
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
Overall Subscription
442.79x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,140,476 | — | 0.00x |
| Non-Institutional (NII / HNI) | 342,143 | — | 0.00x |
| Retail Individual (RII) | 798,333 | — | 0.00x |
| Total | 2,280,952 | 0 | 442.79x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 266 | 117,782 | 442.79x |
| HNIs (10L +) | 2 | 886 | 443.00x |
| HNIs (2-10L) | 8 | 3,542 | 442.75x |
| Total Applications | 276 | 122,210 | 442.79x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Arham Technologies Limited IPO is ₹27 per equity share. Based on the upper price band of ₹42 to ₹42 per equity share, the estimated listing price is ₹69 (+64.3% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹27, the expected profit per application lot is approx ₹81,000 (+64.3% gain). Minimum application cost is approx ₹1,26,000.
The Arham Technologies Limited IPO aggregate issue size is ₹9.58 Crores with an equity price band set at ₹42 to ₹42 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 442.79x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2022-12-12. Investors can verify status using PAN card or application number.
Arham Technologies Limited shares are scheduled to list on NSE on 2022-12-15.