Comparison between Arham Technologies IPO and Arihant Academy IPO.
Arham Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Arihant Academy IPO is a SME Fixed Price proposed to list at NSE SME.
| Arham Technologies IPO | Arihant Academy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Shreni Shares Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arham Technologies IPO is up to ₹9.10 Cr whereas the issue size of the Arihant Academy IPO is up to ₹13.97 Cr. The final issue price of Arham Technologies IPO is ₹42.00 per share and of Arihant Academy IPO is ₹90.00 per share.
| Arham Technologies IPO | Arihant Academy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹42.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1600 shares |
| Fresh Issue Size | 21,66,000 shares | 15,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.10 Cr | up to ₹13.97 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,66,000 shares | 15,52,000 shares |
| Issue Size Total (Amount) | up to ₹9.10 Cr | up to ₹13.97 Cr |
Arham Technologies IPO opens on Dec 05, 2022, while Arihant Academy IPO opens on Dec 16, 2022. The closing date of Arham Technologies IPO and Arihant Academy IPO is Dec 07, 2022, and Dec 21, 2022, respectively.
| Arham Technologies IPO | Arihant Academy IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 05, 2022 | Dec 16, 2022 |
| Issue Close | Dec 07, 2022 | Dec 21, 2022 |
| Basis Of Allotment (Tentative) | Dec 12, 2022 | Dec 26, 2022 |
| Initiation of Refunds (Tentative) | Dec 13, 2022 | Dec 27, 2022 |
| Credit of Share (Tentative) | Dec 14, 2022 | Dec 28, 2022 |
| Listing date (Tentative) | Dec 15, 2022 | Dec 29, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Arham Technologies IPO P/E ratio is 13.82, as compared to Arihant Academy IPO P/E ratio of 19.11.
| Arham Technologies IPO | Arihant Academy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.05 | 73.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.82 | 19.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹35.53 Cr. | ₹54.50 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.47 | 51.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.48 | 66.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.24 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.89 | ₹2018.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.33 | 40.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arham Technologies IPO Retail Individual Investors (RII) are offered 10,83,000 shares while in Arihant Academy IPO retail investors are offered 10,83,000 shares. Qualified Institutional Buyers (QIB) are offered in Arham Technologies IPO and in Arihant Academy IPO.
| Arham Technologies IPO | Arihant Academy IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,14,000 shares | 83,200 shares |
| QIB | ||
| NII | 10,83,000 shares | 7,76,000 shares |
| RII | 10,83,000 shares | 7,76,000 shares |
| Employee | ||
| Others | ||
| Total | 21,66,000 shares | 15,52,000 shares |
Arham Technologies IPO subscribed 450.03x in total, whereas Arihant Academy IPO subscribed 235.87x.
| Arham Technologies IPO | Arihant Academy IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 418.27x | 242.89x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 481.79x | 228.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 450.03x | 235.87x |
