Arihant Institute Ltd IPO


IPO Subscription Details

  • Open Date 23 May
  • Close Date 28 May
  • Lot Size 4000
  • IPO Size ₹ 7.5 Cr
  • IPO Price Range ₹ 30
  • Min Investment ₹ 120000

IPO Synopsis

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.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Arihant Institute Ltd IPO

Contact Information

201-202 Ratna High Street,
2nd Floor Near Naranpura,
Ahmedabad, Gujarat 380013

Arihant Institute Ltd IPO Lead Manager

Monarch Networth Capital Ltd

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