Arham Technologies IPO

Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions, with different screen sizes under its brand ‘STARSHINE’. It also manufactures Fans, Air Coolers and Mixer Grinders through third party manufacturers under the brand ‘STARSHINE’. It has a network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh. It also has an OEM business model for LED televisions under which it manufactures and supplies products as per the requirements of its customers, who then further distribute these products under their own brands. 

It plans to add other products in its portfolio by way of white labelling, to be a part of bigger portfolio of products. However, it plans to keep its focus on sales of Smart Televisions by making schemes and offers centric to Televisions. It is also setting up a manufacturing facility for Fans at the existing locations.

It located in Electronic Manufacturing Cluster, in new Smart City of Raipur, which is one of the very first smart cities of India. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states. Inland port, also gives an advantage to the location, which brings down cost of import and exports as compared to busy ports like Nhava Sheva etc.

It has launched its D2C business website and the products are also listed on various ecommerce platforms like Amazon and Flipkart