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Aarvi Encon Ltd IPO
NSE SMERs 1,08,000 / 2000 Shares
Aarvi Encon Ltd IPO Details
The Aarvi Encon Ltd IPO price band is set between Rs 54 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 21 Sep, 2017 and closes on 26 Sep, 2017. Investors can check the allotment status on 3 Oct, 2017, while the listing date is tentatively scheduled for 5 Oct, 2017.
The total issue size is 39,34,000 Equity Shares of Rs 10 aggregating up to Rs 21.24 Cr, aggregating up to . Stay tuned for the latest Aarvi Encon Ltd IPO review and GMP updates.
Aarvi Encon Ltd IPO Review, Rating & Analysis
Aarvi Encon Ltd IPO Review
NO REVIEWAarvi Encon Ltd IPO Rating
Aarvi Encon Ltd IPO Highlights
IPO Date
Sep 21, 2017 - Sep 26, 2017
Listing Date
5 Oct, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 54 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Aarvi Encon Ltd IPO Lot Size
The minimum market lot for Aarvi Encon Ltd IPO is 2000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,80,000 |
Aarvi Encon Ltd IPO Timeline
Issue Price
Rs 54 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Sarthi Capital Advisors Private LimitedIssue Size
39,34,000 Equity Shares of Rs 10 aggregating up to Rs 21.24 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Virendra Dalpatram Sanghavi
- Mr. Jaydev Virendra Sanghavi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Aarvi Encon Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | - | 18,68,000 | 18,68,000 | 37,36,000 |
Day 1 -21-09-17 | - x | 0.0021 | 0.0075 x | 0.0048 x |
Day 2 -22-09-17 | - x | 0.31 | 0.04 x | 0.17 x |
Day 3 -25-09-17 | - x | 0.44 | 0.15 x | 0.29 x |
Day 4 -26-09-17 | - x | 2.41 | 0.61 x | 1.51 x |
Frequently Asked Questions about Aarvi Encon Ltd IPO IPO
When will Aarvi Encon Ltd IPO open for subscription?
The Aarvi Encon Ltd IPO opens on 21 Sep, 2017 and closes on 26 Sep, 2017.
What is the investors portion for Aarvi Encon Ltd IPO?
The investors' portion for QIB is x, NII is 2.41, and Retail is 0.61 x.
How to apply for Aarvi Encon Ltd IPO?
You can apply for Aarvi Encon Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aarvi Encon Ltd IPO?
The issue size of Aarvi Encon Ltd IPO is approx ₹39,34,000 Equity Shares of Rs 10 aggregating up to Rs 21.24 Cr crores.
What is the price band of Aarvi Encon Ltd IPO?
The price band for Aarvi Encon Ltd IPO is Rs 54 Per Equity Share to ₹undefined.
What is the lot size of Aarvi Encon Ltd IPO?
The minimum bid (lot size) for Aarvi Encon Ltd IPO is 2000 shares with an investment of approx Rs 1,08,000 .
What is the allotment date of Aarvi Encon Ltd IPO?
The allotment date for Aarvi Encon Ltd IPO is 3 Oct, 2017.
What is the listing date of Aarvi Encon Ltd IPO?
The listing date for Aarvi Encon Ltd IPO is expected to be 5 Oct, 2017.
What is the GMP of Aarvi Encon Ltd IPO?
The latest Grey Market Premium (GMP) for Aarvi Encon Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.