Arihant Academy Ltd (NSE SME)
December 16, 2022 – December 21, 2022
| Price | ₹90 - ₹90 |
| Premium | ₹39 |
|---|---|
| Lot size | 1600 |
| Allotment | Dec 26, 2022 |
| Listing | Dec 29, 2022 |
Lead Manager(s)
Address
Arihant Academy Limited
Ground Floor, Triveni Sadan,
Opp Ambe Mata Temple, Carter Road No. 3,
Borivali (East), Mumbai – 400066
Phone: +91 9920781706
Email: investors@arihantacademy.com
Website: http://www.arihantacademy.com/
Registrar
Bigshare Services Pvt Ltd
Phone:
+912262638200
Email:
investor@bigshareonline.com
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059
Subscription
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 242.89 |
| Retail Investors | 228.85 |
| Employees | [.] |
| Others | [.] |
| Total | 235.87 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 144000 | 0 |
| HNI | 2 | 3200 | 288000 | 0 |
Size 14.71 cr.
Retail 485 form
LM sherni shares
Incorporated in 2007, Arihant Academy Limited is engaged in providing coaching services and parallel educational support verticals. The company offers services 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 the commerce and science section; tutoring students in the 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 the entry-level and second level exam, in the commerce section.
The company operates under the brand name "Arihant Academy".
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.
Competitive Strengths:
- Hybrid Model of Coaching.
- Experienced Management Team.
- Qualified Pool of Faculty.
- Professional & Organizational Development.
- Result-oriented methods of coaching.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 814.3 | 1921.12 | 42.09 | 177.17 | 177.17 | 89.38 |
| 31-Mar-21 | 829.09 | 1409.77 | 112.56 | 289.73 | 289.73 | 48.98 |
| 31-Mar-22 | 1104.26 | 1531.97 | 201.86 | 491.59 | 491.59 | 127.6 |
| Amount in ₹ Lakhs | ||||||