Comparison between Aarvi Encon IPO and RKEC Projects IPO.
IPO Details
Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while RKEC Projects IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Aarvi Encon IPO is up to ₹20.17 Cr whereas the issue size of the RKEC Projects IPO is up to ₹27.24 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of RKEC Projects IPO is ₹45.00 per share.
| | Aarvi Encon IPO | RKEC Projects IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹54.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 37,36,000 shares | 43,54,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.17 Cr | up to ₹19.59 Cr |
| OFS Issue Size | 0 shares | 17,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.65 Cr |
| Issue Size Total | 37,36,000 shares | 60,54,000 shares |
| Issue Size Total (Amount) | up to ₹20.17 Cr | up to ₹27.24 Cr |
IPO Timetable
Aarvi Encon IPO opens on Sep 21, 2017, while RKEC Projects IPO opens on Sep 25, 2017. The closing date of Aarvi Encon IPO and RKEC Projects IPO is Sep 26, 2017, and Sep 28, 2017, respectively.
Financials & KPIs
Aarvi Encon IPO P/E ratio is , as compared to RKEC Projects IPO P/E ratio of .
Shares Offered
In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in RKEC Projects 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 RKEC Projects IPO.
| | Aarvi Encon IPO | RKEC Projects IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,98,000 shares | 3,24,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 18,68,000 shares | 30,27,000 shares |
| RII | 18,68,000 shares | 30,27,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 37,36,000 shares | 60,54,000 shares |
Bids Received (Subscription)
Aarvi Encon IPO subscribed 1.51x in total, whereas RKEC Projects IPO subscribed 19.15x.
