Comparison between Aarvi Encon IPO and Reliable Data Services IPO.
Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Reliable Data Services IPO is a SME Fixed Price proposed to list at NSE SME.
| Aarvi Encon IPO | Reliable Data Services IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Swastika Investmart Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Beeline Broking Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aarvi Encon IPO is up to ₹20.17 Cr whereas the issue size of the Reliable Data Services IPO is up to ₹14.02 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Reliable Data Services IPO is ₹57.00 per share.
| Aarvi Encon IPO | Reliable Data Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹54.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 37,36,000 shares | 24,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.17 Cr | up to ₹14.02 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 37,36,000 shares | 24,60,000 shares |
| Issue Size Total (Amount) | up to ₹20.17 Cr | up to ₹14.02 Cr |
Aarvi Encon IPO opens on Sep 21, 2017, while Reliable Data Services IPO opens on Sep 27, 2017. The closing date of Aarvi Encon IPO and Reliable Data Services IPO is Sep 26, 2017, and Oct 03, 2017, respectively.
| Aarvi Encon IPO | Reliable Data Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2017 | Sep 27, 2017 |
| Issue Close | Sep 26, 2017 | Oct 03, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 11, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aarvi Encon IPO P/E ratio is , as compared to Reliable Data Services IPO P/E ratio of 30.
| Aarvi Encon IPO | Reliable Data Services IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | 30 | |||||
| Market Cap | ₹79.83 Cr. | ₹49.02 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Reliable Data Services IPO retail investors are offered 18,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Aarvi Encon IPO and in Reliable Data Services IPO.
| Aarvi Encon IPO | Reliable Data Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,98,000 shares | 1,40,000 shares |
| QIB | ||
| NII | 18,68,000 shares | 12,30,000 shares |
| RII | 18,68,000 shares | 12,30,000 shares |
| Employee | ||
| Others | ||
| Total | 37,36,000 shares | 24,60,000 shares |
Aarvi Encon IPO subscribed 1.51x in total, whereas Reliable Data Services IPO subscribed 47.65x.
| Aarvi Encon IPO | Reliable Data Services IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.41x | 81.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.61x | 13.57x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.51x | 47.65x |
