IPO is to list on NSE SME.

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