| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹9.58 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹9.58 Cr |
| Fresh Issue | ₹9.10 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹42.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ARHAM |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements | 8.34 |
| 2 | General Corporate Purposes | 0.75 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 26.58 | 23.14 | 15.42 | 9.78 |
| Total Income | 21.40 | 37.27 | 22.80 | 13.79 |
| Profit After Tax | 1.28 | 3.02 | 2.04 | 0.57 |
| NET Worth | 8.42 | 7.13 | 4.11 | 1.65 |
| Reserves and Surplus | 2.24 | 5.07 | 2.05 | 0.02 |
| Total Borrowing | 12.13 | 10.33 | 8.13 | 7.31 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2022 |
|---|---|
| ROE | 147% |
| ROCE | 48% |
| Debt / Equity | 2.24% |
| RoNW | 42.33% |
| PAT Margin | 8.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.89 | |
| P/E (x) | 13.82 | |
| Promoter Holding | 100.00% | 73.05% |
| Market Cap | ₹35.53 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including other intermediaries Fees | 0.25 |
| 2 | Regulators Including Stock Exchanges | 0.15 |
| 3 | Advertising and Marketing Expenses | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.04 |
Last Updated on 13-May-2026 10:31:39