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Arihant Institute Limited IPO
BSE SMERs 1,20,000 / 4000 Shares
Arihant Institute Limited IPO Details
The Arihant Institute Limited IPO price band is set between Rs 30 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 23 May, 2018 and closes on 28 May, 2018. Investors can check the allotment status on 1 Jun, 2018, while the listing date is tentatively scheduled for 5 Jun, 2018.
The total issue size is 25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr, aggregating up to . Stay tuned for the latest Arihant Institute Limited IPO review and GMP updates.
Arihant Institute Limited IPO Review, Rating & Analysis
Arihant Institute Limited IPO Review
NO REVIEWArihant Institute Limited IPO Rating
Arihant Institute Limited IPO Highlights
IPO Date
May 23, 2018 - May 28, 2018
Listing Date
5 Jun, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 30 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Arihant Institute Limited IPO Lot Size
The minimum market lot for Arihant Institute Limited IPO is 4000 shares with an application amount of ₹1,20,000. 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 | 4000 | ₹1,20,000 |
| Retail (Max) | 1 | 4000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 8000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 32000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 36000 | ₹10,80,000 |
Arihant Institute Limited IPO Timeline
Issue Price
Rs 30 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Karvy Computershare Private LimitedLead Manager
MONARCH NETWORTH CAPITAL LIMITEDIssue Size
25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Sandip Vinodray Kamdar
- Mr. Vinodray Keshavlal Kamdar
- Mrs. Maduben Vinodray Kamdar
- Mrs. Anjali Sandipbhai Kamdar
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Arihant Institute Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,84,000 | 11,84,000 | 23,68,000 |
Day 1 -23-05-18 | 0 x | 5,24,000 0.44 x | 5,24,000 0.22 x |
Day 2 -24-05-18 | 1,80,000 0.15 x | 6,00,000 0.51 x | 7,80,000 0.33 x |
Day 3 -25-05-18 | 4,72,000 0.40 x | 9,32,000 0.79 x | 14,04,000 0.59 x |
Day 4 -28-05-18 | 8,16,000 0.69 x | 43,88,000 3.71 x | 52,04,000 2.20 x |
Frequently Asked Questions about Arihant Institute Limited IPO IPO
When will Arihant Institute Limited IPO open for subscription?
The Arihant Institute Limited IPO opens on 23 May, 2018 and closes on 28 May, 2018.
What is the investors portion for Arihant Institute Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1184000.
How to apply for Arihant Institute Limited IPO?
You can apply for Arihant Institute 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 Arihant Institute Limited IPO?
The issue size of Arihant Institute Limited IPO is approx ₹25,00,000 Equity Shares of Rs 10/- each at a price of Rs 30/- per share aggregating to 7.5 Cr crores.
What is the price band of Arihant Institute Limited IPO?
The price band for Arihant Institute Limited IPO is Rs 30 Per Equity Share to ₹undefined.
What is the lot size of Arihant Institute Limited IPO?
The minimum bid (lot size) for Arihant Institute Limited IPO is 4000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Arihant Institute Limited IPO?
The allotment date for Arihant Institute Limited IPO is 1 Jun, 2018.
What is the listing date of Arihant Institute Limited IPO?
The listing date for Arihant Institute Limited IPO is expected to be 5 Jun, 2018.
What is the GMP of Arihant Institute Limited IPO?
The latest Grey Market Premium (GMP) for Arihant Institute 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.