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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
Open an Instant Account with Zerodha

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
Employees[.]
Others[.]
Total235.87

Arihant Academy IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Dec 16, 2022
0.761.601.18
Day 2
Dec 19, 2022
3.7921.4012.59
Day 3
Dec 20, 2022
11.9160.4536.18
Day 4
Dec 21, 2022
242.89228.85235.87

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 (%)
NII776,0000.0050.00%
Retail776,0000.0050.00%
Total1,552,0000.00100%

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?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

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[.]
Others[.]
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