Advait Infratech Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹51 - ₹51
- Lot size
- 2,000 shares
- Issue amount
- ₹6.89 cr
- Total subscription
- 0×
- Opens
- 15 Sept 2020
- Closes
- 18 Sept 2020
- Allotment
- 25 Sept 2020
- Listing
- 28 Sept 2020
Offer at a glance
Issue overview
- Issue size
- 13,50,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹6.89 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,02,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 37,50,000
- Shares after issue
- 51,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,02,000 |
| HNI | 2 | 4,000 | ₹2,04,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 3.44 | 7.98 |
| NIB | 3.44 | 5.25 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Advait Infratech Limited, incorporated in 2010 and headquartered in Ahmedabad, operates in the power infrastructure sector with diversified business verticals that include turnkey telecommunication projects, power transmission installation, power substations, telecom products, and liaisoning and marketing services catering to the power industry. As of September 2020, the company had completed over 100 projects and served more than 100 clients globally, with a strong client base comprising leading names such as Cobra, Jindal Steel & Power, Siemens, Sterlite Power, Tata Projects, JSW Energy, KEC International, Kalpataru Power Transmission, NSG Group, and NCC. Advait Infratech maintains a nationwide presence through affiliated members across major cities including Delhi, Kolkata, Ahmedabad, Chennai, Vadodara, Hyderabad, and Mumbai, and further strengthened its operations in 2019 by setting up an OPGW and OFC cable manufacturing facility in Sanand, Gujarat, through a joint venture with China-based TG Group, a prominent optical fibre cable manufacturer.
Strengths
- Strong Client Base – Serving a wide range of customers in both domestic and international markets.
- Diversified Product Portfolio – Offering multiple solutions across power transmission, telecom, and infrastructure sectors.
- Robust Order Book – A strong pipeline of ongoing and upcoming projects.
- Proven Financial Track Record – Consistent growth and stability in financial performance.
Promoters
Mr. Shalin Sheth
Mrs. Rejal Sheth
Registrar & documents
Lead manager
Isk Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-801 To 803 Sankalp Iconic, Opp. Vikram Nagar Iscon Temple Cross Road, S.G Highway Ahmedabad, Gujarat-380054
91-79-48956677
[email protected]Company website ↗Understanding ADVAIT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.