31 Mar 2020
Assets8.14
Total Income19.21
Profit After Tax0.42
NET Worth1.77
Reserves and Surplus1.77
Total Borrowing0.89
At a glance
Updated 2026-08-31The shares listed at ₹120.10, a 33.44% move from the issue price. Arihant Academy is a SME IPO with an issue size of ₹14.72 crore, proposed for listing on NSE SME. The offer opens on 16th Dec 2022 and closes on 21st Dec 2022. The issue structure includes a fresh issue of ₹13.97 crore. The current listing schedule points to 29th Dec 2022.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹14.72 Cr
Fresh issue₹13.97 Cr
Face value₹10
Price band—–—
Allotment26th Dec 2022
Listing29th Dec 2022
Listing performance
Full performance ↗Issue price₹90.00
Listing price₹120.10
Current price—
Listing gain33.44%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹38.00
GMP / upper priceNO DATA
Est. listing₹128.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Dec 2022
Closes21st Dec 2022
Allotment26th Dec 2022
Refund27th Dec 2022
Demat28th Dec 2022
Listing29th Dec 2022
Subscription demand
Full bidding ↗Total235.87×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | — |
Company
Incorporated2007
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements; and | ₹11.00 Cr |
| General corporate purposes | ₹2.72 Cr |
Financials
Full financials ↗31 Mar 2021
Assets8.29
Total Income14.10
Profit After Tax1.13
NET Worth2.90
Reserves and Surplus2.90
Total Borrowing0.49
31 Mar 2022
Assets11.04
Total Income15.32
Profit After Tax2.02
NET Worth4.92
Reserves and Surplus4.92
Total Borrowing1.28
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS2018.61
Pre-IPO P/E19.11
Promoter holding pre100%
Promoter holding post73%
Market cap₹54.50 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead manager(s) fees including underwriting commission | ₹0.19 Cr |
| Brokerage, selling commission and upload fees | ₹0.00 Cr |
| Registrar to the issue | ₹0.02 Cr |
| Legal Advisors | ₹0.00 Cr |
| Advertising and marketing expenses | ₹0.60 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of issue stationary | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | ₹0.14 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-31.