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Aarvi Encon IPO vs Jash Engineering IPO

Comparison between Aarvi Encon IPO and Jash Engineering IPO.

IPO Details

Aarvi Encon IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jash Engineering IPO is a SME Bookbuilding proposed to list at NSE SME.

 Aarvi Encon IPOJash Engineering IPO
LogoAarvi Encon IPO LogoJash Engineering IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.Systematix Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Systematix Shares & Stocks (India) Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Aarvi Encon IPO is up to ₹20.17 Cr whereas the issue size of the Jash Engineering IPO is up to ₹45.60 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Jash Engineering IPO is ₹120.00 per share.

 Aarvi Encon IPOJash Engineering IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹54.00 per share₹120.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares1200 shares
Fresh Issue Size37,36,000 shares20,60,798 shares
Fresh Issue Size (Amount)up to ₹20.17 Crup to ₹24.73 Cr
OFS Issue Size0 shares17,39,602 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹20.88 Cr
Issue Size Total37,36,000 shares38,00,400 shares
Issue Size Total (Amount)up to ₹20.17 Crup to ₹45.60 Cr

IPO Timetable

Aarvi Encon IPO opens on Sep 21, 2017, while Jash Engineering IPO opens on Sep 28, 2017. The closing date of Aarvi Encon IPO and Jash Engineering IPO is Sep 26, 2017, and Oct 03, 2017, respectively.

 Aarvi Encon IPOJash Engineering IPO
Issue OpenSep 21, 2017Sep 28, 2017
Issue CloseSep 26, 2017Oct 03, 2017
Basis Of Allotment (Tentative)Sep 29, 2017Oct 06, 2017
Listing date (Tentative)Oct 05, 2017Oct 11, 2017

Financials & KPIs

Aarvi Encon IPO P/E ratio is , as compared to Jash Engineering IPO P/E ratio of .

 Aarvi Encon IPOJash Engineering IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets63.9950.9651.35
Total Income146.52109.86114.63
Profit After Tax3.512.746.42
NET Worth33.2030.0628.80
Reserves and Surplus30.1026.9625.70
Total Borrowing13.108.428.03
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets182.49161.35157.44
Total Income147.83113.05112.01
Profit After Tax10.518.757.83
NET Worth89.3481.0274.06
Reserves and Surplus79.7671.4564.49
Total Borrowing39.9041.0833.52
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%30.09%
Promoter Shareholding (Post-Issue)73.39%23.34%
Market Cap₹79.83 Cr.₹142.04 Cr.

Shares Offered

In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Jash Engineering IPO retail investors are offered 18,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aarvi Encon IPO and 18,99,600 shares in Jash Engineering IPO.

 Aarvi Encon IPOJash Engineering IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares2,00,400 shares
QIB0 shares18,99,600 shares
NII18,68,000 shares5,70,000 shares
RII18,68,000 shares13,30,800 shares
Employee0 shares0 shares
Total37,36,000 shares38,00,400 shares

Bids Received (Subscription)

Aarvi Encon IPO subscribed 1.51x in total, whereas Jash Engineering IPO subscribed 4.92x.

 Aarvi Encon IPOJash Engineering IPO
QIB (times)2.70x
NII (times)2.41x18.83x
RII (times)0.61x2.12x
Total (times)1.51x4.92x

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Compare:

Aarvi Encon IPO Vs Jash Engineering IPO