Last Updated on February 13, 2024 by BFSLTeam BFSLTeam
The allotment status of an IPO provides us with all the relevant information regarding the number of shares allotted to each investor in an Initial Public Offering (IPO). The registrar of an IPO is responsible for carrying out the allotment process. It manages everything from verifying IPO applications to assigning shares to investors.
Likewise, Aarthi Consultants is the leading registrar and transfer agent in India. It holds the fifth rank for handling the maximum number of equity public issues in a year, being a registrar to the issue. The company, moreover, has a history of handling more than 75 public issues.
Read along to learn more about Aarthi Consultants Private Limited, its latest IPOs, and the services they offer in detail.
Also Read: Rays Power Infra Limited IPO Details
About Aarthi Consultants Pvt Ltd
Aarthi Consultants, incorporated in 1992, is a private limited company involved in the capital market. The two main directors of the company are Tirumala Gudimella Satyanarayana Sreemath and Venkatarama Rao Boinepally. The company is registered with the Securities and Exchange Board of India (SEBI) as a Category I Registrar to Issue and Share Transfer Agents.
Aarthi Consultants Private Limited has an in-house team of fully trained and experienced professionals. It has a 10,000+ square feet state-of-the-art facility located in Hyderabad. The authorised share capital of the company is Rs. 6,000,000 and paid-up capital is Rs. 3,250,000. The main services offered by this company include legal, accounting, auditing activities and book-keeping, tax consultancy, public opinion polling, and more.
Here is a detailed overview of the address and contact details of Aarthi Consultants Pvt Ltd:
| Address | Contact Details |
| Aarthi Consultants Private Limited, 1-2-285, Domalguda, | Website: http://www.aarthiconsultants.in/ Email: info@aarthiconsultants.com |
| Hyderabad – 500029 | Phone: +91-40-27638111 Fax: +91-40-27632184 |
List of IPOs by Aarthi Consultants Pvt Ltd.
Here is the list of latest IPOs provided by Aarthi Consultants Private Limited:
| Issuer Company | Exchange | Issue Open |
| Nu Tek India Limited IPO | BSE, NSE | Jul 29, 2008 |
| Aries Agro Limited IPO | BSE, NSE | Dec 14, 2007 |
| Saamya Biotech India Ltd IPO | BSE | Sep 25, 2007 |
| SMS Pharmaceuticals Limited IPO | BSE, NSE | Feb 05, 2007 |
| Pochiraju Industries Limited IPO | BSE, NSE | Jan 15, 2007 |
Services Offered by Aarthi Consultants Pvt Ltd.
The following is the list of services that Aarthi Consultants Private Limited offers to its investors:
Registrar and Transfer Agents for Shares, Debentures and Bonds:
1) Public, rights or preferential issues
2) Distribution of annual reports and other communique
3) Processing and distribution of interest/dividend warrants
4) Transfer processing
5) Customer, query handling and correspondence
6) Split, subdivision or consolidation of certificates
Share Depository-Related Services:
1) Electronic connectivity with NSDL or CDSL
2) Inter-depository transfers
3) Transmission of information to clients through preferred media
4) Dematerialisation or Rematerialisation
Other Services:
1) Qualified Institutions Placement (QIP)
2) Open offers
3) Special projects, including:
4) Mergers & de-mergers
5) Retention & retrieval of physical and/or electronic records
6) Bulk processing & printing
7) Redemption of debentures/bonds
Assisting Client Companies in Conducting:
1) AGM or EGM
2) Poll-related activities
3) Postal ballot
To conclude, Aarthi Consultants Private Limited is operating successfully with a well-versed team and in-house developed software. As per the records set by the Ministry of Corporate Affairs (MCA), the balance sheet of the company was last filed on 31st March 2021.
If you have any queries regarding the IPO application or are deciding to invest, feel free to contact the respective customer care with the stated queries and get them resolved at the earliest.
Frequently Asked Questions
Is the luck draw involved in the IPO allotment process fair?
During the luck draw of IPO allotment, there is no chance of partiality to take place as the entire process of application takes place online through a computerised draw. As such, it is a completely fair process as every investor has an equal chance of winning their placed bid.
When can I check your IPO allotment status?
You can check your IPO allotment status within a week of the closing date of a public issue. It is the responsibility of the IPO registrar to announce allotment details.
Where can I check the IPO allotment status?
IPO allotment status can be checked on the IPO registrar’s website as well as on the websites of BSE and NSE.
Why is an IPO issued?
There are several reasons for a company to conduct an IPO. However, the first and foremost reason remains to raise capital. The other reasons can be raising capital for business expansion or loan repayment.
