Arham Technologies IPO description – The company is engaged in manufacturing of LED Smart Televisions, with different screen sizes under its brand ‘STARSHINE’. It also manufactures Fans, Air Coolers and Mixer Grinders through third party manufacturers under the brand ‘STARSHINE’. The company has network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh.
It also serves under Original Equipment Manufacturer (OEM) business models for LED Televisions. Under the OEM model, it manufactures and supplies products as per the requirements of its customers.
The company is a major beneficiary of the government’s last year move of restricting imports of assembled LED televisions in India. However, raw materials like open cell, Electronic Circuit (Mainboard), Cabinet and Back Light Units (BLU) are imported from China and Hongkong due to pricing and other favourable factors. The company plans to add other products in its portfolio by way of white labelling. However, it plans to keep its focus on sales of Smart Televisions by making schemes and offers centric to Televisions. The company is also setting up a manufacturing facility for Fans at its existing locations.
Promoters of Arham Technologies -Roshan Jain, Ankit Jain, Anekant Jain
Arham Technologies IPO Details
| Arham Technologies IPO Dates | 5 – 7 December 2022 |
| Arham Technologies IPO Price | INR 42 per share |
| Fresh issue | 22,80,000 shares (INR 9.58 crore) |
| Offer For Sale | Nil |
| Total IPO size | 22,80,000 shares (INR 9.58 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 126,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Arham Technologies Financial Performance
| FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 | |
| Revenue | 13.78 | 22.75 | 36.47 | 21.39 |
| Expenses | 13.24 | 20.08 | 33.05 | 19.67 |
| Net income | 0.57 | 2.04 | 3.02 | 1.28 |
Arham Technologies Offer News
- Arham Technologies RHP
- Arham Technologies Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Arham Technologies Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.91 | 3.30 | 4.89 |
| PE ratio | – | – | 8.59 |
| RONW (%) | 27.21 | 49.52 | 42.33 |
| NAV | – | – | 34.63 |
Arham Technologies IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 Dec 2022 | 5 | – | 15,000 |
Arham Technologies IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 11,40,000 | 11,40,000 | 22,80,000 |
| 7 Dec 2022 | 418.27 | 481.79 | 450.03 |
| 6 Dec 2022 | 22.20 | 65.07 | 43.64 |
| 5 Dec 2022 | 0.98 | 4.96 | 2.97 |
Arham Technologies Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor,
Room No. 207, 227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Phone : +91 033 22895101
Email: [email protected]
Website: www.finshoregroup.com
Arham Technologies Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”,
#1, Club House Road,
Chennai – 600 002, Tamil Nadu
Telephone: +91-44-40020700, 28460390
Email: [email protected]
Arham Technologies Contact Details
ARHAM TECHNOLOGIES LIMITED
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta, Atal Nagarnava,
Raipur – 492015, Chhattisgarh
Phone: +91 70697 66778
E-mail: [email protected]
Website: www.arhamtechnologies.co.in
Arham Technologies IPO Allotment Status
Arham Technologies IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo weblink to get allotment status.
Arham Technologies IPO Dates & Listing Performance
| Arham Technologies Offer Opening Date | 5 December 2022 |
| Arham Technologies IPO Closing Date | 7 December 2022 |
| Finalisation of Basis of Allotment | 12 December 2022 |
| Initiation of refunds | 13 December 2022 |
| Transfer of shares to demat accounts | 14 December 2022 |
| Arham Technologies IPO Listing Date | 15 December 2022 |
| Opening Price on NSE SME | INR 60 per share (up 42.86%) |
| Closing Price on NSE SME | INR 63 per share (up 50%) |
Arham Technologies IPO FAQs
What is Arham Technologies offer size?
Arham Technologies offer size is INR 9.58 crore.
What is Arham Technologies IPO Price Band?
Arham Technologies public offer price is INR 42 per share.
What is the lot size of Arham Technologies IPO?
Arham Technologies offer lot size is 3,000 shares.
What is Arham Technologies IPO GMP today?
Arham Technologies IPO GMP today is INR 32 per share.
What is Arham Technologies kostak rate today?
Arham Technologies kostak rate today is NA per application.
What is Arham Technologies Subject to Sauda rate today?
Arham Technologies Subject to Sauda rate today is INR 85,000 per application.
