Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions, with different screen sizes under the brand ‘STARSHINE’. The company also manufacture Fans, Air Coolers and Mixer Grinders through third party manufacturers under the brand ‘STARSHINE’. Arham Technologies have network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh.
The company also serve under Original Equipment Manufacturer (“OEM”) business models for LED Televisions. Under the OEM model, Arham Technologies manufacture and supply products as per the requirements of the customers, who then further distribute these products under their own brands.
Arham Technologies is strategically located in Electronic Manufacturing Cluster, in new Smart City of Raipur, which is one of the very first smart cities of India. 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 have also launched their “D2C” website www.starshine.co.in for their products which will increase the sales, profits, brand value and also to provide direct benefit to the end users. The company also listing their products on e-commerce platform i.e. Amazon
and Flipkart etc.
Arham Technologies Operates in the following segments:
- Manufacturing of LED Television (at company own manufacturing facility)
- Manufacturing of Fan, Air Cooler, Mixer Grinder and Washing Machine (through third parties)
Arham Technologies IPO – Details
| IPO Opening Date | 05 December 2022 |
| IPO Closing Date | 07 December 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹9.57 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹42 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Cameo Corporate Services Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Arham Technologies IPO – Date Schedule
| IPO Open Date | 05 December 2022 |
| IPO Close Date | 07 December 2022 |
| Basis of Allotment Date | 12 December 2022 |
| Initiation of Refunds | 13 December 2022 |
| Credit of Shares to Demat Account | 14 December 2022 |
| IPO Listing Date | 15 December 2022 |
Arham Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 3000 | 1,26,000 |
| Maximum | 1 | 3000 | 1,26,000 |
Competitive Strengths
- Established and proven track record;
- Leveraging the experience of our Promoters;
- Experienced management team and a motivated and efficient work force;
- Cordial relations with the customers;
- Quality Assurance & Control.
Company Promoters
- Mr. Roshan Jain
- Mr. Ankit Jain
- Mr. Anekant Jain
Object Of The Issue
- Working capital requirements
- Issue related expenses
- General corporate expenses
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 13.79 | 13.23 | 0.56 |
| 31 March 2021 | 22.80 | 20.08 | 2.03 |
| 31 March 2022 | 37.27 | 33.05 | 3.02 |
| 30 September 2022 | 21.40 | 19.67 | 1.28 |
Arham Technologies IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.05% |
Arham Technologies IPO Prospectus
Company Contact Information
| Arham Technologies Limited Plot No. 15 Electronic Manufacturing Cluster, Sector 22, Village Tuta, Atal Nagarnava, Raipur – 492015, Chhattisgarh Phone: +91 70697 66778 Email: cs@arhamtechnologies.co.in Website: www.arhamtechnologies.co.in |
Arham Technologies IPO Registrar
| Cameo Corporate Services Limited Phone: +91-44-28460390 Email: investor@cameoindia.com Website: https://ipo.cameoindia.com/ |
Arham Technologies IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
Arham Technologies IPO FAQs
| What is Arham Technologies IPO? Arham Technologies IPO is a SME IPO. The issue is priced at ₹42 per equity share. The IPO is to be listed on NSE SME. |
| When Arham Technologies IPO will open? The IPO is to open on 05 December 2022 for NII and Retail Investors. |
| What is Arham Technologies IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Arham Technologies IPO? You can apply Arham Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Arham Technologies IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Arham Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Arham Technologies IPO Size? Arham Technologies IPO size is ₹9.57 crores. |
| What is Arham Technologies IPO Price Band? Arham Technologies IPO Price Band is ₹42. |
| What is Arham Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,26,000 amount while the maximum bid is 3000 shares with ₹1,26,000. |
| What is the Arham Technologies IPO Allotment Date? Arham Technologies IPO allotment date is 12 December 2022. |
| What is the Arham Technologies IPO Listing Date? Arham Technologies IPO listing date is 15 December 2022. The IPO is to list on NSE SME. |
