The Arihant Institute IPO GMP date has been confirmed from May 23, 2018 and ended on May 28, 2018. Read the post to learn about Arihant Institute IPO GMP.
Arihant Institute Developers IPO is a fixed price issue of Rs 7.50 crores. The price is ₹30 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
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Key Details Of Arihant Institute IPO:
Bidding Dates
May 23-28
Price Range
₹30 per share
Face Value
₹10 per share
GMP
₹1.56
Arihant Institute IPO GMP
The Arihant Institute IPO GMP Today is ₹1.56.
Arihant Institute IPO Overview
Arihant Institute’s initial public offering (IPO) has a set price of Rs 7.50 crores. Bidding for the Arihant Institute IPO began on May 23, 2018 and finished on May 28, 2018. On June 5, 2018, the shares were listed on the BSE SME. Arihant Institute’s initial public offering (IPO) price is ₹30 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum investment of ₹120,000 to participate.
Arihant’s campus is 9,500 square feet in size and includes 8 air-conditioned classrooms, a well-equipped library, a canteen, a staff room, two studios, a backup lab, a conference room, and spacious administrative blocks. There are 23 people working for the company.
Arihant Institute IPO Details
| IPO Date | May 23, 2018 to May 28, 2018 |
| Listing Date | June 5, 2018 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 2,500,000 shares (aggregating up to ₹7.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 132,000 shares |
Arihant Institute Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 586.93 | 575.03 | 729.55 | 666.60 | 597.24 | |
| Total Revenue | 169.20 | 864.20 | 385.50 | 609.96 | 864.20 | |
| Profit After Tax | 112.74 | (14.45) | 3.79 | (146.26) | 16.48 | |
Arihant Institute IPO Listing Details
| Listing Date | June 5, 2018 |
| BSE Script Code | 541401 |
| NSE Symbol | |
| ISIN | INE997Z01016 |
| Final Issue Price | ₹30 per share |
Company Profile
Arihant Institute Limited, positioned in Gujarat, was innovated in 2007 to give coaching and educational support to scholars pursuing professional courses similar as Chartered Accountant, Company Secretary, and CMA. It offers guiding and advice from the entry position test test to the final test, covering all subjects in depth with test series to increase their confidence and overall success. Since its launch, the company has operated an educational programme and guiding under the brandname?Arihant Institute. With devoted preceptors and trained labor force,
it has educated over 10000 scholars who have taken professional and graduate examinations. The company’s pupil strength has increased, and thanks to the promoters’ patient sweats, there were 205 National Rankers in CA Inters and Final Courses from the institute.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Arihant Institute Limited |
| Phone number | 079- 27683113 |
| Email ID | [email protected] |
| Website | arihantinstitute.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Arihant Institute IPO FAQs
When Arihant Institute IPO will open?
The Arihant Institute IPO opens on May 23, 2018 and closes on May 28, 2018.
What is the lot size of Arihant Institute IPO?
Arihant Institute IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.
When is Arihant Institute IPO allotment?
The finalization of Basis of Allotment for Arihant Institute IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Arihant Institute IPO listing date?
The Arihant Institute IPO listing date is on June 5, 2018.
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