Comparison between Aarvi Encon IPO and Tirupati Forge IPO.
Aarvi Encon IPO is a SME Fixed Price IPO proposed to list at NSE SME while Tirupati Forge IPO is a SME Fixed Price proposed to list at NSE SME.
| Aarvi Encon IPO | Tirupati Forge IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Aarvi Encon IPO is up to ₹20.17 Cr whereas the issue size of the Tirupati Forge IPO is up to ₹4.95 Cr. The final issue price of Aarvi Encon IPO is ₹54.00 per share and of Tirupati Forge IPO is ₹29.00 per share.
| Aarvi Encon IPO | Tirupati Forge IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹54.00 per share | ₹29.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 4000 shares |
| Fresh Issue Size | 37,36,000 shares | 17,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹20.17 Cr | up to ₹4.95 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 37,36,000 shares | 17,08,000 shares |
| Issue Size Total (Amount) | up to ₹20.17 Cr | up to ₹4.95 Cr |
Aarvi Encon IPO opens on Sep 21, 2017, while Tirupati Forge IPO opens on Sep 29, 2017. The closing date of Aarvi Encon IPO and Tirupati Forge IPO is Sep 26, 2017, and Oct 04, 2017, respectively.
| Aarvi Encon IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2017 | Sep 29, 2017 |
| Issue Close | Sep 26, 2017 | Oct 04, 2017 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2017 | Oct 12, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aarvi Encon IPO P/E ratio is , as compared to Tirupati Forge IPO P/E ratio of .
| Aarvi Encon IPO | Tirupati Forge IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹79.83 Cr. | ₹16.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aarvi Encon IPO Retail Individual Investors (RII) are offered 18,68,000 shares while in Tirupati Forge IPO retail investors are offered 18,68,000 shares. Qualified Institutional Buyers (QIB) are offered in Aarvi Encon IPO and in Tirupati Forge IPO.
| Aarvi Encon IPO | Tirupati Forge IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,98,000 shares | 92,000 shares |
| QIB | ||
| NII | 18,68,000 shares | 8,54,000 shares |
| RII | 18,68,000 shares | 8,54,000 shares |
| Employee | ||
| Others | ||
| Total | 37,36,000 shares | 17,08,000 shares |
Aarvi Encon IPO subscribed 1.51x in total, whereas Tirupati Forge IPO subscribed 6.94x.
| Aarvi Encon IPO | Tirupati Forge IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 2.41x | 3.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.61x | 10.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.51x | 6.94x |
