247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Aarvi Encon Limited IPO (Aarvi Encon IPO) Details

Aarvi Encon Limited is an Human Resources And Manpower based company, located in Mumbai, Aarvi Encon Limited IPO size was 21.24 Cr. and was issued at 54.00 per share. The share of Aarvi Encon Limited were listed at 54.50 per share and are currently trading at 128.53 per share.

Type :
Sub Sector : IT Staffing And Manpower
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
153.51 Cr.

PAT :
5.34 Cr.

Pricing Report

Issue Price :
54.00

Listing Price :
54.50

Current Market Price :
128.53

Issue Price vs CMP :
74.53 (138.02%)

listing Price vs CMP :
74.03 (135.83%)

Performance Report (CAGR* wise)

CAGR : 12.62
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Aarvi Encon

Company Information
Aarvi delivers unparalleled level of world-class Engineering and Manpower Outsourcing Services with an intimate understanding of the Indian economy and business environment. Manpower is the most crucial asset of any organization. For a business to function properly it should have responsible manpower who can manage its operations. They help their clients with their staffing solutions to provide a comprehensive range of services across all industry sectors to clients who are in need of specialist assistance. Their services can be tailored to meet the needs of each client and cover the full employee life cycle. They make sure that they give their clients with the best so that they can meet the different challenges presented by business environment. Their highly effective, full-service, staffing and recruiting department
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Object of Issue
  • To meet the working capital requirements of the Company
  • Acquisitions and Other Strategic Initiatives
  • General Corporate Purposes
  • Issue Expenses

Aarvi Encon SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2017
IPO Size :
21.24 Cr.
PE Multiple :
15.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Aarvi Encon operates in Human Resources And Manpower and IT Staffing And Manpower. The Issue is listed on NSE EMERGE in Oct, 2017. Aarvi Encon IPO size was 21.24 Cr. with Issue price of 54.00 .

Aarvi Encon IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aarvi Encon IPO listed at a listing price of 54.50 against the offer price of 54.00.

The current market price of Aarvi Encon is 128.53.

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