Arihant Academy IPO Subscription Details (Live Status)

Arihant Academy IPO Details

IPO Open Dec 16, 2022
IPO Close Dec 21, 2022
IPO Price ₹90
Face Value ₹10
IPO Size ₹14.72 Cr
Listing At NSE SME
Lot Size 1600
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Arihant Academy IPO Subscription Status Live

Arihant Academy IPO subscribed 235.87 times. The public issue subscribed 228.85 times in the retail category, [.] times in QIB, and 242.89 times in the NII category by Dec 21, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers242.89
Retail Investors228.85

Arihant Academy IPO Subscription Details (times)

Day 1
Dec 16, 2022
Day 2
Dec 19, 2022
Day 3
Dec 20, 2022
Day 4
Dec 21, 2022

Arihant Academy IPO Shares Offered

Arihant Academy IPO is a public issue of 1,552,000 equity shares. The issue offers 776,000 shares to retail investors, 0 shares to qualified institutional buyers, and 776,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Arihant Academy IPO Subscription FAQs

The Arihant Academy IPO is subscribed 235.87 by Dec 21, 2022.

Arihant Academy IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional242.89
Retail Individual228.85
Employee Reservations[.]
Total Subscription235.87

Retail category of Arihant Academy IPO subscribed 228.85 times as of date Dec 21, 2022. The public issue closes on 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 235.87 by Dec 21, 2022.

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

The Arihant Academy IPO listing date is Thursday, December 29, 2022. The equity share of Arihant Academy Limited 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 OnDec 16, 2022
IPO Closes OnDec 21, 2022
Finalisation of Basis of AllotmentDec 26, 2022
Initiation of RefundsDec 27, 2022
Credit of Shares to Demat AccountDec 28, 2022
IPO Listing DateDec 29, 2022