Aarvi Encon Ltd IPO (Aarvi Encon IPO) Detail

Sep 21, 2017 - Sep 26, 2017

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.

Company Promoters:

The promoters of the company are:

1. Mr. Virendra Dalpatram Sanghavi and
2. Mr. Jaydev Virendra Sanghavi

Objects of the Issue:

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 Details

IPO Opening DateSep 21, 2017
IPO Closing DateSep 26, 2017
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹54 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size3,934,000 Eq Shares of ₹10
(aggregating up to ₹21.24 Cr)

Aarvi Encon IPO Lot Size

The Aarvi Encon IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹108,000).

ApplicationLotsSharesAmount (Cut-off)

Aarvi Encon IPO Subscription Status (Bidding Detail)

The Aarvi Encon IPO is subscribed times on Sep 26, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription

Aarvi Encon IPO Prospectus

Aarvi Encon IPO Rating

Rating:Rated 3.8 stars

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Aarvi Encon IPO Listing Date

Listing DateThursday, October 5, 2017
BSE Script Code
Listing In
IPO Price₹54 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price:₹54.00
Last Trade:₹54.50

Aarvi Encon IPO Reviews / Ratings

Company Contact Information

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Aarvi Encon IPO FAQs

  1. What is Aarvi Encon IPO?

    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 equity share. The minimum order quantity is 2000 Shares.

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

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

  2. When Aarvi Encon IPO will open?

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

  3. What is the lot size of Aarvi Encon IPO?

    Aarvi Encon IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

  4. How to apply for Aarvi Encon IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Aarvi Encon IPO allotment?

    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.

  6. When is Aarvi Encon IPO listing date?

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

Aarvi Encon IPO Message Board

Ranked Members  Ranked Members

35. rvr |Nov 6, 2017 14:11
Bought @ 73...seems bottomed......
35.1. Coderzhut |Nov 13, 2017 13:48
10% upper circuit today..
35.2. rvr |Nov 14, 2017 14:06
I am planning to book above 100...which I am trailing now...will see
34. Jaikesh Gupta |Nov 1, 2017 17:39
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 |Oct 31, 2017 18:22
Allotment confirmation tomorrow?
32. Lohit seth |Oct 27, 2017 08:36
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 |Oct 17, 2017 07:33
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
This dark horse has picked up speed now. Sadly, I sold 1 lot @59
30. Hexadecimal |Oct 15, 2017 22:16
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 |Oct 16, 2017 19:04
@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 |Oct 15, 2017 21:14
Delivery volume is high may sharply move from Monday
28. Dubai ipo |Oct 13, 2017 21:29
now aarvi will go up everyday... after month target 115 rs
27. Huzefa |Oct 10, 2017 12:02
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Aarvi Encon has started its upmove. @5% UC today 59.25
27.1. Coderzhut |Oct 10, 2017 18:37
Hope this continues...
26. Bhavu |Oct 10, 2017 08:03
arjun sir please your viw aplly?
25. rvr |Oct 5, 2017 14:16
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 |Oct 6, 2017 11:44
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 |Oct 6, 2017 16:59
ok thank you
24. STOCKT |Oct 6, 2017 11:24
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 |Oct 5, 2017 09:39
price 55 rs
22. mars |Oct 5, 2017 05:59
I cannot find this allocated in my ICICI Direct demat account, how can I sell this?
21. Shrenikvmehta |Oct 4, 2017 21:22
Aarvi is in a different league like QUESS & TEAMLEASE , patience will bear fruit, no panic see after 11 am,
20. jagadish abbigeri |Oct 4, 2017 10:53
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 |Oct 4, 2017 10:56

20.2. an Investor |Oct 4, 2017 13:18
When is the listing? Tomorrow?
19. an Investor |Oct 3, 2017 09:54

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

18. Indra Pal Singh |Oct 2, 2017 14:29
Expected Listing Price?????
18.1. Mlr |Oct 2, 2017 17:52
It can be 10% bcoz of nii subscription of over 2 times.. planning to hold.
17. STOCKT |Oct 2, 2017 14:31
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 |Oct 1, 2017 09:17
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...

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