Advait Infratech SME IPO Review

SME IPO Status: Closed [15th Sep 2020 to 18th Sep 2020]

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In an ongoing IPO season, another IPO – Advait Infratech IPO is added to the list. Advait Infratech SME IPO will open from 15th Sep 2020 to 18th Sep 2020. On this page, we are providing you the complete review of Advait Infratech IPO key dates, IPO price, IPO allotment, IPO subscription, and others.

Incorporated year: 2010

Headquarter: Ahmedabad

IPO Issue Size: Rs. 688.50 lakh

Website: http://www.advaitinfra.com/

About Advait Infratech Limited

Advait Infratech Limited is primarily engaged in offering a complete spectrum of products and solutions to the power sector. It operates in diversified segments or verticals such as Turnkey telecom projects, installation of Power Transmission, Sub Station and telecom products, Liasoning-marketing, and offering end solutions to overseas clients.

Since its establishment, Advait Infratech has expanded its product portfolio and currently, it consists of Optical Fibre Ground Wire (OFGW) and OFC cables, EHV insulators, Stringing tools for the construction of transmission lines, Earthing solutions, gas insulators Sub Station supply by partners, Carbon Core Conductors, Bird Diverters, and other specialized products to meet the infrastructure resources requirement of the power sector.

Some of the leading power sector companies like Adani Power, Adani Transmission, Power Grid Corporation of India, Siemens, Simplex Infrastructure Ltd, Skipper Ltd, Sterlite Power, Tata Projects Ltd, Techno Electric and Engineering Company, are the clients of Advait Infratech. Recently, in 2019, Advait Infra has entered into a joint venture with leading Chinese OFC manufacturer TG Group to establish TG Advait manufacturing unit in Gujarat. The unit manufactures OPGW and OFC cables.

Advait Infratech SME IPO Objective

The key objectives of the Advait Infratech IPO are pointed below;

  • To utilize net proceeds from the IPO for general business purposes.
  • To satisfy the working capital requirement of the business.

Advait Infratech SME IPO Details

Advait Infratech SME IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Advait Infratech SME IPO Details
Advait Infratech Issue Details Values
IPO Category SME
SME IPO Issue Type Fixed price IPO
SME IPO Issue Size 13,50,000 equity shares at ₹51 per share
Face Value ₹10 Per Equity Share
SME IPO Issue Price ₹51
SME IPO Discount NA
Market Lot 2000 Shares
Min Retail Qty 2000 shares (1 lot)
Max Retail Qty
Promoter Holding Pre IPO 99.99%
Promoter Holding Post IPO 73.51%
IPO Listing At BSE SME
BSE Code
NSE Code

Advait Infratech SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 675,000
  • Retail Individual Investor: 675,000
IPO Bidding Live Updates from BSE + NSE
DayDateNIIRIITotal
  675,000675,0001,350,000
115th Sep 2020 18:510.05x0.13x0.09x
216th Sep 2020 18:510.91x0.54x0.73x
317th Sep 2020 18:511.37x1.43x1.40x
418th Sep 2020 18:221.53x2.32x1.92x

Advait Infratech Financials for past 3 Years

Past performance and financial results of Advait Infratech.

Advait Infratech financial
Advait Infratech SME IPO Financials 31-Dec-2019 31-Mar-2019 31-Mar-2018 31-Mar-2017
Total Assets ₹5,137.35 Lakh ₹4,440.47 Lakh ₹3,319.59 Lakh ₹2,269.68 Lakh
Total Revenue ₹3,383.92 Lakh ₹2,852.38 Lakh ₹4,535.45 Lakh ₹2,963.51 Lakh
Net Profit/Loss ₹130.67 Lakh ₹249.02 Lakh ₹624.34 Lakh ₹426.53 Lakh

Advait Infratech SME IPO Strengths

  • Large product & Solutions portfolio
  • Strong clientele base worldwide
  • Effective project execution
  • Strong order book and financial position
  • Experienced promoters and well-trained staff workforce

