Arihant Institute IPO Subscription Details

Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Wed, May 23, 2018 - Mon, May 28, 2018

Basis of Allotment - Arihant Institute IPO

Details NII Retail Total
Allocation (No. of shares)11,84,00011,84,00023,68,000
Allotment price (Rs.)303030
No.of applications101,0551,065
No.of shares applied6,20,00042,20,00048,40,000
Amount collected (Rs.cr.)1.86 12.66 14.52
No.of times subscribed0.523.562.04
No.of shares allotted3,00,00020,68,00023,68,000
Amount (Rs.cr.)0.90 6.20 7.10
No.of allottees10517527

IPO Shares Offered

Arihant Institute IPO is a public issue of 0.24 Cr equity shares. The issue offers 0.12 Cr shares to retail investors , 0.12 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 Maker1,32,0000.40 5.28%
Other 11,84,0003.55 47.36%
Retail11,84,0003.55 47.36%
Total25,00,0007.50 100%

IPO Subscription FAQs

The Arihant Institute IPO is subscribed 2.1976 times by May 28, 2018 17:00.

Arihant Institute IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.6892
Retail Individual3.7061
Total Subscription2.1976

Retail category of Arihant Institute IPO subscribed 3.7061 times as of date May 28, 2018 17:00. The public issue closes on Mon, May 28, 2018 for bidding.

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

The Arihant Institute IPO is subscribed 2.1976 times by May 28, 2018 17:00.

The Arihant Institute IPO allotment status is expected on or around [.]. Visit Arihant Institute IPO allotment status to check.

The Arihant Institute IPO listing date is June 5, 2018. The equity share of Arihant Institute IPO will list on BSE SME.

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

Arihant Institute IPO Timetable

IPO opens OnWednesday, May 23, 2018
IPO Closes OnMonday, May 28, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, June 5, 2018
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