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.

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

The promoters of the company are:

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

Aarvi Encon IPO Lot Size

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

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

Aarvi Encon IPO Review

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 Sep 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

Rating:Rated 3.8 stars
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Aarvi Encon IPO Listing Date

Listing Date Thursday, October 5, 2017
BSE Script Code
Listing In
ISIN INE754X01016
IPO Price ₹54 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Aarvi Encon Ltd
603, B1 Wing, Marathon Innova,
Marathon Nextgen Complex,
Lower Parel (W), Mumbai 400013
Phone: +91-22-40499999

Aarvi Encon IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Aarvi Encon IPO Review

Aarvi Encon IPO Recommendation Summary

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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 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.

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

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

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.

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 Thursday, October 5, 2017.
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Aarvi Encon IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



35. rvr |   Link |Nov 6, 2017 3:11:40 PM
Bought @ 73...seems bottomed......
35.1. Coderzhut |   Link |Nov 13, 2017 2:48:07 PM
10% upper circuit today..
35.2. rvr |   Link |Nov 14, 2017 3:06:21 PM
I am planning to book above 100...which I am trailing now...will see
34. Jaikesh Gupta |   Link |Nov 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 |Oct 31, 2017 7:22:14 PM
Allotment confirmation tomorrow?
32. Lohit seth |   Link |Oct 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 |Oct 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 |Oct 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 |Oct 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 |Oct 15, 2017 10:14:40 PM
Delivery volume is high may sharply move from Monday
28. Dubai ipo |   Link |Oct 13, 2017 10:29:53 PM
now aarvi will go up everyday... after month target 115 rs
27. Huzefa |   Link |Oct 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 |Oct 10, 2017 7:37:59 PM
Hope this continues...
26. Bhavu |   Link |Oct 10, 2017 9:03:38 AM
arjun sir please your viw aplly?
25. rvr |   Link |Oct 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 |Oct 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 |Oct 6, 2017 5:59:58 PM
ok thank you
24. STOCKT |   Link |Oct 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 |Oct 5, 2017 10:39:32 AM
price 55 rs
22. mars |   Link |Oct 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 |Oct 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 |Oct 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 |Oct 4, 2017 11:56:15 AM

20.2. an Investor |   Link |Oct 4, 2017 2:18:43 PM
When is the listing? Tomorrow?
19. an Investor |   Link |Oct 3, 2017 10:54:09 AM

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

18. Indra Pal Singh |   Link |Oct 2, 2017 3:29:35 PM
Expected Listing Price?????
18.1. Mlr |   Link |Oct 2, 2017 6:52:41 PM
It can be 10% bcoz of nii subscription of over 2 times.. planning to hold.
17. STOCKT |   Link |Oct 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 |Oct 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...