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Aarvi Encon Ltd IPO (Aarvi Encon IPO) Detail

September 21, 2017 - September 26, 2017

Aarvi Encon IPO is a fixed price issue of Rs 21.24 crores.

Aarvi Encon IPO bidding started from September 21, 2017 and ended on September 26, 2017. The shares got listed on NSE SME on October 5, 2017.

Aarvi Encon IPO price is ₹54 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹108,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the Aarvi Encon IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Aarvi Encon IPO RHP for detailed information.

Aarvi Encon IPO Details

IPO Date September 21, 2017 to September 26, 2017
Listing Date October 5, 2017
Face Value ₹10 per share
Price ₹54 per share
Lot Size 2000 Shares
Total Issue Size3,934,000 shares
(aggregating up to ₹21.24 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Aarvi Encon IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹108,000
Retail (Max) 1 2000 ₹108,000
Lot Size Calculator

About Aarvi Encon Ltd

Incorporated in 1987, Aarvi Encon Limited ia an ISO 9001:2008 and OHSAS certified Company provides engineering and manpower outsourcing services in India and internationally. The company offers IT staffing, manpower outsourcing/technical staffing/manpower deputation, project management, construction supervision, procurement assistance/expediting, inspection, pre-commissioning and commissioning, operation and maintenance and shutdown services. Cllient list included Reliance Industries, Cairn India, HPCL Mittal, Bechtel etc.

It serves oil and gas, power, LNG, PNG, refinery, petrochemical, pipeline, wind power, solar power, offshore, exploration and production, infrastructure, ports and terminal, telecom, fertilizer, cement, automobile, metro and mono rail, railway, metal and mineral, information technology industries.

Objects of the Issue (Aarvi Encon IPO Objectives)

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. Acquisitions and Other Strategic Initiatives;
3. General Corporate Purposes;
4. Issue Expenses.

Aarvi Encon IPO Review (Apply)

[Dilip Davda]  Considering reasonable pricing, investment may be considered for medium to long term. Read detail review...


Aarvi Encon IPO Subscription Status (Bidding Detail)

The Aarvi Encon IPO is subscribed times on September 26, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Aarvi Encon IPO Prospectus

Aarvi Encon IPO Rating

46
3.8
Rating:Rated 3.8 stars
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Aarvi Encon IPO Listing Details

Listing Date October 5, 2017
BSE Script Code
NSE Symbol AARVI
ISIN INE754X01016
Final Issue Price ₹54 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹54.00
₹56.00
₹54.00
₹57.80
₹54.50

Check IPO Performance…

Aarvi Encon Ltd Contact Details

Aarvi Encon Ltd
603, B1 Wing, Marathon Innova,
Marathon Nextgen Complex,
Lower Parel (W), Mumbai � 400013
Phone: +91-22-40499999
Email: info@aarviencon.com
Website: http://www.aarviencon.com

Aarvi Encon IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Aarvi Encon IPO - Buy or Not

Aarvi Encon IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Aarvi Encon IPO FAQs

Aarvi Encon IPO is a SME IPO of 3,934,000 equity shares of the face value of ₹10 aggregating up to ₹21.24 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000 Shares.

The IPO opens on September 21, 2017, and closes on September 26, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Aarvi Encon IPO opens on September 21, 2017 and closes on September 26, 2017.

Aarvi Encon IPO lot size is 2000 Shares, and the minimum amount required is ₹108,000.

You can apply in Aarvi Encon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Aarvi Encon IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aarvi Encon IPO allotment status.

The Aarvi Encon IPO listing date is on October 5, 2017.
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Aarvi Encon IPO Message Board

