Gujarat, India.
Public issue of 25,00,000 equity shares of face value of (₹) 10/- each of Arihant Institute Limited ("The Company" or "The Issuer") for cash at a price of (₹) 30/- per equity share (including a share premium of (₹) 20/- per equity share) ("Issue Price") aggregating to (₹) 7.50 crores ("The Issue"), of which 1,32,000 equity shares of face value of (₹) 10/- each for a cash price of (₹) (₹) 30/- per equity share, aggregating to (₹) 0.40 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion")- the issue less the market maker reservation portion i e. Issue of 23,68,000 equity shares of face value of (₹) 10/- each at an issue price of (₹) 30/-per equity share aggregating to (₹) 7.10 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.58% and 25.18%, respectively of the post issue paid up equity share capital of the company.
The Face value of the equity shares is (₹) 10 each and th issue price is (₹) 30/-. The Issue price is 3 times of the face value.
Minimum Application for shares in Nos :
4000
Further Multiples of :
4000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
7.50
Monarch Networth Capital Ltd