Arham technologies IPO is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand ‘STARSHINE’. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers.
Arham technologies IPO – Overview
| IPO Dates | 5-7 Dec 2022. |
| IPO Price | INR 42 per share |
| Fresh issue | 2,280,000 shares (INR 9.58 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,280,000 shares (INR 9.58 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Arham technologies IPO -Tentative Dates
| IPO Offer Opening Date | 5 December 2022 |
| IPO Closing Date | 7 December 2022 |
| Finalisation of Basis of Allotment | 12 December 2022 |
| Initiation of refunds | 13 December 2022 |
| Transfer of shares to demat accounts | 14 December 2022 |
| IPO Listing Date | 15 December 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Arham Technologies is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand ‘STARSHINE’. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers.
Arham Technologies Limited serve under Original Equipment Manufacturer (“OEM”) business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands.
Raw materials like open cells, Electronic Circuits (Mainboard), cabinets and Back Light Units (BLU) are imported from China and Hongkong. Other accessories i.e. Speakers, Stands etc. are procured from domestic suppliers in India.
The company is strategically located in the new Smart City of Raipur, one of India’s very first smart cities. 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.
Objects of the Issue
- Expansion of Business.
- General Corporate Purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 2314.27 | 1542.22 | 977.71 |
| Total Revenue | 3727.37 | 2280.11 | 1379.28 |
| Profit After Tax | 302.01 | 203.76 | 56.51 |
Company Contact Information
Arham Technologies Limited
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta,
Atal Nagarnava, Raipur – 492015,
Phone: +91 70697 66778
Email: cs@arhamtechnologies.co.in
Website: http://www.arhamtechnologies.co.in/
Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Lead Manager
- Finshore Management Services Limited (Past IPO Performance)
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