IPO Synopsis
Home >> IPO >> IPO Synopsis
Arihant Institute Ltd
Registered Office:
201-202 Ratna High Street,2nd Floor Near Naranpura,
Ahmedabad - 380013,
Gujarat, India.
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
Karvy Computershare Pvt Ltd
Adani Ports & Special Economic Zone Ltd     320.60   Up   1.60 (0.50%)   Asian Paints Ltd     1,161.75   Up   23.30 (2.05%)   Axis Bank Ltd     569.65   Up   6.90 (1.23%)   Bajaj Auto Ltd     2,571.65   Down   -14.85 (-0.57%)   Bajaj Finance Ltd     2,186.00   Up   102.65 (4.93%)   Bajaj Finserv Ltd     5,069.00   Down   -98.75 (-1.91%)   Bharat Petroleum Corporation Ltd     280.95   Up   11.40 (4.23%)   Bharti Airtel Ltd     291.00   Up   5.10 (1.78%)   Bharti Infratel Ltd     265.15   Down   -0.35 (-0.13%)   Cipla Ltd     622.40   Up   0.05 (0.01%)   Coal India Ltd     275.30   Down   -2.05 (-0.74%)   Dr Reddys Laboratories Ltd     2,433.65   Down   -40.10 (-1.62%)   Eicher Motors Ltd     22,158.75   Down   -99.40 (-0.45%)   GAIL (India) Ltd     340.55   Up   0.55 (0.16%)   Grasim Industries Ltd     818.10   Down   -7.85 (-0.95%)   HCL Technologies Ltd     955.00   Up   3.45 (0.36%)   HDFC Bank Ltd     1,984.80   Down   -0.05 (0.00%)   Hero Honda Motors Ltd     2,705.00   Down   -19.25 (-0.71%)   Hindalco Industries Ltd     226.50   Up   7.00 (3.19%)   Hindustan Petroleum Corporation Ltd     224.35   Up   6.45 (2.96%)   Hindustan Unilever Ltd     1,570.90   Up   18.85 (1.21%)   Housing Development Finance Corporation Ltd     1,724.35   Up   37.60 (2.23%)   ICICI Bank Ltd     327.55   Up   4.70 (1.46%)   Indiabulls Housing Finance Ltd     744.85   Up   10.20 (1.39%)   Indian Oil Corporation Ltd     134.70   Up   4.70 (3.62%)   IndusInd Bank Ltd     1,499.10   Up   25.95 (1.76%)   Infosys Technologies Ltd     655.95   Down   -1.65 (-0.25%)   ITC Ltd     288.80   Up   2.80 (0.98%)   JSW Steel Ltd     349.40   Up   1.90 (0.55%)   Kotak Mahindra Bank Ltd     1,177.50   Up   3.05 (0.26%)   Larsen & Toubro Ltd     1,213.20   Up   12.50 (1.04%)   Mahindra & Mahindra Ltd     740.15   Up   10.20 (1.40%)   Maruti Suzuki India Ltd     6,782.00   Up   10.70 (0.16%)   NIFTY (S&P CNX)     10,204.70   Up   57.90 (0.57%)   NTPC Ltd     165.00   Down   0.00 (0.00%)   Oil & Natural Gas Corpn Ltd     156.60   Up   1.20 (0.77%)   Power Grid Corporation of India Ltd     190.25   Down   -0.70 (-0.37%)   Reliance Industries Ltd     1,058.25   Up   3.55 (0.34%)   State Bank of India     259.35   Up   3.70 (1.45%)   Sun Pharmaceuticals Industries Ltd     565.30   Down   -10.55 (-1.83%)   Tata Consultancy Services Ltd     1,824.35   Down   -19.30 (-1.05%)   Tata Motors Ltd     171.15   Up   0.50 (0.29%)   Tata Steel Ltd     549.95   Up   4.35 (0.80%)   Tech Mahindra Ltd     653.05   Down   -15.20 (-2.27%)   Titan Company Ltd     775.00   Down   -3.20 (-0.41%)   UltraTech Cement Ltd     3,375.95   Up   32.30 (0.97%)   UPL Ltd     621.00   Up   5.65 (0.92%)   Vedanta Ltd     213.50   Up   3.15 (1.50%)   Wipro Ltd     303.45   Down   -5.65 (-1.83%)   Yes Bank Ltd     213.00   Down   -0.20 (-0.09%)   Zee Entertainment Enterprises Ltd     435.10   Down   -2.50 (-0.57%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com