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Incorporated in 2013, Arham Technologies Limited is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand 'STARSHINE'. The company also manufacture Fans, Air Coolers and Mixer Grinders through third-party manufacturers.
Arham Technologies Limited serve under Original Equipment Manufacturer ("OEM") business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands.
Raw materials like open cells, Electronic Circuits (Mainboard), cabinets and Back Light Units (BLU) are imported from China and Hongkong. Other accessories i.e. Speakers, Stands etc. are procured from domestic suppliers in India.
The company is strategically located in the new Smart City of Raipur, one of India's very first smart cities. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states.
Competitive Strengths:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 977.71 | 1379.28 | 56.51 | 164.75 | 1.67 | 730.68 |
| 31-Mar-21 | 1542.22 | 2280.11 | 203.76 | 411.44 | 205.44 | 813.38 |
| 31-Mar-22 | 2314.27 | 3727.37 | 302.01 | 713.44 | 507.44 | 1032.89 |
| 30-Sep-22 | 2657.5 | 2140.06 | 128.37 | 841.81 | 223.81 | 1212.91 |
| Amount in ₹ Lakhs | ||||||
The Objects of the Issue are:
A. To meet the working capital requirements
B. To meet the Issue Expenses
C. General Corporate Purposes
| IPO Date | Dec 5, 2022 to Dec 7, 2022 |
| Listing Date | Thursday, December 15, 2022 |
| Face Value | ₹10 per share |
| Price | ₹42 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,280,000 shares of ₹10 (aggregating up to ₹9.58 Cr) |
| Fresh Issue | 2,280,000 shares of ₹10 (aggregating up to ₹9.58 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Market Maker | NIKUNJ STOCK BROKERS LIMITED |
| Company Promoters | Mr. Roshan Jain, Mr. Ankit Jain, and Mr. Anekant Jain are the company promoters. |
Arham Technologies IPO opens on Dec 5, 2022, and closes on Dec 7, 2022. The Arham Technologies IPO bid date is from Dec 5, 2022 10.00 A.M. to Dec 7, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 5, 2022 |
| Closing Date | Dec 7, 2022 |
| Basis of Allotment | Dec 12, 2022 |
| Initiation of Refunds | Dec 13, 2022 |
| Credit of Shares to Demat | Dec 14, 2022 |
| Listing Date | Dec 15, 2022 |
The Arham Technologies IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹126,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹126,000 |
| Retail (Max) | 1 | 3000 | ₹126,000 |
| HNI (Min) | 2 | 6,000 | ₹252,000 |
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.05% |
ATL is operating in a fragmented and highly competitive segment. The issue appears fully priced based on its financial performance so far. The sustainability of margins going forward is a major concern. Well-informed, risk seeker cash surplus investors may consider investing in this fully priced issue. Read detail review...
The Arham Technologies IPO is subscribed 450.03 times on Dec 7, 2022 7:00:00 PM. The public issue subscribed 481.79 times in the retail category, times in the QIB category, and 418.27 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 418.27 |
| Retail | 481.79 |
| Total | 450.03 |
| Listing Date | Thursday, December 15, 2022 |
| BSE Script Code | |
| NSE Symbol | ARHAM |
| Listing In | |
| ISIN | INE0L2Y01011 |
| IPO Price | ₹42 per share |
| Face Value | ₹10 per share |
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Arham Technologies Limited
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta,
Atal Nagarnava, Raipur - 492015,
Phone: +91 70697 66778
Email: cs@arhamtechnologies.co.in
Website: http://www.arhamtechnologies.co.in/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Arham Technologies IPO is a SME IPO of 2,280,000 equity shares of the face value of ₹10 aggregating up to ₹9.58 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Dec 5, 2022, and closes on Dec 7, 2022.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Arham Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Arham Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Arham Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Arham Technologies IPO opens on Dec 5, 2022 and closes on Dec 7, 2022.
Arham Technologies IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Arham Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Arham Technologies IPO will be done on Dec 12, 2022, and the allotted shares will be credited to your demat account by Dec 14, 2022. Check the Arham Technologies IPO allotment status.
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