Market & News

graph-market IPO

Arihant Academy Ltd

Registered Office: Gr.Fr Triveni Sadan No3 Bori(E,Opp Ambe Mata Temple Carter Rd, Mumbai - 400066, Maharashtra, India.
Phone : 91-99207 81706   Fax:
Email :  investors@arihantacademy.com  
Website :  www.arihantacademy.com

Initial public offering of 16,35,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Arihant Academy Limited ("Arihant" or The "Company" or "The Issuer") for cash at a price of Rs. 90/- per equity share (including a premium of Rs. 80/- per equity share) ("Issue Price") aggregating Rs. 14.72 crores ("The Issue") of which 83,200 equity shares aggregating to Rs. 0.75 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 15,52,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 90/- per equity share aggregating to Rs. 13.97 crores ("Net Issue"). The issue and the net issue will constitute 27.00% and 25.63% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 9.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Dec-22 21-Dec-22 90.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 13.72 Shreni Shares Pvt Ltd
Project Financed through Current Offer 14.72  
Post Issue Equity Share Capital 6.06  
Issue Price 90.00  

Projects

  • Funding working capital requirements
  • General corporate purposes

Promoted By

Anil Suresh Kapasi

Umesh Anand Pangam

Listing At

NSE - SME

Registrar to the Issue

No Data Available

x
x
×
Let's Chat
close
refresh