| Registered Office: Gr.Fr Triveni Sadan No3 Bori(E,Opp Ambe Mata Temple Carter Rd,Mumbai-400066, Maharashtra |
| Tel. No: 91-99207 81706 |
| Fax No: |
| Email: investors@arihantacademy.com |
| Website: www.arihantacademy.com |
| Initial public offering of 16,35,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Arihant Academy Limited ("Arihant" or The "Company" or "The Issuer") for cash at a price of Rs. 90/- per equity share (including a premium of Rs. 80/- per equity share) ("Issue Price") aggregating Rs. 14.72 crores ("The Issue") of which 83,200 equity shares aggregating to Rs. 0.75 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 15,52,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 90/- per equity share aggregating to Rs. 13.97 crores ("Net Issue"). The issue and the net issue will constitute 27.00% and 25.63% of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the issue price is 9.0 times of the face value.
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