Arham Technologies Limited
NSE SME₹126,000 / 3000 Shares
Arham Technologies Limited IPO Details
The Arham Technologies Limited IPO price band is set between ₹42 per equity share, with a face value of ₹10 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 5 Dec, 2022 and closes on 7 Dec, 2022. Investors can check the allotment status on 12 Dec, 2022, while the listing date is tentatively scheduled for 15 Dec, 2022.
The total issue size is 2,280,000 shares of ₹10, aggregating up to ₹9.58 Cr. Stay tuned for the latest Arham Technologies Limited IPO review and GMP updates.
Arham Technologies Limited IPO Review, Rating & Analysis
Arham Technologies Limited IPO Review
NO REVIEWArham Technologies Limited IPO Rating
Arham Technologies Limited IPO Highlights
IPO Date
Dec 5, 2022 - Dec 7, 2022
Listing Date
15 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹42 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Arham Technologies Limited IPO Lot Size
The minimum market lot for Arham Technologies Limited IPO is 3000 shares with an application amount of ₹1,26,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,26,000 |
| Retail (Max) | 1 | 3000 | ₹1,26,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,52,000 |
| S-HNI (Max) | 7 | 21000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,08,000 |
Arham Technologies Limited IPO Timeline
Issue Price
₹42 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Finshore Management Services LimitedIssue Size
2,280,000 shares of ₹10(aggregating up to ₹9.58 Cr)Arham Technologies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 2314.27 | 3727.37 | 302.01 | - | - | - |
| 31 Mar 21 | 1542.22 | 2280.11 | 203.76 | - | - | - |
| 31 Mar 20 | 977.71 | 1379.28 | 56.51 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Roshan Jain
- Mr. Ankit Jain
- Mr. Anekant Jain
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.05% |
About Company
Incorporated in 2013, Arham Technologies Limited 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.
Arham Technologies Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,083,000 | 1,083,000 | 2,166,000 |
Day 1 -05-12-22 06:00 PM | 0.98 x | 4.96 x | 2.97 x |
Day 2 -06-12-22 06:00 PM | 22.16 x | 65.07 x | 43.64 x |
Day 3 -07-12-22 06:00 PM | 412.33 x | 467.99 x | 442.79 x |
Frequently Asked Questions about Arham Technologies Limited IPO
When will Arham Technologies Limited IPO open for subscription?
The Arham Technologies Limited IPO opens on 5 Dec, 2022 and closes on 7 Dec, 2022.
What is the investors portion for Arham Technologies Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1083000.
How to apply for Arham Technologies Limited IPO?
You can apply for Arham Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Arham Technologies Limited IPO?
The issue size of Arham Technologies Limited IPO is approx ₹2,280,000 shares of ₹10(aggregating up to ₹9.58 Cr) crores.
What is the price band of Arham Technologies Limited IPO?
The price band for Arham Technologies Limited IPO is ₹42 per equity share to ₹undefined.
What is the lot size of Arham Technologies Limited IPO?
The minimum bid (lot size) for Arham Technologies Limited IPO is N/A shares with an investment of approx ₹126,000 .
What is the allotment date of Arham Technologies Limited IPO?
The allotment date for Arham Technologies Limited IPO is 12 Dec, 2022.
What is the listing date of Arham Technologies Limited IPO?
The listing date for Arham Technologies Limited IPO is expected to be 15 Dec, 2022.
What is the GMP of Arham Technologies Limited IPO?
The latest Grey Market Premium (GMP) for Arham Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.