Comparison between Aarvi Encon IPO and Jash Engineering IPO.
IPO Details
Aarvi Encon IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Jash Engineering IPO is a SME Bookbuilding 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 Jash Engineering IPO is up to ₹45.60 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Jash Engineering IPO is ₹120.00 per share.
| | Aarvi Encon IPO | Jash Engineering IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹115.00 per share |
| Issue Price (Upper) | | ₹120.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 37,36,000 shares | 20,60,798 shares |
| Fresh Issue Size (Amount) | up to ₹20.17 Cr | up to ₹24.73 Cr |
| OFS Issue Size | 0 shares | 17,39,602 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹20.88 Cr |
| Issue Size Total | 37,36,000 shares | 38,00,400 shares |
| Issue Size Total (Amount) | up to ₹20.17 Cr | up to ₹45.60 Cr |
IPO Timetable
Aarvi Encon IPO opens on Sep 21, 2017, while Jash Engineering IPO opens on Sep 28, 2017. The closing date of Aarvi Encon IPO and Jash Engineering IPO is Sep 26, 2017, and Oct 03, 2017, respectively.
Financials & KPIs
Aarvi Encon IPO P/E ratio is , as compared to Jash Engineering IPO P/E ratio of .
Shares Offered
In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Jash Engineering IPO retail investors are offered 18,68,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Aarvi Encon IPO and 18,99,600 shares in Jash Engineering IPO.
| | Aarvi Encon IPO | Jash Engineering IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,98,000 shares | 2,00,400 shares |
| QIB | 0 shares | 18,99,600 shares |
| NII | 18,68,000 shares | 5,70,000 shares |
| RII | 18,68,000 shares | 13,30,800 shares |
| Employee | 0 shares | 0 shares |
| Total | 37,36,000 shares | 38,00,400 shares |
Bids Received (Subscription)
Aarvi Encon IPO subscribed 1.51x in total, whereas Jash Engineering IPO subscribed 4.92x.
