Arihant Academy IPO Date, Price, GMP, Review, Details

Arihant Academy

SME

Dec 16, 2022 – Dec 21, 2022

Price

₹90 – ₹90

GMP Rumors *

₹39

Lot Size

1600

Issue Size

₹14.71 cr

Allotment

Dec 26, 2022

Listing

Dec 29, 2022

* info is indicative, not an investment advice.

Live Rate

Open
High
Low
Prev. Close
Lower circuit
Upper circuit
52w High
52w Low
P/E Ratio

*Source NSE/BSE

Arihant Academy Listing Price

Exchange	Listing Price	Gain/Loss	%
NSE	₹120.10	+₹30.10	+33.44%

*Source NSE/BSE

Shareholding Pattern

*Source NSE/BSE

Arihant Academy Subscription

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	242.89
Retail Investors	228.85
Employees	[.]
Others	[.]
Total	235.87

Arihant Academy Lot(s) Distribution

Category	Lot(s)	Qty	Amount	Reserved
INDIVIDUAL	2	3200	288000	0
HNI	3	4800	432000	0

Arihant Academy Reservation

Category	Shares Offered	%
Total	0	100%

Arihant Academy About

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

Arihant Academy Limited Financial Information (Restated)
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

Strength

Risk Factors

Arihant Academy Latest Announcements

Date	Subject	Attachment Text	Pdf

*Source NSE/BSE

Arihant Academy Financial Results

*Source NSE/BSE

Arihant Academy Lead Manager(s)

Shreni Shares Limited

Arihant Academy 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/