Advait Infratech Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (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
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,428,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,834,000 |
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
Grey Market Premium (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
- Optical Fibre Groud Wire and OFC cables
- EHV (Extra High Voltage) transmission line insulators
- Tools for constructing transmission lines
- Gas insulators Sub Stations
- Earthing solutions
- 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