Aarvi Encon IPO vs Cadsys IPO

Comparison between Aarvi Encon IPO and Cadsys IPO.

IPO Details

Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Cadsys 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 Cadsys IPO is up to ₹13.94 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Cadsys IPO is ₹70.00 per share.

 Aarvi Encon IPOCadsys IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹54.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,36,000 shares19,92,000 shares
Fresh Issue Size (Amount)up to ₹20.17 Crup to ₹13.94 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,36,000 shares19,92,000 shares
Issue Size Total (Amount)up to ₹20.17 Crup to ₹13.94 Cr

IPO Timetable

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

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

Financials & KPIs

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

 Aarvi Encon IPOCadsys 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 Ended31 Mar 201731 Mar 201631 Mar 2015
Assets41.9427.8822.96
Total Income28.3331.5523.15
Profit After Tax2.685.604.41
NET Worth21.1318.4513.11
Reserves and Surplus15.7317.3712.03
Total Borrowing12.293.683.39
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%65.84%
Promoter Shareholding (Post-Issue)73.39%47.41%
Market Cap₹79.83 Cr.₹52.52 Cr.

Shares Offered

In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Cadsys 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 Cadsys IPO.

 Aarvi Encon IPOCadsys IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares1,08,000 shares
QIB0 shares0 shares
NII18,68,000 shares9,96,000 shares
RII18,68,000 shares9,96,000 shares
Employee0 shares0 shares
Total37,36,000 shares19,92,000 shares

Bids Received (Subscription)

Aarvi Encon IPO subscribed 1.51x in total, whereas Cadsys IPO subscribed 3.17x.

 Aarvi Encon IPOCadsys IPO
NII (times)2.41x2.05x
RII (times)0.61x4.28x
Total (times)1.51x3.17x

Compare with others

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Aarvi Encon IPO Vs Cadsys IPO