Arham Technologies IPO

Arham Technologies IPO

Arham Technologies IPO will open for subscription from 05 December 2022. the company aims for an issue size of  ₹9.58 Cr through this IPO.

Arham Technologies Limited

Incorporated in 2013, Arham Technologies Limited is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand ‘STARSHINE’. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.

Arham Technologies Limited serves under Original Equipment Manufacturer (“OEM”) business models for LED Televisions. The company manufacture and supplies products as per the requirements of the customers, who then further distribute these products under their brands.

Raw materials like open cells, Electronic Circuits (Mainboard), cabinets, and Back Light Units (BLU) is imported from China and Hongkong. Other accessories i.e. Speakers, Stands, etc. are procured from domestic suppliers in India. The company is strategically located in the new Smart City of Raipur, one of India’s very first smart cities. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh, and Jharkhand which gives direct market access to these states.

Basic details about the company

Full nameArham Technologies Limited
SectorConsumer Durables
IndustryConsumer Durables – Electronics
Company Website

Objects of the Issue

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

Major Competitive strengths

  • Constant focus on developing new and innovative products.
  • Well-defined organizational structure and Organizational stability.
  • Strong team with experience and expertise.
  • Smooth flow of operations & Strong customer relationships.
  • Constant focus on developing new and innovative products.
  • Geographical Advantage.
  • Infrastructure and Integrated Manufacturing Facility.
  • Eligible for incentives from State Government for investing under IT & ES policy of Chhattisgarh.

Dates to remember

IPO Opening date05 December 2022
IPO Closing07 December 2022
Basis of Allotment12 December 2022
Initiation Refund13 December 2022
Credit to Demat Account14 December 2022
Listing Date15 December 2022

Arham Technologies IPO Details

IPO DateDec 5, 2022 to Dec 7, 2022
Face Value₹10 per share
Price₹42 per share
Lot Size3000 Shares
Issue Size2,280,000 shares of ₹10
(aggregating up to ₹9.58 Cr)
Fresh Issue2,280,000 shares of ₹10
(aggregating up to ₹9.58 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME

Arham Technologies IPO Lot Size

Retail (Min)13000₹126,000
Retail (Max)13000₹126,000

Reservation Details

NII (HNI) Shares Offered50%
Retail Shares Offered50%

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
(Amount in ₹ Lakhs)

Company Promoters

  • Mr. Roshan Jain
  • Mr. Ankit Jain
  • Mr. Anekant Jain

Arham Technologies IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.05%

Lead Manager(s)

  • Finshore Management Services Limited

Arham Technologies IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390

Company Contact Information

Arham Technologies Limited
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta,
Atal Nagarnava, Raipur – 492015,
Phone: +91 70697 66778

Final thoughts

Arham Technologies IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

Leave a Comment

Your email address will not be published. Required fields are marked *