Arham Technologies Limited IPO
NSE SMEListed On: Dec 15, 2022 at ₹ 60.0
₹ 126000 /3000 Shares
Check AllotmentArham Technologies Limited IPO Details
05 Dec, 2022
Open Date07 Dec, 2022
Close Date12 Dec, 2022
Allotment Date15 Dec, 2022
Listing DateIssue Price
₹42 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedList Price
60.0Listing Date
2022-12-15Market Lot
3000 Shares (₹126,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
2,280,000 shares of ₹10(aggregating up to ₹9.58 Cr)Retail Portion
N/ASubscription
442.79 timesArham Technologies Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,083,000 | 1,083,000 | 2,166,000 |
Day 1 - 05-12-22 06:00 PM | 0.98 x | 4.96 x | 2.97 x |
Day 2 - 06-12-22 06:00 PM | 22.16 x | 65.07 x | 43.64 x |
Day 3 - 07-12-22 06:00 PM | 412.33 x | 467.99 x | 442.79 x |
Arham Technologies Limited Valuations
Earnings Per Share (EPS)
₹14.66/-P/E Ratio
2.86RoNW
42.33%Net Asset Value (NAV) - Post Issue
₹11.54/-Arham Technologies Limited Company Financials All values are in ₹ Lakh
31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
---|---|---|---|---|
Assets | 2314.27 | 1542.22 | 977.71 | N/A |
Revenue | 3727.37 | 2280.11 | 1379.28 | N/A |
Profit After Tax | 302.01 | 203.76 | 56.51 | N/A |
About The Company
Incorporated in 2013, Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers.
Arham Technologies Limited serve under Original Equipment Manufacturer (OEM) business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands.
Raw materials like open cells, Electronic Circuits (Mainboard), cabinets and Back Light Units (BLU) are imported from China and Hongkong. Other accessories i.e. Speakers, Stands etc. are procured from domestic suppliers in India.
The company is strategically located in the new Smart City of Raipur, one of India's very first smart cities. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states.
Arham Technologies Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.05%
Company Promoter(s)
- Mr. Roshan Jain
- Mr. Ankit Jain
- Mr. Anekant Jain
Arham Technologies Limited IPO - Issue Objectives
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Arham Technologies Limited IPO - FAQs
Ans. Arham Technologies Limited IPO is a SME IPO. The issue is priced at ₹42 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Dec 5, 2022, and closes on Dec 7, 2022. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Arham Technologies Limited IPO opens on Dec 5, 2022 and closes on Dec 7, 2022.
Ans. The size of Arham Technologies Limited IPO is 2,280,000 shares of ₹10(aggregating up to ₹9.58 Cr).
Ans. The IPO price band is set between ₹42 per equity share.
Ans. To apply for Arham Technologies Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arham Technologies Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Arham Technologies Limited IPO is Dec 12, 2022.
Ans. The Arham Technologies Limited IPO will be listed on Dec 15, 2022.
Ans. Follow the steps to check the allotment status for Arham Technologies Limited IPO here.