Aarvi Encon IPO vs Goldstar Power IPO

Comparison between Aarvi Encon IPO and Goldstar Power IPO.

IPO Details

Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Goldstar Power 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 Goldstar Power IPO is up to ₹6.87 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Goldstar Power IPO is ₹25.00 per share.

 Aarvi Encon IPOGoldstar Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹54.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares6000 shares
Fresh Issue Size37,36,000 shares27,48,000 shares
Fresh Issue Size (Amount)up to ₹20.17 Crup to ₹6.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,36,000 shares27,48,000 shares
Issue Size Total (Amount)up to ₹20.17 Crup to ₹6.87 Cr

IPO Timetable

Aarvi Encon IPO opens on Sep 21, 2017, while Goldstar Power IPO opens on Sep 27, 2017. The closing date of Aarvi Encon IPO and Goldstar Power IPO is Sep 26, 2017, and Sep 29, 2017, respectively.

 Aarvi Encon IPOGoldstar Power IPO
Issue OpenSep 21, 2017Sep 27, 2017
Issue CloseSep 26, 2017Sep 29, 2017
Basis Of Allotment (Tentative)Sep 29, 2017Oct 05, 2017
Listing date (Tentative)Oct 05, 2017Oct 10, 2017

Financials & KPIs

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

 Aarvi Encon IPOGoldstar Power 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
Assets33.7233.5438.09
Total Income54.9740.5141.30
Profit After Tax0.91-0.39-0.66
NET Worth11.4810.5710.96
Reserves and Surplus10.189.279.66
Total Borrowing12.2013.2814.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%100.00%
Promoter Shareholding (Post-Issue)73.39%72.91%
Market Cap₹79.83 Cr.₹26.75 Cr.

Shares Offered

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

 Aarvi Encon IPOGoldstar Power IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares1,50,000 shares
QIB0 shares0 shares
NII18,68,000 shares13,74,000 shares
RII18,68,000 shares13,74,000 shares
Employee0 shares0 shares
Total37,36,000 shares27,48,000 shares

Bids Received (Subscription)

Aarvi Encon IPO subscribed 1.51x in total, whereas Goldstar Power IPO subscribed 1.41x.

 Aarvi Encon IPOGoldstar Power IPO
NII (times)2.41x2.14x
RII (times)0.61x0.69x
Total (times)1.51x1.41x

Compare with others

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Aarvi Encon IPO Vs Goldstar Power IPO