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

Arham Technologies Limited serve 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) are 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.

Competitive Strengths:

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

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
Amount in ₹ Lakhs

Objects of the Issue

The Objects of the Issue are:

A. To meet the working capital requirements

B. To meet the Issue Expenses

C. General Corporate Purposes

Arham Technologies IPO Details

IPO Date Dec 5, 2022 to Dec 7, 2022
Listing Date [.]
Face Value ₹10 per share
Price ₹42 per share
Lot Size 3000 Shares
Issue Size 2,280,000 shares of ₹10
(aggregating up to ₹9.58 Cr)
Fresh Issue 2,280,000 shares of ₹10
(aggregating up to ₹9.58 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer
Company Promoters Mr. Roshan Jain, Mr. Ankit Jain, and Mr. Anekant Jain are the company promoters.

Arham Technologies IPO Tentative Timetable

Arham Technologies IPO opens on Dec 5, 2022, and closes on Dec 7, 2022. The Arham Technologies IPO bid date is from Dec 5, 2022 10.00 A.M. to Dec 7, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

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 Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 3000 ₹126,000
Retail (Max) 1 3000 ₹126,000
S-HNI (Min) 2 6,000 ₹252,000

Arham Technologies IPO Promoter Holding

Pre Issue Share Holding 100.00%
Post Issue Share Holding 73.05%

Arham Technologies IPO Prospectus

Company Contact Information

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
Websitehttp://www.arhamtechnologies.co.in/

Arham Technologies IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Websitehttps://ipo.cameoindia.com/