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IPO Details


Aarvi Encon Ltd
Registered Office: 603 B1 Wing Marathon Nextgen, Complex Lower Parel (W), Mumbai - 400013, Maharashtra
Phone: 91-22-40499999
Email: info@aarviencon.com
Website: www.aarviencon.com
Public issue of 39,34,000 equity shares of face value of Rs. 10/- each fully paid up of Aarvi Encon Limited (Aarvi or the Company or the Issuer) for cash at a price of Rs. 54/- per equity share (the Issue Price) (including a share premium of Rs. 44/- per equity share aggregating Rs. 21.24 Crores (the Issue) by the company, of which 1,98,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less The market maker reservation portion i.e. Issue of 37,36,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.61% and 25.27% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The issue price is Rs.54. The issue price is 5.40 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-2017 26-Sep-2017 54.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
()Cr. Lead Managers to the Issue
Project Cost 21.24 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 21.24
Post Issue Equity Share Capital 14.78
Issue Price 54.00
Projects
Working capital requirements
Acquisitions and other strategic initiatives
General corporate purposes
Promoted By
Virendra Dalpatram Sanghavi
Jaydev Virendra Sanghavi
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

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