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SME IPO Status: Listed [15th Sep 2020 to 18th Sep 2020]
| SME IPO Issue Opening Date: | 15th Sep 2020 |
| SME IPO Issue Closing Date: | 18th Sep 2020 |
| SME IPO Issue Price: | ₹51 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE SME |
| Retail Quota: | TBD |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹6.88 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | NA |
| Promoter Holding Pre IPO: | 99.99% |
| Promoter Holding Post IPO: | 73.51% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543230 |
Get important updates regarding Advait Infratech SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 25th Sep 2020 |
| Refunds Initiation* | 28th Sep 2020 |
| Credit of Shares to Demat* | 29th Sep 2020 |
| SME IPO Listing Date* | 30th Sep 2020 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹51 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹102000 |
| Min HNI Lots: | 4000 shares(2 lots) |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
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/
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.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | ₹6.88 Cr | http://www.advaitinfra.com/ |
The key objectives of the Advait Infratech IPO are pointed below;
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 675,000 (50%) | 675,000 (50%) | 1,350,000 | |
| 1 | 15th Sep 2020 18:51 | 0.05x | 0.13x | 0.09x |
| 2 | 16th Sep 2020 18:51 | 0.91x | 0.54x | 0.73x |
| 3 | 17th Sep 2020 18:51 | 1.37x | 1.43x | 1.40x |
| 4 | 18th Sep 2020 18:52 | 1.53x | 2.32x | 1.92x |
| 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 |
Last Updated on 01-Feb-2021 00:34:06
