Arihant Institute Ltd - IPO

Arihant Institute Ltd IPO Details

Public issue of 25,00,000 equity shares of face value of Rs. 10/- each of Arihant Institute Limited (The Company or The Issuer) for cash at a price of Rs. 30/- per equity share (including a share premium of Rs. 20/- per equity share) (Issue Price) aggregating to Rs. 7.50 crores (The Issue), of which 1,32,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. Rs. 30/- per equity share, aggregating to Rs. 0.40 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 23,68,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 30/-per equity share aggregating to Rs. 7.10 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.58% and 25.18%, respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10 each and th issue price is Rs. 30/-. The Issue price is 3 times of the face value.

Objective of issue

Training Centre Expansion. Technical Infrastructure-Servers, Studio & Content. Corporate Office-Furniture & Equipment. Branding & Marketing. General corporate purpose.

Arihant Institute Ltd Contact Details

Arihant Institute Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@arihantinstitute.com

Website - www.arihantinstitute.com