Arihant Academy IPO Subscription Details

Fixed Price IPO | ₹15 Cr | Listed at NSE SME | Fri, Dec 16, 2022 - Wed, Dec 21, 2022

Basis of Allotment - Arihant Academy IPO

Details NII Retail Total
Allocation (No. of shares)7,76,0007,76,00015,52,000
Allotment price (Rs.)909090
No.of applications8,5921,09,0431,17,635
No.of shares applied18,75,82,40017,44,68,80036,20,51,200
Amount collected (Rs.cr.)1,688.24 1,570.22 3,258.46
No.of times subscribed241.73224.83233.28
No.of shares allotted7,76,0007,76,00015,52,000
Amount (Rs.cr.)6.98 6.98 13.97
No.of allottees0485485

IPO Shares Offered

Arihant Academy IPO is a public issue of 0.16 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker83,2000.75 5.09%
Other 7,76,0006.98 47.46%
Retail7,76,0006.98 47.46%
Total16,35,20014.72 100%

IPO Subscription FAQs

The Arihant Academy IPO is subscribed 235.8701 times by Dec 21, 2022 19:00.

Arihant Academy IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional242.8887
Retail Individual228.8515
Total Subscription235.8701

Retail category of Arihant Academy IPO subscribed 228.8515 times as of date Dec 21, 2022 19:00. The public issue closes on Wed, Dec 21, 2022 for bidding.

An investor can apply in Arihant Academy IPO online via bank (using ASBA) or the broker (using UPI). The Arihant Academy IPO shares are offered online only.

The Arihant Academy IPO is subscribed 235.8701 times by Dec 21, 2022 19:00.

The Arihant Academy IPO allotment status is expected on or around Monday, December 26, 2022. Visit Arihant Academy IPO allotment status to check.

The Arihant Academy IPO listing date is December 29, 2022. The equity share of Arihant Academy IPO will list on NSE SME.

Visit Arihant Academy IPO subscription status page for real-time bidding information about Arihant Academy IPO.

Arihant Academy IPO Timetable

IPO opens OnFriday, December 16, 2022
IPO Closes OnWednesday, December 21, 2022
Finalisation of Basis of AllotmentMonday, December 26, 2022
Initiation of RefundsTuesday, December 27, 2022
Credit of Shares to Demat AccountWednesday, December 28, 2022
IPO Listing DateThursday, December 29, 2022
Open an Instant Account with Zerodha