
Consumer Discretionary · NSE
Incorporated in 2013, Arham Technologies Limited is engaged in manufacturing LED Smart Televisions under its in-house brand ‘STARSHINE’ and operates as an OEM supplier for various brands, producing LED TVs as per client specifications. The company also offers fans, air coolers, and mixer grinders through third-party manufacturers. Key components such as open cells, mainboards, cabinets, and backlight units are imported from China and Hong Kong, while accessories like speakers and stands are sourced domestically. Strategically located in Raipur, one of India’s first smart cities, Arham Technologies enjoys strong market access to seven bordering states, including Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh, Uttar Pradesh, and Jharkhand.
Price Band
₹42
Issue Size
₹9.58 Cr
Lot Size
3000 shares
GMP
+64.3%
Est. Listing
₹69
at current GMP
Subscribed
442.79x
overall
Open
5 Dec 2022
Close
7 Dec 2022
Allotment
12 Dec 2022
Refund
13 Dec 2022
Demat Credit
14 Dec 2022
Listing
15 Dec 2022
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
12 Dec 2022
Basis finalization
Refunds Initiate
13 Dec 2022
Mandate release
Demat Credit
14 Dec 2022
Shares in demat
Listing Debut
15 Dec 2022
Trading begins
Arham Technologies Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹9.58 Crores. The shares are offered at a price band of ₹42 to ₹42 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-12-07, the basis of allotment is scheduled to be finalized on 2022-12-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.