Upcoming SME IPO_ Arihant Institute Limited IPO

Arihant Institute Limited IPO

Issue Analysis :

Issue opens May 23, 2018
Issue Closes May 28, 2018
Issue Price 30
Lot Size 4000
Issue Size 7.50 Cr
Registrar Karvy Computershare Private Limited
Platform BSE

Company’s Snapshot :

Incorporated in the year 2007, Gujarat based Arihant Institute Limited is a company engaged in providing coaching & educational guidance for students appearing for professional courses – Chartered Accountant, Company Secretary, and CMA. It provides the coaching and guidance from Entry level test exam till final exam and covers all the subjects in depth with test series to improve their confidence and overall result.

The Company operates the educational program and coaching under the Brand Name ―Arihant Institute since inception. With dedicated professors and trained staff, it has given education to more than 10000 students appeared for professional & Graduates exam. The company’s student strength has improved and with dedicated efforts of the promoters, from the institute, there were 205 National Rankers in CA Inters and Final Courses, 2000+ Chartered Accountant and 175+ Company Secretary.

Arihant premises spread over 9,500 sq. feet which include 8 air-conditioned classrooms, well-equipped library, canteen, staff room, 2 studios, backup lab, conference room and large administrative blocks. The company has 23 employees on its payroll.

Object of the Issue :

The Objects of the Issue are-

1.Training Centre Expansion
2.Technical Infrastructure -Servers & Studio, Portal and Content Development
4.Branding and Marketing
5.Corporate Office Restructuring
6.General corporate purpose
7.IPO related expense


Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 586.93 575.03 729.55 666.60 597.24
Total Revenue 169.20 864.20 385.50 609.96 864.20
Profit After Tax 112.74 (14.45) 3.79 (146.26) 16.48


Company Promoters:

The Promoter of the Company are Mr. Sandip Vinodray Kamdar, Mr. Vinodray Keshavlal Kamdar, Mrs. Maduben Vinodray Kamdar, and Mrs. Anjali Sandipbhai Kamdar.


Contact Company Information:

Arihant Institute Limited
2, Navinpark Society
Sardar Patel Colony Road
Naranpura, Ahmedabad – 380 013
Phone: 079- 27683113
Email: cs@arihantinstitute.com
Website: http://www.arihantinstitute.com

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