Advait Infratech SME IPO Threats/Weaknesses

  • Strict regulatory requirements
  • Ongoing Indo China tensions may materially affect business operations
  • Revenue concentration as it generates more than 70% of its revenue from top 10 clients
  • Competition from organized and unorganized players

Advait Infratech SME IPO Recommendations

Advait Infratech SME IPO Important Dates

In this section we have covered all important dates related to Advait Infratech SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Advait Infratech SME IPO important dates
SME IPO Activity Date
SME IPO Issue Open Date 15th Sep 2020
SME IPO Issue Close Date 18th Sep 2020
Basis of Allotment Finalisation Date* Not Yet Announced
Refunds Initiation* Not Yet Announced
Credit of Shares to Demat Account* Not Yet Announced
SME IPO Listing Date* Not Yet Announced

* - Tentative Dates

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Advait Infratech SME IPO Draft Prospectus >>Document

Advait Infratech SME IPO Red Herring Prospectus >>Advait Infratech SME IPO Red Herring Prospectus is not yet available.

Advait Infratech SME IPO Allotment Status >>Advait Infratech SME IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Advait Infratech Limited
A-801 To 803 Sankalp Iconic, Opp. Vikram Nagar
Iscon Temple Cross Road, S.G Highway Ahmedabad
Gujarat - 380054
Website: http://www.advaitinfra.com/
Email: [email protected]
Phone: +91-79-48956677

Registrar

KFIN Technologies Private Limited
Karvy Selenium Tower B, Plot 31-32
Gachibowli, Financial District, Nanakramguda
Hyderabad 500 032
Telangana, India
Email: [email protected]
Website: http://www.kfintech.com/

Lead Manager

  1. ISK Advisors Private Limited
Advait Infratech SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Advait Infratech? Should I apply in Advait Infratech SME IPO?

Last Updated on 2020-09-15T23:07:53+00:00

Advait Infratech SME IPO FAQs

  1. 1. How to subscribe Advait Infratech SME IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Advait Infratech SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Advait Infratech SME IPO with Zerodha.

    Alternate approch to apply in Advait Infratech SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Advait Infratech SME IPO Review and Important Updates

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  2. 2. How to apply in Advait Infratech SME IPO online?

    Apply in Advait Infratech SME IPO online

    To subscribe or apply in Advait Infratech SME IPO, you can use the following methods:

    Advait Infratech SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Advait Infratech SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Advait Infratech SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Advait Infratech SME IPO. Most of the Syndicate Banks provide access to apply in Advait Infratech IPO via ASBA process. You must have your net banking access, DP ID information to apply in Advait Infratech SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Advait Infratech SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Advait Infratech SME IPO Review and Important Updates

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  3. 4. What is the listing date of Advait Infratech SME IPO?

    Advait Infratech SME IPO is going to be list on TBD.

    Other relevant questions:

    When Advait Infratech SME IPO will be listing? Advait Infratech SME IPO listing date?Advait Infratech SME IPO date of listing

     

  4. 5. When Advait Infratech SME IPO will be allocated?

    Advait Infratech SME IPO Allotment Date is TBD.

    Other relevant questions:

    Advait Infratech SME IPO share allotment date?Advait Infratech SME IPO allotment date?

     

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User Comments

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5. vijaylakhani  9/10/2020 1:39:27 AM Reply
Advait Infratech SME IPO expected listing gain.
avatar
4. Sunil  9/10/2020 1:39:27 AM Reply
Please confirm Advait Infratech SME IPO GMP (grey market premium) and kostak.
avatar
3. Naresh  9/10/2020 1:39:27 AM Reply
Advait Infratech SME IPO good or bad.
avatar
2. Ritika Rajeev  9/10/2020 1:39:27 AM Reply
Advait Infratech SME IPO whether to invest or not.
avatar
1. Narasimha Murthy C  9/10/2020 1:39:27 AM Reply
Advait Infratech SME IPO - CRISIL Rating, Apply or not?.

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