ARHAM TECHNOLOGIES LTD (NSE SME)

Dec 5, 2022 - Dec 7, 2022

Premium	₹27
Price	₹42 - ₹42
Lot size	3000
Allotment	Dec 12, 2022
Listing	Dec 15, 2022

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	3000	126000	0
HNI	2	6000	252000	0

Investor Category	Subscription (times)
Qualified Institutions	[.]
Non-Institutional Buyers	417.59
Retail Investors	467.99
Employees	[.]
Others	[.]
Total	442.79

About

IPO SIZE 9.57 cr.

Retail Lots 361

LM FINAHORE

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

Arham Technologies Limited Financial Information (Restated)
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

Lead Manager(s)

Strength

Weakness

Registrar

Cameo Corporate Services Limited

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