IPO Trending
ARIHANTACASME / NSEListed
Arihant Academy

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.

DRHP
₹90 - ₹90235.87x sub
Listed Price₹120.10
Listing Gain+33.44%

IPO Schedule & Timeline

Fixed Price IPO
Open16 Dec 2022
Close21 Dec 2022
Allotment26 Dec 2022
Listing29 Dec 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker83,200 shares
5.09%
Nii (hni)7,76,000 shares
47.46%
Retail7,76,000 shares
47.46%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,44,000
HNI2 Lots (3,200 shares)
₹2,88,000

Company Promoters

Mr. Anil Suresh KapasiMr. Umesh Anand Pangam

Company Background

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 includi...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹1921.12 Cr
Growth+25.4%
Revenue Trend (₹ in Crores)
0.0736.41.5k2.2kMar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-201921.1242.09814.389.38
Mar-211409.77112.56829.0948.98
Mar-221531.97201.861104.26127.6

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
26 Dec 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
29 Dec 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Arihant Academy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Dec 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 Dec 2022Trading commences on exchange

How to Check Arihant Academy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Arihant Academy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Arihant Academy IPO

Complete issue overview for Arihant Academy (ARIHANTACA) IPO. The issue features an equity share price band of ₹90 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions