Arihant Institute Limited IPO
BSE SME₹ 240000 /8000 Shares
*Min Investment
23 May, 2018
Open Date28 May, 2018
Close Date01 Jun, 2018
Allotment Date05 Jun, 2018
Listing DateIPO Issue Details
- Issue Price Rs 30 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr
- Listing at BSE SME
- Lead Manager MONARCH NETWORTH CAPITAL LIMITED
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Arihant Institute Limited IPO is an SME IPO, priced at Rs 30 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from May 23, 2018 to May 28, 2018. The allotment is expected to be finalized on Jun 1, 2018, and the tentative listing date is Jun 5, 2018.
The registrar of the IPO is Karvy Computershare Private Limited , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,84,000 | 11,84,000 | 23,68,000 |
Day 1 23-05-18 | 0 x | 5,24,000 0.44 x | 5,24,000 0.22 x |
Day 2 24-05-18 | 1,80,000 0.15 x | 6,00,000 0.51 x | 7,80,000 0.33 x |
Day 3 25-05-18 | 4,72,000 0.40 x | 9,32,000 0.79 x | 14,04,000 0.59 x |
Day 4 28-05-18 | 8,16,000 0.69 x | 43,88,000 3.71 x | 52,04,000 2.20 x |
Valuations
IPO - Issue Objectives
Training Centre Expansion
Technical Infrastructure -Servers & Studio, Portal and Content Development
Branding and Marketing
Corporate Office Restructuring
General corporate purpose
IPO related expenses
IPO - FAQs
Ans. Arihant Institute Limited IPO is a SME IPO. The issue is priced at Rs 30 Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on May 23, 2018, and closes on May 28, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Arihant Institute Limited IPO opens on May 23, 2018 and closes on May 28, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Arihant Institute Limited IPO is 25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr.
Ans. The Arihant Institute Limited IPO price band is set between Rs 30 Per Equity Share .
Ans. To apply for Arihant Institute Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Arihant Institute Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Arihant Institute Limited IPO is Jun 1, 2018.
Ans. The Arihant Institute Limited IPO will be listed on Jun 5, 2018.
Ans. Follow the steps to check the Arihant Institute Limited IPO allotment status online.
