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Open
23 May 2018
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Close
28 May 2018
3
Allotment
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Listing
Tue, Jun 5, 2018
Price Band
₹30 per share
Issue Size
25,00,000 shares (agg. up to ₹8 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Jun 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 6.79 | 5.87 | 5.75 | 7.30 |
| Total Income | 1.14 | 1.69 | 1.67 | 3.86 |
| Profit After Tax | 0.12 | 0.11 | -1.45 | 0.04 |
| NET Worth | 5.70 | 3.60 | -1.16 | 0.28 |
| Reserves and Surplus | -1.13 | -2.40 | -2.51 | -1.07 |
| Total Borrowing | 0.23 | 1.12 | 5.63 | 4.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Siddharth Education Services Ltd. | SME | ₹10.88 Cr | ₹35 | null | ₹42.00 | +20.00% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Training Centre Expansion | 0.42 |
| 2 | Technical Infrastructure-Servers, Studio & Content | 0.12 |
| 3 | Corporate Office – Furniture & Equipments | 0.48 |
| 4 | Branding & Marketing | 0.72 |
| 5 | General Corporate Purpose | 0.58 |
About Arihant Institute IPO
Incorporated in the year 2007, Gujarat based Arihant Institute Limited is a company engaged in providing coaching & educational guidance for students appearing for professional courses - Chartered Accountant, Company Secretary, and CMA. It provides the coaching and guidance from Entry level test exam till final exam and covers all the subjects in depth with test series to improve their confidence and overall result.The Company operates the educational program and coaching under the Brand Name ?Arihant Institute since inception. With dedicated professors and trained staff, it has given education to more than 10000 students appeared for professional & Graduates exam. The company's student strength has improved and with dedicated efforts of the promoters, from the institute, there were 205 National Rankers in CA Inters and Final Courses, 2000+ Chartered Accountant and 175+ Company Secretary.Arihant premises spread over 9,500 sq. feet which include 8 air-conditioned classrooms, well-equipped library, canteen, staff room, 2 studios, backup lab, conference room and large administrative blocks. The company has 23 employees on its payroll.+ Read More
Contact Details
Arihant Institute Ltd. Address2, Navinpark SocietySardar Patel Colony RoadNaranpuraAhmedabad, Gujarat, 380013079- 27683113cs@arihantinstitute.comVisit Website