Arihant Institute Limited IPO

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Arihant Institute Limited IPO

Arihant Institute Limited was incorporated on 30th March 2007 Arihant Institute, since its starting in 1998, has progressed by way of its Quality Education, Training and Coaching students for CA. By now more than 3000 students Per year, including 186 National Rankers and 1862 Chartered Accountants, who passed as CA professionals through Arihant Institute feel proud of their association with us.
Arihant Institute is already geared up to expand its services by having launched its Satellite Learning Programme – SLP – in October 2008. Institute’ s motto to impart education with a wider horizon, to masses with affordable fees structures based on regional and economic considerations, has inspired us to cover other courses. We, with our present network of 20 franchisees in various states, shall impart education for these courses and CA courses as well. Till date, Arihant has served 15000+ students at different levels for various courses, throughout the nation. The Institute will do the best possible, to contribute to the development in the education field. Arihant’s premises spread over 20,000 sq. feet. Which includes 12 air-conditioned Classrooms, well-equipped library, canteen, staff-room, 2 studios, Back-up Lab, Conference Room, and large administrative blocks. AIPL has the ISO feather in its cap in the form of Quality Management Standard. ISO 9001: 2008
Competitive Strength
Arihant provides knowledge-based teaching
Arihant has experienced & dedicated faculties
Arihant has a history of generating good results
Arihant is preferred by rankers
Arihant provides updated course material
Arihant provides a systematic study plan
Arihant provides regular guidance & motivation
Arihant completes course in time & allows self-study
Arihant provides facility of regular exams & evaluation
Arihant provides facility of recorded back-up lectures
Arihant Institute Limited has received a lot of awards
Indian Achievers’ Award for Education Excellence – 2011
Arch of Excellence (Education) – 2011
Since its starting in 1998, has progressed by way of its Quality Education, Training and Coaching students for CA. By now more than 3000 students Per year, including 186 National Rankers and 1862 Chartered Accountants, who passed as CA professionals through Arihant Institute feel proud of their association with us.

Arihant Institute Limited IPO Stock Quote & Charts

28.90

-0.34%

  • Open: 28.90
  • High - Low: 28.90 - 28.90
  • Previous Close: 29.00
  • Total Traded Volume: 28000
  • Updated On: 22-Jun-2018

Objects of the Arihant Institute Limited IPO:

Objective of

Arihant Institute Limited IPO

are: 1. Training Center Expenssion 2. Branding and Marketting 3. Corporate office Restructuring 4. General Corporate Purpose 5. IPO Relate Expenses

Listing Date: Jun 05 2018

Arihant Institute Limited IPO Details:

Open Date: May 23 2018
Close Date: May 28 2018
Total Shares: 25,00,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 7.5 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 30 Per Equity Share
Listing At: BSE SME
Listing Date: Jun 05 2018

Promoters And Management:

Promoters of Arihant Institute Limited Company are: Sandeep Kumar Vinodray Keshanlal Kamdar Anjali Kamdar Madhuben Vinodray Kamdar

Financials of Arihant Institute Limited IPO as per DRHP:

Particulars For the year/period ended (in Rs. Lacs)
31-Jan-2018 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 678.52 586.93 575.03 729.55 666.60
Total Revenue 114.12 169.20 864.20 385.50 609.96
Profit After Tax 122.9 112.7 (14.451) 3.79 (146.26)

Recommendation on Arihant Institute Limited IPO:

Review and Recommendation of

Arihant Institute Limited IPO

from our side is: Avoid

Lead Manager of Arihant Institute Limited IPO:

  1. Monarch Networth Capital Limited

Registrar of Arihant Institute Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

Arihant Institute Limited No. 2, ‘Arihnat House’, Navin Park Society, Ahmedabad, Gujarat – 380013. India Phone No. 91 079 27683113,14,15 Email ID info@arihantinstitute.com Website: www.arihantinstitute.com

Bid Details of Arihant Institute Limited IPO as on
28 May 2018 | 11:58:01 PM

Category No.of shares offered No. of shares bid
1,184,000 816,000
1,184,000 4,388,000
132,000 132,000
2,500,000 5,336,000
QIBs No
QIBs+HNIs Subscription 0.69X
Retail Subscription 3.71X
Total Subscription 2.08X

Discussion on Arihant Institute Limited IPO: