Incorporated in 2007, Arihant Academy Limited is engaged in providing coaching services and parallel educational support verticals. The company offers services in the western suburbs of Mumbai, Maharashtra for Class 8, 9 and 10 for both State Board and ICSE Board; Class 11 and 12 for the commerce and science section; tutoring students in the science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for the entry-level and second level exam, in the commerce section.
The company operates under the brand name “Arihant Academy”.
The company has managed to develop a base in the coaching classes sector by setting up 8 branches at the time of taking over the business of the M/s. Arihant Academy to 14 branches across all the sections. Arihant Academy Limited caters to around 6,000 students from these 14 coaching centres.
Competitive Strengths:
- Hybrid Model of Coaching.
- Experienced Management Team.
- Qualified Pool of Faculty.
- Professional & Organizational Development.
- Result-oriented methods of coaching.
Arihant Academy SME IPO Subscription Status Live
Last Data Updated on 21st December 2022, 07:00 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | – | – | – | – |
| NII | 1.52 | 3.79 | 11.91 | 242.89 |
| Retail | 3.21 | 21.40 | 60.45 | 228.85 |
| Total | 2.36 | 12.59 | 36.18 | 235.87 |
Arihant Academy SME IPO Dates & Price Band :
| IPO Open: | Dec 16, 2022 |
| IPO Close: | Dec 21, 2022 |
| IPO Size: | Approx ₹14.72 Crores |
| Price Band: | ₹90 per Equity share |
| Listing on: | NSE SME |
| Retail Portion: | 50% of the net offer |
| Equity: | 1,635,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
Arihant Academy SME IPO Market Lot:
- Shares: 1,635,200 Shares
- Minimum Amount: ₹144,000
- Maximum Amount: ₹144,000
Arihant Academy SME IPO Allotment & Listing:
- Basis of Allotment: Dec 26, 2022
- Refunds: Dec 27, 2022
- Credit to Demat accounts: Dec 28, 2022
- Listing: Dec 29, 2022
Arihant Academy SME IPO Grey Market Premium
Arihant Academy SME IPO Allotment Status
Arihant Academy SME IPO Listing Date