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Company Information

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ARIHANT ACADEMY LTD.

21 November 2024 | 12:00

Industry >> Education - Coaching/Study Material/Others

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ISIN No INE0NCC01015 BSE Code / NSE Code / Book Value (Rs.) 35.01 Face Value 10.00
Bookclosure 07/09/2023 52Week High 235 EPS 2.56 P/E 78.68
Market Cap. 121.77 Cr. 52Week Low 115 P/BV / Div Yield (%) 5.74 / 0.00 Market Lot 800.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated under the name "India Tutorials Private Limited" under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Mumbai, Maharashtra on October 30, 2007. Subsequently, the name of our Company was changed to "Arihant Academy Private Limited" via Shareholders' Resolution dated September 18, 2012 pursuant to which fresh Certificate of Incorporation dated October 31, 2012 was issued by Registrar of Companies, Mumbai, Maharashtra. Consequently, the status of the Company was changed to public limited and the name of our Company was changed to "Arihant Academy Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on September 09, 2022. The fresh certificate of incorporation consequent to conversion was issued on September 19, 2022 by the Registrar of Companies, Mumbai, Maharashtra. The Corporate Identification Number of our Company is U80903MH2007PLC175500.

MAJOR EVENTS:
2007
Incorporation of our company under the name "India Tutorials Private Limited"

2009
Our company acquired the business of M/s. Arihant Academy, partnership firm having 8 centres

2010
Our company launched 5 new centres in Western Suburbs in Mumbai

2011
-Our company launched coaching for XI, XII, JEE, MHT-CET & NEET in Science stream and FYJC & SYJC in Commerce stream
-Mr. Anil Suresh Kapasi, Mr. Umesh Anand Pangam, Mr. Amit Prakash Chandra Mehrotra, and Mr. Santosh Pandurang Shinde took over the control and management of our company from Mr. Jitendra Kantilal Shah and Ms. Poornima Jitendra Shah vide Share Purchase Agreement

2012
Name changed to "Arihant Academy Private Limited"

2014
Launched a centre at a prime location in Ashokvan, Dahisar East. Launched coaching for Professional Courses like Chartered Accountancy Level-I known as CAFC and Company Secretary Level-I known as CSEET

2015
Launched Chartered Accountancy Level-II named as Chartered Accountancy Intermediate and Company Secretary Level-II named as Company Secretary Executive.

2018
Launched coaching for grade 8th, 9th & 10th ICSE board. Also launched a dedicated centre for professional courses and junior college for commerce stream in Borivali West

2020
First institute in Mumbai to conduct live online lectures during pandemic. Crossed successful coaching of over 1,00,000 students

2021
Launched a centre at a prime location in I.C. Colony, Borivali West

2022
Converted to Public Limited Company and Name changed to "Arihant Academy Limited"

2023 -Arihant Academy Limited has purchased of business Assets to expand theexisting setup of education Center at Mira Road location'.