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Arihant Academy IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Education - Edtech sector. Shreni Shares is the merchant banker of Arihant Academy IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th November 2022.
Arihant Academy IPO open date is 16th December 2022 and close date is 21st December 2022. IPO Allotment Date is 26th December 2022 and Listing date is 29th December 2022.
IPO
Size:
₹ 14.72 Cr.
Avg IPO Size (Sector Based)
: ₹
16.51 cr.
Sector: Education - Edtech
SME
IPO so far:
11
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
15.32
cr. 
PE
Ratio:
19.11x
Average Sector PE Ratio: 19.58x
Arihant Academy IPO size is ₹ 14.72 Cr. with IPO price of ₹ 90.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Arihant Academy IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for Arihant Academy IPO.
Arihant Academy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Arihant Academy IPO, based in Mumbai, operates in the Education - Edtech sector with a focus on Provides coaching services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Arihant Academy IPO size is ₹ 14.72 Cr. with fresh issue size of ₹ 14.72 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Arihant Academy IPO is expected to be 26th December 2022, after the finalization of basis of allotment. Investors can check Arihant Academy IPO allotment status on the registrars website, Bigshare Services Private Limited. Arihant Academy IPO refund dates are 27th December 2022.
Arihant Academy IPO is expected to be listed on 29th December 2022.
The upper price band for the Arihant Academy IPO is set at ₹ 90.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Arihant Academy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Arihant Academy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st December 2022. After submission, funds are blocked until the basis of allotment of Arihant Academy IPO is finalised.
The merchant banker for Arihant Academy IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Arihant Academy IPO RHP for further details.
The registrar for Arihant Academy IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Arihant Academy IPO through their official website or helpline.
Arihant Academy IPO was subscribed 235.87 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.72 Cr.
Avg IPO Size (Sector Based)
:
₹ 16.51 Cr.
Sector: Education - Edtech
SME
IPO so far:
11
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 15.21 cr.
PE
Ratio:
19.11x
Average Sector PE Ratio: 19.58x
Arihant Academy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Arihant Academy Financial Review Page
Merchant Banker(s) of Arihant Academy IPO: Shreni Shares Limited
Arihant Academy IPO subscription was 235.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Arihant Academy IPO listed at a listing price of 126.10 against the offer price of 90.00.
The current market price of Arihant Academy is 260.00.
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