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Arihant Institute Ltd.

Arihant Institute Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹30
₹30
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹30
Based on GMP
Min. Investment
₹120,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 May 2018
Close Date
28 May 2018
Allotment
03 Jun 2018
Listing Date
05 Jun 2018
Exchange
BSE SME
Price Band
₹30
Listing Price
See chart
Allotment Status
Price Band
₹30
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
25,00,000 shares (aggregating up to ₹7.50 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
69,05,006 shares
Promoters
Post-IPO Holding
94,05,006 shares
Promoters
UPI Deadline
2018-05-28
Mandate
Anchor AllotmentTue, 22 May 2018
Basis of AllotmentSun, 03 Jun 2018
Refund InitiationMon, 04 Jun 2018
Demat CreditMon, 04 Jun 2018
Listing DayTue, 05 Jun 2018
UPI Mandate Deadline2018-05-28
Sale TypeFresh Capital
Net Offer to Public23,68,000 shares (aggregating up to ₹7.10 Cr)
Market Maker Quota1,32,000 shares (aggregating up to ₹0.3960 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Arihant Institute Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 May 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
132,000
₹0.40
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,500,000
100% ₹7.50
IPO Shares Offered
Arihant Institute Ltd. IPO total issue size: ₹7.50 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 132,000 ₹0.40
5.28%
Total 2,500,000 ₹7.50
100.00%
* Based on upper price band ₹30 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹30.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹240,000
Retail (Max — 13 Lots)1352,000₹1,560,000
S-HNI (Min — 14 Lots)1456,000₹1,680,000
B-HNI (Min — 68 Lots)68272,000₹8,160,000
* Issue Price ₹30 × Lot Size 4,000 shares
IPO Schedule
Anchor
22 May 2018
✓ Done
IPO Open
23 May 2018
✓ Done
IPO Close
28 May 2018
✓ Done
Allotment
03 Jun 2018
✓ Done
Refunds
04 Jun 2018
✓ Done
Demat Credit
04 Jun 2018
✓ Done
Listing Day
05 Jun 2018
✓ Done
Arihant Institute Ltd. — Live Price LIVE
₹30.00
INR · BSE
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Issue ₹30.00 Live Price
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.
Objects of the Issue
1
1 Training Centre Expansion
2
2 Technical Infrastructure-Servers, Studio & Content
3
3 Corporate Office – Furniture & Equipments
4
4 Branding & Marketing
5
5 General Corporate Purpose
Arihant Institute Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹385.5
31-Mar-15
₹864.2
31-Mar-16
₹169.2
31-Mar-17
Profit After Tax (PAT)
₹3.8
31-Mar-15
₹14.5
31-Mar-16
₹112.7
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 169.20 864.20 385.50
EBITDA N/A N/A N/A
Profit After Tax (PAT) 112.74 14.45 3.79
Net Worth N/A N/A N/A
Total Assets 586.93 575.03 729.55
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered25,00,000 (100.00%)
Net Offer to Public23,68,000 shares (aggregating up to ₹7.10 Cr)
Reserved for Market Maker1,32,000 shares (aggregating up to ₹0.3960 Cr)
Pre-Issue Promoter Holding69,05,006 shares
Post-Issue Promoter Holding94,05,006 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Monarch Networth Capital Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Arihant Institute Ltd. IPO subscribed?

Arihant Institute Ltd. IPO is subscribed 1.00 times by May 28, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Arihant Institute Ltd. IPO retail subscription status?

The Arihant Institute Ltd. IPO retail category is subscribed 1.00 times as of 28 May 2018. The retail portion is oversubscribed.

How to subscribe Arihant Institute Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 May 2018 and closes 28 May 2018. Min investment: ₹120,000 (1 lot = 4,000 shares). UPI mandate: 2018-05-28.

How many times Arihant Institute Ltd. IPO subscribed?

The Arihant Institute Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Arihant Institute Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jun 2018. Refunds: on 04 Jun 2018.

When Arihant Institute Ltd. IPO will be listed?

The Arihant Institute Ltd. IPO listing date is 05 Jun 2018, Tuesday. Listed on: BSE SME. Issue price: ₹30. Estimated listing: ₹30. GMP: NIL.

When Arihant Institute Ltd. IPO close?

The Arihant Institute Ltd. IPO closes on 28 May 2018, Monday. UPI mandate: 2018-05-28. Allotment: 03 Jun 2018. Listing: 05 Jun 2018.