Listed Price₹120.10
Listing Gain+33.44%
Price Band₹90
Lot Size1,600 shares
Min Bid₹1,44,000
Subscription235.87x
Listed Market Snapshot
₹120.10Listed price from market data
+33.44%listing gain
Issue Amount
₹14.72 Cr
Listed Price
₹120.10
Current Price
₹120.10
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price IPO
Open16 Dec 2022
Close21 Dec 2022
Allotment26 Dec 2022
Listing29 Dec 2022
Quota Reservation Portions
Market MakerPortion: 83,200 shares
5.09%Nii (hni)Portion: 7,76,000 shares
47.46%RetailPortion: 7,76,000 shares
47.46%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,44,000HNI2 lots / 3,200 shares
₹2,88,000About the Company
Incorporated in 2007, Arihant Academy Limited operates under the brand name “Arihant Academy” and provides coaching services and parallel educational support across Mumbai’s western suburbs. The company offers classes for 8th, 9th, and 10th (State Board and ICSE), 11th and 12th (Science and Commerce), and specialized coaching for major entrance exams including JEE Main, JEE Advanced, NEET, and MHT-CET, along with professional exam preparation for CA and CS (entry and second level). From its initial 8 centres, Arihant Academy has expanded to 14 coaching branches, collectively training around 6,000 students.
Company Promoters
Mr. Anil Suresh KapasiMr. Umesh Anand Pangam
Lead Managers
Registrar
Bigshare Services Private Limited