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Arham Technologies Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹42
Per Share
GMP
NIL
Grey Market
Est. Listing
₹42
Expected Price
Min. Application
₹252,000
2 lots × 3000 shares
IPO Issue Details
Issue Price / Price Band₹42 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size22,80,000 shares (aggregating up to ₹9.58 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 05 Dec 2022
Subscription CloseWed, 07 Dec 2022
Anchor AllotmentSun, 04 Dec 2022
Basis of AllotmentMon, 12 Dec 2022
Initiation of RefundsTue, 13 Dec 2022
Credit of Shares to DematWed, 14 Dec 2022
Listing DateThu, 15 Dec 2022
UPI Mandate Deadline2022-12-07
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 3,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 6,000 shares
P/E Ratio (Pre-IPO)13.82x
Net Offer to Public21,66,000 shares (aggregating up to ₹9.10 Cr)
Reserved for Market Maker1,14,000 shares (aggregating up to ₹0.4788 Cr)
Pre-IPO Promoter Holding61,80,000 shares
Post-IPO Promoter Holding84,60,000 shares
About Arham Technologies Ltd.

Incorporated in 2013, Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand 'STARSHINE'. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers.Arham Technologies Limited serve under Original Equipment Manufacturer ("OEM") business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands.Raw materials like open cells, Electronic Circuits (Mainboard), cabinets and Back Light Units (BLU) are imported from China and Hongkong. Other accessories i.e. Speakers, Stands etc. are procured from domestic suppliers in India.The company is strategically located in the new Smart City of Raipur, one of India's very first smart cities. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states.Competitive Strengths:Strong team with experience and expertise.Organizational stability.Smooth flow of operations & Strong customer relationship.Well-defined organizational structure.Infrastructure and Integrated Manufacturing Facility.Constant focus on developing a new and innovative product.Geographical Advantage.Eligible for incentives from State Government for investing under IT & ES policy of Chhattisgarh.

Objects of the Issue

Arham Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 To meet the working capital requirements
8.34
2
2 General Corporate Purposes
0.75
Shareholding & Lock-in
Pre-IPO Promoter Holding 61,80,000 shares
Post-IPO Promoter Holding 84,60,000 shares
Check AllotmentCheck Status →
Arham Technologies Ltd. — Live Price LIVE
₹42.00
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Issue ₹42.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹42
GMPNIL
Est. Listing₹42
Lot Size3,000 shares
Min Amount₹252,000
Listing Date15 Dec 2022
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹42
Listing Date15 Dec 2022
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 114,000 ₹0.48 Cr
TOTAL 2,280,000 100.00% ₹9.58 Cr
* Based on ₹42.00 (upper price band)
Lot Size & Investment Details
Lot Size
3,000
Shares
Issue Price
₹42.00
Per Share
Min Investment
₹126,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 3,000 ₹126,000
Retail (Max) 13 39,000 ₹1,638,000
sNII (Min) 14 42,000 ₹1,764,000
bNII (Min) 68 204,000 ₹8,568,000
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Mar-2031-Mar-2131-Mar-22
Revenue from Operations 1379.28 2280.11 3727.37
EBITDA N/A N/A N/A
Profit After Tax (PAT) 56.51 203.76 302.01
Net Worth 164.75 411.44 713.44
Total Assets 977.71 1542.22 2314.27
Reserves & Surplus 1.67 205.44 507.44
Total Borrowings 730.68 813.38 1032.89
Key Ratios & Valuation
Issue Price ₹42
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Arham Technologies Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No. 15 Electronic Manufacturing Cluster, Sector 22, Village Tuta, Atal Nagarnava, Raipur - 492015, Raipur, Chhattisgarh
Book Running Lead Managers
Finshore Management Services Ltd.
Book Running Lead Manager (BRLM)