Arihant Academy Ltd IPO |
Registered Office:
Gr.Fr Triveni Sadan No3 Bori(E,Opp Ambe Mata Temple Carter Rd
,
Mumbai
-
400066
,
Maharashtra
, India.
Phone :
91-99207 81706 Fax:
Email : investors@arihantacademy.com
Website : www.arihantacademy.com
|
| Initial public offering of 16,35,200 equity shares of face value of (Rs)10/- each ("Equity Shares") of Arihant Academy Limited ("Arihant" or The "Company" or "The Issuer") for cash at a price of (Rs)90/- per equity share (including a premium of (Rs)80/- per equity share) ("Issue Price") aggregating (Rs)14.72 crores ("The Issue") of which 83,200 equity shares aggregating to (Rs)0.75 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 15,52,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)90/- per equity share aggregating to (Rs)13.97 crores ("Net Issue"). The issue and the net issue will constitute 27.00% and 25.63% of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is (Rs)10/- each and the issue price is 9.0 times of the face value.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 16-Dec-22 |
21-Dec-22 |
(Rs)90.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
13.72 |
|
| Project Financed through Current Offer |
14.72 |
|
| Post Issue Equity Share Capital |
6.06 |
|
| Issue Price |
(Rs)90.00 |
|
|