Aarvi Encon Ltd IPO Message Board (Page 2)

Check your allotments here: http://www.bigshareonline.com/bssipoapplicationstatus.aspx

When is the allotment? Any idea? Not able get from any website..

Allotment done. Please check at bigshare online.

Thanks allotment is done. Hope it will not list in discount

thanks Hufeza for your reply but Bigshare denied that after closure of Bid withdraw process can''t apply. below is word from Vipin from Big share private ltd.

Dear Nirav ji

As per SEBI ICDR regulation applications cannot be cancel / withdrawn post closure of the issue.

Regards
Bigshare Services Pvt. Ltd.

* I am not sure if rule has changed now...

You can also call up Sebi''s toll-free helpline service numbers at 1800 266 7575 or 1800 22 7575 and confirm if Retail applicant can withdraw Bid after issue closure but before allotment ...

This has to be a multibegger in 1-2 year timeframe! Solid fundamentals!!

HI, CAN I withdraw application made in Aarvi

Yes, u can. see my reply to Umang on how to withdraw after IPO closure date

Avoiding this ipo, as Rkec looks good,
Now beware, as market is in bearish tone, sme are making beeline, pls do your homework before applying any.
Today sagar diamond got listed in discount. It was subscribed more than 9 times.

@Umang, you can cancel application even after the issue closure date.

Withdrawal process for Physical applications: IPO application may be withdrawn by an applicant by writing a letter, to the Registrar of the issue, highlighting the Company’s name and clearly mentioning complete application number, names as in the application and signatures of all applicants. The applicant has to ensure that the withdrawal application is received by the registrar prior to finalization of the Basis of Allotment.

Withdrawal process for online ASBA bids: After the bid closure period, you may send your withdrawal request to the Registrars, who will cancel your bid and instruct Self Certified Syndicate Banks (SCSB) to unblock the application money in the bank account after the finalization of basis of allotment.

Note: The withdrawal or cancellation of withdrawal will not be considered if the issuer has finalized and submitted Basis of Allotment to the Stock Exchange.

Umang, what are your view on this SME @current price?. Is it a Buy / sell?

latest subscription figures till 3:00 pm:
Total Issue Size: 3934000
Total Bids Received: 4826000
Total issue subscription: 1.23

Looking at the Subscription figures does not sound it will be able to list above issue price.

Good Company. Sound fundamentals. Apply.

SEE ATLEAST HERE WE BOTH AGREE. I AM ALSO GOING TO APPLY FOR THIS COMPANY. I FOUND THIS COMPNAY IS ALSO WORTH APPLYING. ALSO APPLIED FOR WORTH PERI. ANY IDEA OF LISTING PRICE...???

In my opinion Aarvi looks good for long term.
Worth Peri will definitely hit the UC.

no go for this ipo...i dont mind there is not any type of listing gain possible because the sunscription data till now not give clearity...

Total Issue Size      3934000
Total Bids Received      1102000
Total Bids Received at Cut-off Price      -
No. of times issue is subscribed      0.28

As on 25-Sep-2017 18:00:00 IST

Bank amount is unblocked now. I have checked my idbi amount. Apply another sme now.

Best SME IPO..Reasonably price..P/E of around 15 against peers trading at a P/ E of 36 to 100.Considering reasonable pricing it will at least give 50% listing gain within weeks time.

IS IT WORTH APPLYING

Can we compare this company with peers like quess & teamlease???

Difficult choice between CADSYS & AARVI. We need to poll before applying any. Pls. Leave your choice on this forum

another good SME ipo