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

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Arihant Academy IPO Details: Arihant Academy IPO date is fixed, the IPO will opened on December 16 and will close on December 21, 2022. Arihant Academy is a NSE SME IPO to raise 14.72 crore rupees via OPI. The price band of Arihant Academy IPO is fixed at ₹90 with a lot of market 1600 shares.

Arihant Academy Limited is a premium coaching institute in Mumbai. They provide coaching services for class 8 to 10 for state board and ICSE. They are one of the well-known names in the coaching institute operating under their brand name ‘Arihant Academy’.

They also provide services for class 11 and 12 for commerce and science section. They also provide services for entrance exams like JEE (Main), JEE (Advanced) and MHT-CET (State Level), NEET (National Level), MHT-CET (State Level, Maharashtra) and student preparation for to professional exams such as CS and CA for the entrance exam and second level, in the commerce section.

Objects of the issue:

  • Financing working capital requirements.
  • General Objectives of the Society.

Arihant Academy IPO Review

date GMP Kostak Caught on
December 10 ₹- ₹- ₹-

Arihant Academy IPO Date and Price Band Details

IPO Open: December 16, 2022
Closing of the IPO: December 21, 2022
IPO Size: Approx ₹14.72 crores 1,635,200 capital shares
Apparent value: ₹10 Per share of capital
IPO Price Range: ₹90 Per share of capital
IPO listing at: NSE SME
Retail Quota: 50% of the net supply
NII quota: 50% of the net supply
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here

Arihant Academy IPO Market Lot

Arihant Academy’s IPO minimum market lot is 1600 shares with an application amount of ₹144,000.

application Lot size Shares Amount
Minimal retail 1 1600 144,000 R$
Maximum in detail 1 1600 144,000 R$
S-HNI Minimum 2 3200 288,000 R$

Arihant Academy IPO dates

The Arihant Academy IPO date is December 16 and the IPO closing date is December 21. The IPO award date is December 26 and the IPO could trade on December 29.

IPO opening date: December 16, 2022
IPO closing date: December 21, 2022
Award basis: December 26, 2022
Refunds: December 27, 2022
Demat Account Credit: December 28, 2022
IPO listing date: December 29, 2022

You can check IPO subscription status i IPO award status on their respective pages.

Arihant Academy IPO Form

How to apply Arihant Academy IPO? You can apply for Arihant Academy IPO through ASBA available in your bank account. Just go to online banking login and apply through your bank account by selecting Arihant Academy IPO under Invest section. The other option, you can apply for Arihant Academy IPO by downloading IPO forms through NSE website. Check Arihant Academy Forms: Click NSE IPO Forms Downloadfill out and submit to your bank or broker.

Arihant Academy Company Financial Report

₹ in Crores
course income expense PAT
2020 R$ 19.21 ₹ 18.56 ₹0.42
2021 ₹14.10 ₹ 12.58 ₹1.13
2022 ₹15.32 ₹ 12.62 ₹2.02

Arihant Academy IPO Valuation – Fiscal Year 2022

Check Arihant Academy IPO valuation details such as Earnings Per Share (EPS), Price / Earnings P/E Ratio, Return on Equity (RoNW) and Net Asset Value (NAV) details.

Earnings per share (EPS): ₹ 4.57 per capital share
Price/Earnings P/E ratio: 19.69
Return on equity (RoNW): 40.93%
Net asset value (NAV): ₹ 11.14 per capital share

peer group

  • CL Educate Limited
  • Veranda Learning Solutions Limited
  • Mr. Anil Suresh Kapasi
  • Mr. Umesh Anand Pangam

Arihant Academy IPO Registration

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com

Arihant Academy IPO Allotment Status

Check Arihant Academy IPO Allotment Status at Bigshar Website URL. Click here

Principal IPO Managers of Arihant Academy

  • SHRENI ACCIONS PRIVATE LIMITED

company address

Arihant Academy Limited
Ground Floor, Triveni Sadan,
Temple Opp Ambe Mata, Carter Road No. 3,
Borivali (East), Mumbai – 400066
Telephone: +91 9920781706
E-mail: [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 collect ₹14.72 crores via OPI. The point is priced at ₹90 per capital share. The IPO must be listed NSE.

When will Arihant Academy IPO open?

The IPO will open December 16, 2022 for NII and retail investors.

What is Arihant Academy IPO Investors Part?

The part of the investors for NII is 50%i Retail is 50%.

How to apply Arihant Academy IPO?

You can apply for Arihant Academy IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.
Announcements

How to apply Arihant Academy IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Arihant Academy”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to apply Arihant Academy IPO through Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Arihant Academy”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to Apply Arihant Academy IPO through Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Arihant Academy”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

What is the size of Arihant Academy’s IPO?

Arihant Academy’s IPO size is 14.72 crore rupees.

What is Arihant Academy IPO Price Band?

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

What is the minimum and maximum lot size of Arihant Academy IPO?

The IPO offer is 1600 shares with 144,000 R$.

What is the allotment date of Arihant Academy IPO?

Arihant Academy IPO Allotment Date is December 26, 2022.

What is the listing date of Arihant Academy IPO?

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

Note: Arihant Academy IPO details are officially announced. IPO Gray Market Premium (Arihant Academy IPO Premium) is updated on the relevant page. You can consult our Gray market IPO page for daily updates.)

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