Detail about the Arham Technologies IPO
- Arham Technologies Limited, which has been in business since 2013, produces LED Smart TVs. The ‘STARSHINE’ trademark represents the company’s line of LED televisions, which come in a variety of screen sizes. Fans, air conditioners, and blenders are all produced by the corporation via contract manufacturers.
- In the LED television industry, Arham Technologies Limited operates as an Original Equipment Manufacturer (“OEM”). The company produces and distributes goods for its clients, who in turn sell them under their own labels.
- Open cells, Electronic Circuits (Mainboard), cabinets, and Back Light Units (BLU) are only some of the raw components that come in from China and Hong Kong. Speaker stands, and other equipments are all bought from Indian companies.
- The corporation has a prime location in India’s first “smart city,” the brand-new Smart City of Raipur. It shares boundaries with seven other states (Odisha, Andhra Pradesh, Telangana, Maharashtra, and Madhya Pradesh). That allows easy access to the markets of Uttar Pradesh and Jharkhand.
ABOUT COMPANY:
- Arham Technologies Ltd. (ATL) is engaged in manufacturing LED Smart Televisions, with different screen sizes under its own brand ‘STARSHINE’. It also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers under the ‘STARSHINE’ brand. ATL has a network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh, and parts of Uttar Pradesh.
- ATL 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 customers, who then further distribute these products under their own brands.
- With a primary focus on quality, ATL has been catering to a number of regional brands in Central India. With serving Original Equipment Manufacturers (OEM), it has adopted a cost-effective pricing strategy that gives the clients an upper hand over other brands.
- The company plans to add other products to its portfolio by way of white labelling, to be a part of a bigger portfolio of products. However, ATL plans to keep the focus on sales of Smart Televisions by making schemes and offers centric on Televisions.
- It is also setting up a manufacturing facility for Fans at existing locations which shall give better margin and control in the supply chain, as the company does not have to depend on other manufacturers for procurement.
Advantages in the Market:
- Team with a lot of experience and skill.
- Stability in an organization.
- Strong customer relationships and a smooth way of doing business.
- The structure of the organization is clear.
- Infrastructure and an integrated manufacturing facility.
- Always work on making something new and different.
- Geography is a plus.
- If you invest in the IT and ES policy of Chhattisgarh, the State Government may give you money or other benefits.
Goals of the Debate
The goal of the issue is to:
A. To meet the needs for working capital
B. To pay for the costs of the issue
C. General Business Goals
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 977.71 | 1379.28 | 56.51 | 164.75 | 1.67 | 730.68 |
| 31-Mar-21 | 1542.22 | 2280.11 | 203.76 | 411.44 | 205.44 | 813.38 |
| 31-Mar-22 | 2314.27 | 3727.37 | 302.01 | 713.44 | 507.44 | 1032.89 |
| 30-Sep-22 | 2657.5 | 2140.06 | 128.37 | 841.81 | 223.81 | 1212.91 |
| Amount in ₹ Lakhs | ||||||
Possible Schedule for the Arham Technologies IPO
The IPO for Arham Technologies starts on December 5, 2022, and ends on December 7, 2022. The bid date for the Arham Technologies IPO is from December 5, 2022, at 10 a.m. to December 7, 2022, at 5 p.m. The last time to confirm a UPI Mandate is at 5 p.m. on the day the issue ends.
| Event | Tentative Date |
|---|---|
| Opening Date | Dec 5, 2022 |
| Closing Date | Dec 7, 2022 |
| Basis of Allotment | Dec 12, 2022 |
| Initiation of Refunds | Dec 13, 2022 |
| Credit of Shares to Demat | Dec 14, 2022 |
| Listing Date | Dec 15, 2022 |
Arham Technologies IPO Date & Price Band Details
| IPO Open: | December 5, 2022 |
| IPO Close: | December 7, 2022 |
| IPO Size: | Approx ₹9.58 Crores, 2,280,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹42 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
Arham Technologies IPO Market Lot
The minimum market lot for the Arham Technologies IPO is 3000 shares, which costs 126,000.
| Minimum IPO Lot Size: | Minimum 3000 shares for 1 lot |
| Minimum Amount: | ₹126,000 for 1 lot |
Arham Technologies IPO Dates
The IPO for Arham Technologies is on December 5, and it ends on December 7. The date of the IPO allotment is December 12, and the date of the IPO listing could be December 15.
| IPO Open Date: | December 5, 2022 |
| IPO Close Date: | December 7, 2022 |
| Basis of Allotment: | December 12, 2022 |
| Refunds: | December 13, 2022 |
| Credit to Demat Account: | December 14, 2022 |
| IPO Listing Date: | December 15, 2022 |
Arham Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹13.79 | ₹13.24 | ₹0.57 |
| 2021 | ₹22.80 | ₹20.08 | ₹2.04 |
| 2022 | ₹37.27 | ₹33.05 | ₹3.02 |
Arham Technologies IPO Valuation – FY2022
Check Arham Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹14.66 per Equity Share |
| Price/Earning P/E Ratio: | 2.86 |
| Return on Net Worth (RoNW): | 42.33% |
| Net Asset Value (NAV): | ₹11.54 per Equity Share (After Bonus) |
Also, Check Out Droneacharya Aerial IPO Review.
Arham Technologies IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Arham Technologies IPO Allotment StatusCheck Arham Technologies IPO allotment status on Cameo website.
Arham Technologies IPO Lead Managers
Finshore Management Services Limited
Company Address
Arham Technologies Limited
Plot No. 15 Electronic Manufacturing Cluster,
Sector 22, Village Tuta,
Atal Nagarnava, Raipur – 492015,
Phone: +91 70697 66778
Email: cs@arhamtechnologies.co.in
Website: http://www.arhamtechnologies.co.in/
Arham Technologies IPO FAQs
1. What is the IPO for Arham Technologies?
The NSE SME IPO for Arham Technologies is an IPO. They will get 9.58 Crores through an IPO. The price of each equity share is set at 42. The IPO will be on the NSE.
2. When will the Arham Technologies IPO start?
On December 5, 2022, NII and retail investors will be able to buy shares in the IPO.
3. What is the Investor’s Portion of the IPO for Arham Technologies?
Investors’ share of NII is 50%, and Retail’s share is also 50%.
4. How to Use the IPO for Arham Technologies?
You can use your bank account to apply online for the Arham Technologies IPO through ASBA. Your stock brokers can also help you apply for ASBA online through UPI. You can also fill out the offline form and send it to your stock broker.
5. How to Apply for the IPO through Zerodha for Arham Technologies?
Sign in to the Console on the website or in the app. Click on IPO in the Portfolio. You will see “Arham Technologies” as the IPO name. Click the “Offer” button. Type in your UPI ID, the amount, and the price. Send in Form IPO Application. Now, you can approve the mandate by going to your UPI app on Net Banking or your BHIM app. Zerodha lets you set up a Demat account.
