Arihant Academy Limited IPO (Arihant Academy IPO)

Arihant Academy Limited IPO
New Arihant Academy IPO | Latest Arihant Academy IPO

Arihant Academy Limited is engaged in providing coaching services and parallel educational support vertical in the western suburbs of Mumbai, Maharashtra for Class 8, 9 and 10 for both State Board and ICSE Board; Class 11 and 12 for commerce and science section; tutoring students in science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for entry level and second level exam, in the commerce section.

The company operates under the brand name “Arihant Academy“.

The company offer hybrid model of teaching services through classroom-based coaching under traditional Chalk & Talk concept and digital and distance learning, which supplement the classroom courses and allow students to engage in self-paced learning.

The company has managed to develop a base in the coaching classes sector by setting up 8 branches at the time of taking over the business of the M/s. Arihant Academy to 14 branches across all the sections. Arihant Academy Limited caters to around 6,000 students from these 14 coaching centres.

Arihant Academy IPO

Arihant Academy IPO – Details

IPO Opening Date16 December 2022
IPO Closing Date21 December 2022
Issue TypeFixed Price Issue IPO
Issue Size₹14.71 Crore
Fresh Issue16,35,200 shares
Face Value₹10 per equity share
IPO Price₹90
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Private Limited
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Arihant Academy IPO – Date Schedule

IPO Open Date16 December 2022
IPO Close Date21 December 2022
Basis of Allotment Date26 December 2022
Initiation of Refunds27 December 2022
Credit of Shares to Demat Account28 December 2022
IPO Listing Date29 December 2022

Arihant Academy IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Competitive Strengths

  • Hybrid Model of Coaching.
  • Experienced Management Team.
  • Qualified Pool of Faculty.
  • Professional & Organizational Development.
  • Result oriented methods of coaching.

Company Promoters

  • Mr. Anil Suresh Kapasi
  • Mr. Umesh Anand Pangam

Object Of The Issue

  • Funding Working Capital Requirements.
  • General Corporate Purposes.
Arihant Academy IPO
Issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202019.2118.560.42
31 March 202114.0912.581.12
31 March 202215.3112.622.01
Amount in ₹ Crore

Arihant Academy IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.00%

Arihant Academy IPO Prospectus

Company Contact Information

Arihant Academy Limited

Ground Floor, Triveni Sadan,
Opp Ambe Mata Temple, Carter Road No. 3,
Borivali (East), Mumbai – 400066

Phone: +91 9920781706

Arihant Academy IPO Registrar

Bigshare Services Private Limited

Tel: 022 – 6263 8200

Arihant Academy IPO Lead Manager(s)

1. Shreni Shares Private Limited

Arihant Academy IPO FAQs

Arihant Academy IPO FAQs
What is Arihant Academy IPO?

Arihant Academy IPO is a SME IPO. The issue is priced at ₹90 per equity share. The IPO is to be listed on NSE SME.
When Arihant Academy IPO will open?

The IPO is to open on  16 December 2022 for NII and Retail Investors.
What is Arihant Academy IPO Investors Portion?

The investors’ portion for NII-50%, and Retail 50%.
How to Arihant Academy IPO?

You can apply Arihant Academy 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 Arihant Academy IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Arihant Academy”. 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 5 Paisa.
How to Apply the Arihant Academy IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Arihant Academy”. 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 Arihant Academy IPO Size?

Arihant Academy IPO size is ₹14.71 crores.
What is Arihant Academy IPO Price Band?

Arihant Academy IPO Price Band is ₹90.
What is Arihant Academy IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,44,000 amount while the maximum bid is 1600 shares with  ₹1,44,000.
What is the Arihant Academy IPO Allotment Date?

Arihant Academy IPO allotment date is 26 December 2022.
What is the Arihant Academy IPO Listing Date?

Arihant Academy IPO listing date is 29 December 2022. The IPO is to list on NSE SME.
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