Comparison between Aarvi Encon IPO and Share India Securities IPO.
IPO Details
Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Share India Securities IPO is a SME Fixed Price proposed to list at BSE 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 Share India Securities IPO is up to ₹25.04 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Share India Securities IPO is ₹41.00 per share.
| | Aarvi Encon IPO | Share India Securities IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹54.00 per share | ₹41.00 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 | 56,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.17 Cr | up to ₹22.99 Cr |
| OFS Issue Size | 0 shares | 5,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.05 Cr |
| Issue Size Total | 37,36,000 shares | 61,08,000 shares |
| Issue Size Total (Amount) | up to ₹20.17 Cr | up to ₹25.04 Cr |
IPO Timetable
Aarvi Encon IPO opens on Sep 21, 2017, while Share India Securities IPO opens on Sep 21, 2017. The closing date of Aarvi Encon IPO and Share India Securities IPO is Sep 26, 2017, and Sep 26, 2017, respectively.
Financials & KPIs
Aarvi Encon IPO P/E ratio is , as compared to Share India Securities IPO P/E ratio of .
Shares Offered
In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Share India Securities 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 Share India Securities IPO.
| | Aarvi Encon IPO | Share India Securities 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 | 30,54,000 shares |
| RII | 18,68,000 shares | 30,54,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 37,36,000 shares | 61,08,000 shares |
Bids Received (Subscription)
Aarvi Encon IPO subscribed 1.51x in total, whereas Share India Securities IPO subscribed 4.03x.