Aarvi Encon IPO vs Reliable Data Services IPO

Comparison between Aarvi Encon IPO and Reliable Data Services IPO.

IPO Details

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.

Issue Size and Price

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 IPOReliable Data Services IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹54.00 per share₹57.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares2000 shares
Fresh Issue Size37,36,000 shares24,60,000 shares
Fresh Issue Size (Amount)up to ₹20.17 Crup to ₹14.02 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total37,36,000 shares24,60,000 shares
Issue Size Total (Amount)up to ₹20.17 Crup to ₹14.02 Cr

IPO Timetable

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 IPOReliable Data Services IPO
Issue OpenSep 21, 2017Sep 27, 2017
Issue CloseSep 26, 2017Oct 03, 2017
Basis Of Allotment (Tentative)Sep 29, 2017Oct 09, 2017
Listing date (Tentative)Oct 05, 2017Oct 11, 2017

Financials & KPIs

Aarvi Encon IPO P/E ratio is , as compared to Reliable Data Services IPO P/E ratio of 30.

 Aarvi Encon IPOReliable Data Services 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 Standalone)

Period Ended31 Mar 201731 Mar 201631 Mar 2015
Assets17.9915.8114.82
Total Income20.5119.0118.97
Profit After Tax0.971.021.40
NET Worth8.617.646.64
Reserves and Surplus7.616.645.64
Total Borrowing5.824.704.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00%100%
Promoter Shareholding (Post-Issue)73.39%69.77%
P/E Ratio30
Market Cap₹79.83 Cr.₹49.02 Cr.

Shares Offered

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 0 shares in Aarvi Encon IPO and 0 shares in Reliable Data Services IPO.

 Aarvi Encon IPOReliable Data Services IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation1,98,000 shares1,40,000 shares
QIB0 shares0 shares
NII18,68,000 shares12,30,000 shares
RII18,68,000 shares12,30,000 shares
Employee0 shares0 shares
Total37,36,000 shares24,60,000 shares

Bids Received (Subscription)

Aarvi Encon IPO subscribed 1.51x in total, whereas Reliable Data Services IPO subscribed 47.65x.

 Aarvi Encon IPOReliable Data Services IPO
NII (times)2.41x81.72x
RII (times)0.61x13.57x
Total (times)1.51x47.65x

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Aarvi Encon IPO Vs Reliable Data Services IPO