Arihant Institute Limited IPO 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.
About Arihant Institute Limited
Arihant Institute Limited, 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 Limited 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 wider horizon, to masses with affordable fees structures based on regional and economical considerations, has inspired institute to cover other courses.
Arihant Institute Limited, with it’s present network of 20 franchisee in various states, shall impart education for these courses and CA courses as well. Till date, Arihant Institute Limited has served 15000+ students at different levels for various courses, throughout the nation. The Institute will do the best possible, to contribute for the development in education field.
Arihant Institute Limited’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.
Arihant Institute Limited has the ISO feather in its cap in the form of Quality Management Standard. ISO 9001 : 2008
About Arihant Institute Limited IPO
|IPO Size (In Cr.)||Open Date||Close Date||Draft Prospectus|
|Arihant Institute Limited IPO||7.50||23.05.2018||28.05.2018||DRHP|
Lot Size: Minimum Application for 4000 shares of Rs. 30/- each with further multiples of
The Objects of the Issue are- Training Centre Expansion, Infrastructure and General corporate purpose
Arihant Institute IPO Registrar
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Arihant Institute IPO Lead Manager
MONARCH NETWORTH CAPITAL LIMITED
Arihant Institute Limited Management
The Promoter of the Company are Mr. Sandip Vinodray Kamdar, Mr. Vinodray Keshavlal Kamdar and Mrs. Maduben Vinodray Kamdar.
Arihant Institute Limited Contact Info
Arihant Institute Limited
2, Navinpark Society
Sardar Patel Colony Road
Naranpura, Ahmedabad – 380 013
Phone: 079- 27683113