Live GMP
Carver Roboweld Ltd GMP ₹0 Ajwa Projects Ltd GMP ₹0 M.K.Sons Fine Jewels Ltd GMP ₹0 BLS Polymers Ltd GMP ₹44+29.33% Wiscon Industries Ltd GMP ₹0 SFC Environmental Technologies Ltd. GMP ₹21+6.36% EAAA India Alternatives Ltd GMP ₹17+1.02% Vedant Poly Fabs Ltd GMP ₹0 Johnsoncab Electricals Ltd GMP ₹0 HGS (India) Ltd GMP ₹0 Vectras Enprocon Ltd GMP ₹0 Maxwell Engineering Solutions Ltd GMP ₹0 Bombay Coated & Special Steels Ltd GMP ₹0
Advait Infratech Ltd Logo

Advait Infratech Ltd IPO

Closed Fixed Price IPO BSE SME Fresh Capital
← Back to GMP
Issue Price ₹51
GMP —
Lot Size 2,000
Face Value ₹10
Issue Size 1,350,000 shares (aggregating up to ₹7 Cr)
Subscription —

IPO Timeline

Open Date15-Sep-20
Close Date18-Sep-20
Allotment25-Sep-20
Refund Initiation28-Sep-20
Demat Credit29-Sep-20
UPI Mandate Deadline18-Sep-20
Listing Date28-Sep-20

Category-wise Subscription

Shares offered, bid & amount
CategorySub (x)OfferedBid ForAmt (Cr)*
NII (HNI) — 641,000 (47%) — ₹327 Cr
Retail — 641,000 (47%) — ₹327 Cr
Market Maker — 68,000 (5%) — ₹3 Cr
Σ  Total—1,350,000 (100%)—₹6,885 Cr

Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.

Issue Details

Issue Price / Price Band₹51
Face Value₹10
Lot Size2,000 shares
Issue Size1,350,000 shares (aggregating up to ₹7 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public1,282,000 shares (aggregating up to ₹7 Cr)
Amount In₹ Lakhs
Stock Price History · BSE
—
Loading chart data...
H—
L—
O—
Yahoo Finance · Live

Minimum Investment (Lot-wise)

CategoryLotsSharesAmount (₹)
Retail (Min)12,000₹102,000
Retail (Max)1326,000₹1,326,000
S-HNI (Min)1428,000₹1,428,000
B-HNI (Min)67134,000₹6,834,000
Retail1 lot(s)2,000 shares₹102,000
S-HNI2 lot(s)4,000 shares₹204,000

Shareholding Pattern

Pre-Issue Shareholding3,750,000 shares%
Post-Issue Shareholding5,100,000 shares%
Reserved for Market Maker68,000 shares (aggregating up to ₹0 Cr)

Financial Statements Amount in ₹ Lakhs

Metric 31-Mar-20 31-Mar-19 31-Mar-18
Revenue 4,581 2,852 4,532
Profit After Tax 54 249 621
Total Assets 5,156 4,437 3,316

Valuation & Key Ratios

ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—

Grey Market Premium (GMP)

— Current GMP

GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.

Objects of the Issue

  • Working Capital Requirement – 4.65
  • General Corporate Purpose – 1.54

Company Overview

Incorporated in 2010, The Ahmedabad-based Advait Infratech Limited company operates in the power infrastructure industry. The business has various verticals including Turnkey Telecommunication Projects, power transmission installation, Power substation, and telecom products, Liasioning-marketing, and many others to meet the demand of the power sector.

Till Sep 2020, the company has completed 100+ projects and has a clientele base of 100+ customers across the world. Cobra, Jindal Steel & Power, Siemens, Sterlite Power, Tata Projects Ltd, JSW Energy, KEC International Ltd, Kalpataru Power Transmission Ltd, NSG Group, NCC are some of its clients. Company has nationwide footprints through affiliated members in Delhi, Kolkata, Ahmedabad, Chennai, Baroda, Hyderabad, and Mumbai.

In 2019, Advait infratech has established an OPGW (Optical Fibre Ground Wire) and OFC cable manufacturing unit in Sanand, Gujarat through a joint venture with TG Group, a leading OFC manufacturer in China.

Product Portfolio

  1. Optical Fibre Groud Wire and OFC cables
  2. EHV (Extra High Voltage) transmission line insulators
  3. Tools for constructing transmission lines
  4. Gas insulators Sub Stations
  5. Earthing solutions
  6. Transmission line and Sub Station lines specialized products

Competitive strengths

  • Strong client base in domestic as well as overseas market
  • Diversified product portfolio
  • Strong order book value
  • Proven financial track record

Company Information

AddressA-801 To 803 Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G Highway Ahmedabad, Gujarat, 380054