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Home All IPOs Arihant Institute Ltd. IPO

Arihant Institute Ltd. IPO

BSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹30
Issue Price
₹30
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹30
GMP based
Lot Size
4,000
shares / lot
Min Amount
₹120,000
1 lot · 4,000 shares
Opens
23 May
Closed
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 May 2018
Wed Completed
Done
Close Date
28 May 2018
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
05 Jun 2018
Tue Completed
UPI Deadline: 28 May 2018
Issue Details
Pricing & Size
Issue Price
₹30 Face ₹10
Lot Size
4,000 shares
Min Investment
₹120,000
Total Issue Size
25,00,000 shares (aggregating up to ₹7.50 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,32,000 (5.28%)
QIB Portion
-
NII / HNI
11,84,000 (47.36%)
Retail
11,84,000 (47.36%)
Employee
-
Net Offer to Public
23,68,000 shares (aggregating up to ₹7.10 Cr)
Shareholding Pattern
Pre-Issue Shareholding
69,05,006 shares
Post-Issue Shareholding
94,05,006 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 4,000 ₹1,20,000
HNI / NII 2 8,000 ₹2,40,000
Objects of Issue
5 objectives
1
1 Training Centre Expansion
0.42 Cr
2
2 Technical Infrastructure-Servers, Studio & Content
0.12 Cr
3
3 Corporate Office – Furniture & Equipments
0.48 Cr
4
4 Branding & Marketing
0.72 Cr
5
5 General Corporate Purpose
0.58 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Monarch Networth Capital Ltd.
Market Maker
Monarch Networth Capital Ltd.
IPO Timeline
Open
23 May
✓ Done
Close
28 May
✓ Done
Allotment
TBA
Listing
05 Jun
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
cs@arihantinstitute.com
Phone
079- 27683113
Address
2, Navinpark Society Sardar Patel Colony Road Naranpura Ahmedabad, Gujarat, 380013
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹30
Est. Listing
₹30
Lot Size
4,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 11,84,000 (47.36%) — —
Retail Investors — 11,84,000 (47.36%) — —
Market Maker * 1× 1,32,000 (5.28%) 1,32,000 (5.28%) ₹3.96 Cr
Total ** — 25,00,000 (100.00%) — —
* Based on ₹30.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
11,84,000 (47.36%)
Retail
11,84,000 (47.36%)
Market Maker
1,32,000 (5.28%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue169.20864.20385.50
PAT112.7414.453.79
EBITDA———
Net Worth———
Total Assets586.93575.03729.55
Reserves———
Borrowings———
About Arihant Institute Ltd.

Incorporated in the year 2007, Gujarat based Arihant Institute Limited is a company engaged in providing coaching & educational guidance for students appearing for professional courses - Chartered Accountant, Company Secretary, and CMA. It provides the coaching and guidance from Entry level test exam till final exam and covers all the subjects in depth with test series to improve their confidence and overall result.

The Company operates the educational program and coaching under the Brand Name ?Arihant Institute since inception. With dedicated professors and trained staff, it has given education to more than 10000 students appeared for professional & Graduates exam. The company's student strength has improved and with dedicated efforts of the promoters, from the institute, there were 205 National Rankers in CA Inters and Final Courses, 2000+ Chartered Accountant and 175+ Company Secretary.

Arihant premises spread over 9,500 sq. feet which include 8 air-conditioned classrooms, well-equipped library, canteen, staff room, 2 studios, backup lab, conference room and large administrative blocks. The company has 23 employees on its payroll.

Frequently Asked Questions
What is the issue price of Arihant Institute Ltd. IPO?
The issue price of Arihant Institute Ltd. IPO is ₹30 per share, face value ₹10.
What is the lot size?
Minimum lot size is 4,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 23 May 2018, closes 28 May 2018.
When is the listing date?
Tentative listing: 05 Jun 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹30 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Arihant Institute Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
05 Jun 2018
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹30
Face ₹10
Lot Size
4,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹30
GMP +₹0
Key Dates
Open
23 May Done
Close
28 May Done
Listing
05 Jun Done
Registrar
Kfin Technologies Ltd.
A
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