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IPO

IPO Details


Arihant Institute Ltd
Registered Office: 201-202 Ratna High Street, 2nd Floor Near Naranpura, Ahmedabad - 380013, Gujarat
Phone: 91-079-27683113
Email: cs@arihantinstitute.com
Website: www.arihantinstitute.com
Public issue of 25,00,000 equity shares of face value of Rs. 10/- each of Arihant Institute Limited (The Company or The Issuer) for cash at a price of Rs. 30/- per equity share (including a share premium of Rs. 20/- per equity share) (Issue Price) aggregating to Rs. 7.50 crores (The Issue), of which 1,32,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. Rs. 30/- per equity share, aggregating to Rs. 0.40 crores will be reserved for subscription by market maker (Market Maker Reservation Portion)- the issue less the market maker reservation portion i e. Issue of 23,68,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30/-per equity share aggregating to Rs. 7.10 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.58% and 25.18%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and th issue price is Rs. 30/-. The Issue price is 3 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
23-May-2018 28-May-2018 ₹ 30.00 ₹ 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
(₹)Cr. Lead Managers to the Issue
Project Cost 7.50 Monarch Networth Capital Ltd
Project Financed through Current Offer 7.50
Post Issue Equity Share Capital 9.41
Issue Price ₹30.00
Projects
Training Centre Expansion
Technical Infrastructure-Servers, Studio & Content
Corporate Office-Furniture & Equipment
Branding & Marketing
General corporate purpose
Promoted By
Sandip Vinodray Kamdar
Vinodray Keshavlal Kamdar
Madhuben Vinodray Kamdar
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

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