Arihant Institute IPO is set to make its debut on 23rd May 18 with 7.5 Cr is a company engaged in providing coaching & educational guidance for students appearing for professional courses – Chartered Accountant, Company Secretary, and CMA.
Arihant Institute IPO – overview
IPO Dates | 23-28 May 18 |
IPO Price | INR 30 per share |
Fresh issue | – |
Offer For Sale | Nil |
Total IPO size | 2,500,00 shares (INR 7.5 crore) |
Minimum bid (lot size) | 4000 shares |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | BSE Emerge |
Company Overview
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 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 who 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, a well-equipped library, canteen, staff room, 2 studios, backup lab, conference room and large administrative blocks. The company has 23 employees on its payroll.
Objects of the Issue
1. Training Centre Expansion
2.Technical Infrastructure -Servers & Studio, Portal and Content Development
4.Branding and Marketing
5.Corporate Office Restructuring
6.General corporate purpose
Company Financials
Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
Total Assets | 586.93 | 575.03 | 729.55 |
Total Revenue | 169.20 | 864.20 | 385.50 |
Profit After Tax | 112.74 | (14.45) | 3.79 |
Company Contact Information
Arihant Institute Limited
2, Navinpark Society
Sardar Patel Colony Road
Naranpura, Ahmedabad – 380 013
Phone: 079- 27683113
Email: cs@arihantinstitute.com
Website: http://www.arihantinstitute.com
Arihant Institute IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Arihant Institute IPO Lead Manager(s)
- Monarch Networth Capital Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker