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Arham Technologies IPO GMP, Price, Dates & Allotment Details 2022

Arham Technologies IPO GMP, Price, Dates & Allotment Details 2022

Arham Technologies IPO opens on December 5 and closes on December 7, 2022, According to the DRHP filed in SEBI, the company is planning to issue 2,280,000 shares of ₹ 10 each, aggregating up to ₹ 9.58 crore through this public issue.

2013 incorporation Under the “STARSHINE” brand, Arham Technologies Limited produces LED smart televisions with various screen sizes. Under the name “STARSHINE,” the business also produces fans, air coolers, and mixer grinders through outside manufacturers.

Throughout Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh, and some of Uttar Pradesh, the company has a network of dealers and distributors.

For LED televisions, Arham Technologies Limited also provides services under the Original Equipment Manufacturer (“OEM”) business model. According to the OEM model, businesses produce and provide goods in accordance with the needs of their clients, who then market and sell them under their own names.

Objects of the Issue

The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

  • To meet the working capital requirements
  • To meet the Issue Expenses
  • General Corporate Purposes

Financial Highlights (Restated)

ParticularsFY 2021-22FY 2020-21FY 2019-20
Total Assets2314.271542.22977.71
Net Worth713.44411.44164.75
Total Revenue3727.372280.111379.28
Profit After Tax302.01203.7656.51
Total Borrowing1032.89813.38730.68
(All figures in ₹ Lakhs, unless mentioned otherwise)

Arham Technologies IPO – Details

According to the DRHP filed in SEBI, company are planning to issue 2,280,000 shares of ₹ 10 each, aggregate up to ₹ 9.58 crore through this public issue.

Issue TypeFixed Price Issue IPO
IPO Price₹ 42 per share
Face Value₹ 10 per share
Market Lot3,000 shares
Issue Size2,280,000 shares of ₹ 10 (Aggregating up to ₹ 9.58 Crore)
Fresh Issue2,280,000 shares of ₹ 10 (Aggregating up to ₹ 9.58 Crore)
NII (HNI) Shares Offered  50% of the Net Offer
Retail Shares Offered50% of the Net Offer
Listing AtNSE SME
PromotersMr. Roshan Jain Mr. Ankit Jain Mr. Anekant Jain  

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GMP Live – Arham Technologies IPO

Arham Technologies IPO GMP Or Grey Market Premium are available here. The SME IPO GMP Premium updated day by day for IPOs running period and the GMP rates fluctuated and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for live GMP.

Important Date – Arham Technologies IPO

IPO Opening onDec 5, 2022
IPO Closing onDec 7, 2022
Basis of Allotment Publication DateDec 12, 2022
Initiation of RefundDec 13, 2022
Credit of the Shares to Demat AccountDec 14, 2022
IPO listingDec 15, 2022

Lot Size – Arham Technologies IPO

The Arham Technologies IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots i.e 3000 shares of ₹ 126,000.

ApplicationsLotsSharesAmount
Retail (Min)13,000₹ 1,26,000
Retail (Max)13,000₹ 1,26,000

Promoter Holding – Arham Technologies IPO

Pre issue shareholding100%
Post issue shareholding73.05%

SWOT Analysis – Arham Technologies IPO

STRENGTH

  1. Strong team with experience and expertise.
  2. Organization stability.
  3. Smooth flow of operations & Strong customer relationship.
  4. Well-defined organizational structure.
  5. Infrastructure and Integrated Manufacturing Facility.
  6. Constant focus on developing new and innovative products.

WEAKNESS

  1. The company is highly dependent on the sale of LED TVs [Starshine Brand] and its business is exposed to risks related to product concentration.
  2. A portion of the Company’s revenues has been dependent upon a few customers. The loss of any one or more of its major customers would have a material adverse effect on its business.
  3. High working capital requirement

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OPPORTUNITY

  1. Indian appliances and consumer electronics industry stood at US$ 9.84 billion in 2021, and is expected to more than double to reach Rs. 1.48 lakh crore (US$ 21.18 billion) by 2025.
  2. With growing E- Commerce market, company have tremendous opportunity for D2C market, which will increase its profitability as margins of the channel will be saved through technology and he can cater to direct enquiries of consumers.
  3. With a big brand void in consumer electronics Indian brand, company have a great opportunity to fill the space of various renowned brands.

THREAT

  1. Unexpected government policies are a big threat to business.
  2. Competition from organized and un-organized players.
  3. Change in technologies.

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationArham Technologies Limited
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta, Atal Nagarnava, Raipur – 492015,
Phone: +91 70697 66778
Email: [email protected]
Website: http://www.arhamtechnologies.co.in/
IPO RegistrarCameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
IPO Lead Manager(s)Finshore Management Services Limited

FAQ’s

One lot of Arham Technologies Limited IPO contains 3000 shares.

The minimum investment size is one lot for retail investors.

The finalization of Basis of Allotment for Arham Technologies Limited IPO will be done on December 12, 2022, and the allotted shares will be credited to your demat account by December 14, 2022. Check the Arham Technologies Limited IPO allotment status.

Customers need to log in to their accounts to check Arham Technologies Limited IPO allotment status.

When checking the allotment status, keep your application, DP ID, and PAN number ready.

Retail investors may apply for the IPO using UPI or Demat.

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI ID with your Demat account.
  • Subscribe for IPO and approve the payment on your UPI ID.

Demat

  • If you are a new investor then open your Demat account with any stock broker or with your Banks.

The Arham Technologies Limited IPO shares listing date is December 15, 2022.

The investors’ portion for NII (HNI) – 50%, and Retail – 50%.

Listing gain is the difference between the IPO's opening and offer prices.

The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.

Login to your UPI handle and approve the payment mandate to complete the IPO application process.

Click here for more FAQs.

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