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60 Comments

35. rvr |   Link |  Bookmark |November 6, 2017 3:11:40 PM
Bought @ 73...seems bottomed......
35.1. Coderzhut |   Link |  Bookmark |November 13, 2017 2:48:07 PM
10% upper circuit today..
35.2. rvr |   Link |  Bookmark |November 14, 2017 3:06:21 PM
I am planning to book above 100...which I am trailing now...will see
34. Jaikesh Gupta |   Link |  Bookmark |November 1, 2017 6:39:27 PM
Arey Jinko Milna Hoga Mil jaayega Allotment ek baat samjh me nahi aata alottment milne ke baad aapke account chura liya jayega kaahe itna pareshaan rahite ho baat baat pe
33. Bullish On India |   Link |  Bookmark |October 31, 2017 7:22:14 PM
Allotment confirmation tomorrow?
32. Lohit seth |   Link |  Bookmark |October 27, 2017 9:36:07 AM
I have purchased this 1 lot at 81. Itis getting down to 71.5. Please advise what to do. I am in tention. Any chances for up.
31. Huzefa |   Link |  Bookmark |October 17, 2017 8:33:35 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
This dark horse has picked up speed now. Sadly, I sold 1 lot @59
30. Hexadecimal |   Link |  Bookmark |October 15, 2017 11:16:44 PM
Once you are sure about the quality of the company and promoters, it is advisable to have patience. Price will certainly move upward. In such kind of Bull market, wherein every Tom, Dick and Harry is performing, there is no reason that Aarvi Encon will not perform. That was the conviction which convinced me to hold 3 lots allotted to me despite lacklustre listing. Enjoy the upward move.
30.1. Umang & his ultrasonic uproar |   Link |  Bookmark |October 16, 2017 8:04:33 PM
@hexa, I have predicted on Friday that big move is coming up on Monday, exactly same thing happened today 20%UC. Delivery volume was very high on last Thursday and Friday.
29. Umang & his ultrasonic uproar |   Link |  Bookmark |October 15, 2017 10:14:40 PM
Delivery volume is high may sharply move from Monday
28. Dubai ipo |   Link |  Bookmark |October 13, 2017 10:29:53 PM
now aarvi will go up everyday... after month target 115 rs
27. Huzefa |   Link |  Bookmark |October 10, 2017 1:02:43 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Aarvi Encon has started its upmove. @5% UC today 59.25
27.1. Coderzhut |   Link |  Bookmark |October 10, 2017 7:37:59 PM
Hope this continues...
26. Bhavu |   Link |  Bookmark |October 10, 2017 9:03:38 AM
arjun sir please your viw aplly?
25. rvr |   Link |  Bookmark |October 5, 2017 3:16:49 PM
I am going to transfer the shares from icici direct to axis direct.....will axis direct help to sell the shares inline? Anyone know axis direct support SME share selling
25.1. Rattan |   Link |  Bookmark |October 6, 2017 12:44:55 PM
call their customer service and check first, otherwise u can also call ICICI direct and ask them to place order from backend...i have done the same.
Zerodha is providing this feature where you yourself place order online
25.2. rvr |   Link |  Bookmark |October 6, 2017 5:59:58 PM
ok thank you
24. STOCKT |   Link |  Bookmark |October 6, 2017 12:24:33 PM
sarthi capital issues not doing good and is a sell.
even its new one omfurn should go below issue price.

sarthi should be ashamed where in none of its sme are working.
23. Dubai ipo |   Link |  Bookmark |October 5, 2017 10:39:32 AM
price 55 rs
22. mars |   Link |  Bookmark |October 5, 2017 6:59:57 AM
I cannot find this allocated in my ICICI Direct demat account, how can I sell this?
21. Shrenikvmehta |   Link |  Bookmark |October 4, 2017 10:22:09 PM
Aarvi is in a different league like QUESS & TEAMLEASE , patience will bear fruit, no panic see after 11 am,
20. jagadish abbigeri |   Link |  Bookmark |October 4, 2017 11:53:03 AM
It''s peer Companies are trading Upto 100 PE, but Arvi issued Shares at 15 PE means, So It''s fair value is around 350.
20.1. STOCKT |   Link |  Bookmark |October 4, 2017 11:56:15 AM
LOL

NO ITS A SELL ON LISTING. THERE IS NOTHING GREAT ABOUT ITS BUSINESS.
20.2. an Investor |   Link |  Bookmark |October 4, 2017 2:18:43 PM (200+ Posts)
When is the listing? Tomorrow?
19. an Investor |   Link |  Bookmark |October 3, 2017 10:54:09 AM (200+ Posts)
Guys,

What is the listing date? And How can I trade in SME stocks? Please help in this.

Thanks.
18. Indra Pal Singh |   Link |  Bookmark |October 2, 2017 3:29:35 PM
Expected Listing Price?????
18.1. Mlr |   Link |  Bookmark |October 2, 2017 6:52:41 PM
It can be 10% bcoz of nii subscription of over 2 times.. planning to hold.
17. STOCKT |   Link |  Bookmark |October 2, 2017 3:31:37 PM
I never understood it''s business.its in resource and manpower .such companies can be very risky. I avoid such type of investment. Anyway best of luck to allotees
16. friend |   Link |  Bookmark |October 1, 2017 10:17:28 AM
This is fundamentally a very good company... subscription was less due to too many ipos... so dont sell in panic on listing day... it will give us good returns if we hold it for sometime...