Aarvi Encon gets Letter of Intent worth Rs 29.30 crore

Aarvi Encon Ltd. | Professional Services | Miscellaneous | BSE: 544850 | NSE: AARVI

01 Dec 2023 Evaluate

Aarvi Encon received Letter of Intent (LoI) worth of Rs 29.30 crore only (GST inclusive) for Hiring of services of field engineers for various pipeline locations of Hindustan Petroleum Corporation. This duration of the project is of 2 years.

Earlier, the company had received the work order of Rs 10 crore for Manpower Insourcing and Deputation of Engineering personnel from Saipem India Projects, Chennai.

Aarvi Encon is providing engineering and manpower outsourcing services in India and internationally.

Peers

Company Name	CMP
SIS	424.15
Quess Corp	360.40
TeamLease Services	1203.00
Bluspring Enterprise	125.75
BLS Internatl. Serv.	228.75
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.