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graph-market IPO

Arihant Institute Ltd

Registered Office: 201-202 Ratna High Street,2nd Floor Near Naranpura, Ahmedabad - 380013, Gujarat, India.
Phone : 91-079-27683113   Fax:
Email :  cs@arihantinstitute.com  
Website :  www.arihantinstitute.com

Public issue of 25,00,000 equity shares of face value of Rs. 10/- each of Arihant Institute Limited ("The Company" or "The Issuer") for cash at a price of Rs. 30/- per equity share (including a share premium of Rs. 20/- per equity share) ("Issue Price") aggregating to Rs. 7.50 crores ("The Issue"), of which 1,32,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. Rs. 30/- per equity share, aggregating to Rs. 0.40 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion")- the issue less the market maker reservation portion i e. Issue of 23,68,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30/-per equity share aggregating to Rs. 7.10 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.58% and 25.18%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and th issue price is Rs. 30/-. The Issue price is 3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
23-May-18 28-May-18 30.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 7.50 Monarch Networth Capital Ltd
Project Financed through Current Offer 7.50  
Post Issue Equity Share Capital 9.41  
Issue Price 30.00  

Projects

  • Training Centre Expansion
  • Technical Infrastructure-Servers, Studio & Content
  • Corporate Office-Furniture & Equipment
  • Branding & Marketing
  • General corporate purpose

Promoted By

Sandip Vinodray Kamdar

Vinodray Keshavlal Kamdar

Madhuben Vinodray Kamdar

Listing At

BSE - SME

Registrar to the Issue

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