ARHAM IPO

Arham Technologies  company is engaged in manufacturing of LED Smart Televisions, with different screen sizes under its brand ‘STARSHINE’. It also manufactures Fans, Air Coolers and Mixer Grinders through third party manufacturers under the brand ‘STARSHINE’. The company has network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh.

It also serves under Original Equipment Manufacturer (OEM) business models for LED Televisions. Under the OEM model, it manufactures and supplies products as per the requirements of its customers.

The company is a major beneficiary of the government’s last year move of restricting imports of assembled LED televisions in India. However, raw materials like open cell, Electronic Circuit (Mainboard), Cabinet and Back Light Units (BLU) are imported from China and Hongkong due to pricing and other favourable factors. The company plans to add other products in its portfolio by way of white labelling. However, it plans to keep its focus on sales of Smart Televisions by making schemes and offers centric to Televisions. The company is also setting up a manufacturing facility for Fans at its existing locations.