IPO

Arihant Institute Limited IPO

BSE SME

Offer Date: May 23, 2018 - May 28, 2018

₹ 120000 /4000 Shares

IPO Details

23 May, 2018

Open Date

28 May, 2018

Close Date

01 Jun, 2018

Allotment Date

05 Jun, 2018

Listing Date

Issue Price

Rs 30 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Limited

Market Lot

4000 Shares (Rs 1,20,000/-)

Lead Manager

MONARCH NETWORTH CAPITAL LIMITED

Issue Size

25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr

Retail Portion

N/A

Subscription

52,04,000 2.20 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved11,84,00011,84,00023,68,000
Day 1 - 23-05-180 x5,24,000 0.44 x5,24,000 0.22 x
Day 2 - 24-05-181,80,000 0.15 x6,00,000 0.51 x7,80,000 0.33 x
Day 3 - 25-05-184,72,000 0.40 x9,32,000 0.79 x14,04,000 0.59 x
Day 4 - 28-05-188,16,000 0.69 x43,88,000 3.71 x52,04,000 2.20 x

Valuations

Earnings Per Share (EPS)

Rs 0.12

P/E Ratio

250

RoNW

Negative

Net Asset Value (NAV) ( As on 31.01.18 )

Rs 8.35

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

  1. Mr. Sandip Vinodray Kamdar
  2. Mr. Vinodray Keshavlal Kamdar
  3. Mrs. Maduben Vinodray Kamdar
  4. Mrs. Anjali Sandipbhai Kamdar

IPO - Issue Objectives

  1. Training Centre Expansion
  2. Technical Infrastructure -Servers & Studio, Portal and Content Development
  3. Branding and Marketing
  4. Corporate Office Restructuring
  5. General corporate purpose
  6. IPO related expenses

IPO - FAQs

Ans. Arihant Institute Limited IPO is a SME IPO. The issue is priced at Rs 30 Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on May 23, 2018, and closes on May 28, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Arihant Institute Limited IPO opens on May 23, 2018 and closes on May 28, 2018.

Ans. The size of Arihant Institute Limited IPO is 25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr.

Ans. The IPO price band is set between Rs 30 Per Equity Share .

Ans. To apply for Arihant Institute Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Arihant Institute 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 Arihant Institute Limited IPO is Jun 1, 2018.

Ans. The Arihant Institute Limited IPO will be listed on Jun 5, 2018.

Ans. Follow the steps to check the allotment status for Arihant Institute Limited IPO here.