Arihant Academy Limited
ListedSMEEducation / Training Services · NSE
Incorporated in 2007, Arihant Academy Limited operates under the brand name “Arihant Academy” and provides coaching services and parallel educational support across Mumbai’s western suburbs. The company offers classes for 8th, 9th, and 10th (State Board and ICSE), 11th and 12th (Science and Commerce), and specialized coaching for major entrance exams including JEE Main, JEE Advanced, NEET, and MHT-CET, along with professional exam preparation for CA and CS (entry and second level). From its initial 8 centres, Arihant Academy has expanded to 14 coaching branches, collectively training around 6,000 students.
Price Band
₹90
Issue Size
₹14.72 Cr
Lot Size
1600 shares
GMP
₹39
+43.3%
Est. Listing
₹129
at current GMP
Subscribed
235.87x
overall
Open
16 Dec 2022
Close
21 Dec 2022
Allotment
26 Dec 2022
Refund
27 Dec 2022
Demat Credit
28 Dec 2022
Listing
29 Dec 2022
Last updated 11 months ago
Key Highlights
- •Leading player in the Education / Training Services segment
- •Price band established at ₹90 - ₹90 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹129 based on current grey market activity