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Aarvi Encon IPO vs Mehai Technology IPO

Comparison between Aarvi Encon IPO and Mehai Technology IPO.

IPO Details

Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Mehai Technology IPO is a SME Fixed Price proposed to list at BSE SME.

 Aarvi Encon IPOMehai Technology IPO
LogoAarvi Encon IPO LogoMehai Technology IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.SPA Capital Advisors Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerNNM Securities Pvt.Ltd.Guiness Securities 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 Mehai Technology IPO is up to ₹5.69 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Mehai Technology IPO is ₹40.00 per share.

 Aarvi Encon IPOMehai Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹54.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size37,36,000 shares14,22,000 shares
Fresh Issue Size (Amount)up to ₹20.17 Crup to ₹5.69 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,36,000 shares14,22,000 shares
Issue Size Total (Amount)up to ₹20.17 Crup to ₹5.69 Cr

IPO Timetable

Aarvi Encon IPO opens on Sep 21, 2017, while Mehai Technology IPO opens on Sep 25, 2017. The closing date of Aarvi Encon IPO and Mehai Technology IPO is Sep 26, 2017, and Sep 28, 2017, respectively.

 Aarvi Encon IPOMehai Technology IPO
Issue OpenSep 21, 2017Sep 25, 2017
Issue CloseSep 26, 2017Sep 28, 2017
Basis Of Allotment (Tentative)Sep 29, 2017Oct 04, 2017
Listing date (Tentative)Oct 05, 2017Oct 09, 2017

Financials & KPIs

Aarvi Encon IPO P/E ratio is , as compared to Mehai Technology IPO P/E ratio of .

 Aarvi Encon IPOMehai Technology 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)

Period Ended30 Apr 201731 Mar 201731 Mar 201631 Mar 2015
Assets10.328.510.960.55
Total Income0.295.221.240.62
Profit After Tax0.040.310.010.01
NET Worth6.400.420.110.09
Reserves and Surplus5.170.330.030.01
Total Borrowing0.253.25
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%99.95%
Promoter Shareholding (Post-Issue)73.39%71.95%
Market Cap₹79.83 Cr.₹21.42 Cr.

Shares Offered

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

 Aarvi Encon IPOMehai Technology IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares78,000 shares
QIB0 shares0 shares
NII18,68,000 shares7,11,000 shares
RII18,68,000 shares7,11,000 shares
Employee0 shares0 shares
Total37,36,000 shares14,22,000 shares

Bids Received (Subscription)

Aarvi Encon IPO subscribed 1.51x in total, whereas Mehai Technology IPO subscribed 1.73x.

 Aarvi Encon IPOMehai Technology IPO
NII (times)2.41x0.86x
RII (times)0.61x2.60x
Total (times)1.51x1.73x

Compare with others

Aarvi Encon IPOMehai Technology IPO
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Compare:

Aarvi Encon IPO Vs Mehai Technology IPO