Arihant Academy IPO

Open Date 16 Dec 2022 21 Dec 2022 1600 ₹ 14.72 Cr Close Date Lot Size IPO Size Listing At NSE SME Listing Date 29 Dec 2022 Price Range ₹ 90 per share Arihant Academy IPO Check Arihant Academy IPO Details

Arihant Academy is engaged in providing coaching services and parallel educational support vertical 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 commerce and science section. Arihant Academy IPO Check Arihant Academy IPO Details

The issue worth Rs. 14.72 cr consists of fresh issue of 1,635,200 equity shares. Arihant Academy IPO Check Arihant Academy IPO Details

The Net Proceeds from the Issue will be utilised towards: • Funding working capital requirements • General corporate purposes Arihant Academy IPO Check Arihant Academy IPO Details

The Arihant Academy IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹144,000). Arihant Academy IPO Check Arihant Academy IPO Details

The shares will be allotted on 26th December Arihant Academy IPO Check Arihant Academy IPO Details

Arihant Academy is promoted by Mr. Anil Suresh Kapasi and Mr. Umesh Anand Pangam Arihant Academy IPO Check Arihant Academy IPO Details

Shreni Shares Pvt. Ltd. is the leading book manager for the issue. Arihant Academy IPO Check Arihant Academy IPO Details

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Arihant Academy IPO

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Author: Sachin Gupta Published : 15 Dec 2022