Business Standard

Arham Technologies Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

9.58 cr

Price Range (₹)

42

Lot Size

3000

Min Investment (₹)

1,26,000.00

Listing Exchange

NSE - SME

Open Date

05-Dec-2022

Close Date

07-Dec-2022

Listing Date

15-Dec-2022

Arham Technologies Ltd News

    The Shares of Arham Technologies Ltd have now been listed.

    Arham Technologies Ltd IPO Details

    Initial public ofefr of 22,80,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Arham Technologies Limited (the Company or the Issuer) for cash at a price of Rs. 42/- per equity share, including a share premium of Rs. 32/- per equity share (the Issue Price), aggregating to Rs. 9.58 croress (The Issue), of which 114,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share, aggregating to Rs. 0.48 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 21,66,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share, aggregating to Rs. 9.10 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 26.95% and 25.60% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 42/- each i.e., 4.2 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares

    Objective of issue

    Working capital requirements. General corporate purposes.

    Arham Technologies Ltd Contact Details

    Arham Technologies Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email - cs@arhamtechnologies.co.in

    Website - www.arhamtechnologies.co.in