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

Date:

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

  • To be updated soon
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 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.

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 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

You can check IPO subscription status and IPO allotment status on their respective pages.

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
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 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

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 status on Bigshare website 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 raise ₹14.72 Crores via IPO. The issue is priced at ₹90 per equity share. The IPO is to be listed on NSE.

When Arihant Academy IPO will open?

The IPO is to open on December 16, 2022 for NII, and Retail Investors.

What is Arihant Academy IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Arihant Academy IPO?

You can apply Arihant Academy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Arihant Academy IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Arihant Academy”. 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. Open Demat Account with Zerodha.

How to Apply the Arihant Academy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Arihant Academy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Arihant Academy IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Arihant Academy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Arihant Academy IPO Size?

Arihant Academy IPO size is ₹14.72 crores.

What is Arihant Academy IPO Price Band?

Arihant Academy IPO Price Band is ₹90 per equity share.

What is Arihant Academy IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹144,000.

What is Arihant Academy IPO Allotment Date?

Arihant Academy IPO allotment date is December 26, 2022.

What is Arihant Academy IPO Listing Date?

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

Note: The Arihant Academy IPO details are announced officially. The IPO grey market premium (Arihant Academy IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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