- Date : 01/12/2022
- Read: 2 mins
Guide to Arham Technologies IPO
The IPO market is abuzz with Arham Technologies IPO, which will open on 5th December. It will be the latest IPO in a slew of IPOs launching over the last couple of months. Before you invest in the IPO, here’s a look at the details of the company and the IPO so that you can make an informed decision.
IPO details
Related - Find out the different types of IPO investors and the meaning of each
About Arham Technologies
Arham Technologies is into electronic manufacturing, specialising in Smart LED TVs manufactured under its brand name ‘STARSHINE’. Besides TVs, Arham Technologies is in the business of mixer grinders, coolers and fans manufactured through third-party manufacturers.
Arham Technologies is located in Raipur, Chhattisgarh.
Financials of Arham Technologies
Here’s a look at the main financial details of Arham Technologies over the last couple of years (Source: https://www.chittorgarh.com/ipo/arham-technologies-ipo/1343/ )
Other IPO details
The funds raised from the IPO are intended for use in the company’s working capital needs, paying off the IPO expenses and for other general corporate uses.
The company's promoters are Mr Roshan Jain, Mr Anekant Jain and Mr Ankit Jain. Cameo Corporate Services Limited is the Registrar of the IPO, while Finshore Management Services Limited is the lead manager.
So, check out the IPO details before you subscribe to it. If you want to add SME stock to your portfolio, the Arham Technologies IPO can be a suitable choice. But keep your risk appetite in mind when applying.
Related - Here's what grey market premium (GMP) is all about in the IPO market
