Monday, September 14, 2020

Advait Infratech IPO Date, Review, Price Band, Form, Allotment & Market Lot


Advait Infratech is being a part of vibrant power infrastructure industry. Advait Infratech Limited is a Ahmedabad-based company which provides products and solutions in the power transmission, power substation and telecommunication infrastructure sectors. It was founded in 2009 and was recently offered Initial Public Offering and got listed at the Bombay Stock Exchange in 2020. They have footprints through our affiliated team members in Ahmedabad, Baroda, Delhi, Mumbai, Hyderabad, Kolkata and Chennai. Advait Infratech IPO is BSE SME IPO. The price band is fixed at ₹51 with issue size of 1,350,000 shares with ₹6.86 crores. The market lot is 2000 shares.


Advait Infratech IPO Review:

  • Avoid

Advait Infratech IPO Date & Price Band:

 IPO Open:  15 September 2020
 IPO Close:  18 September 2020
 IPO Size:  Approx ₹6.89 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹51 Per Share
 Listing on:  BSE SME
 Retail Portion:  50%
 Equity:  13,50,000 Shares

Advait Infratech IPO Market Lot:

 Lot Size:  Minimum 2000 Shares
 Minimum Amount:  ₹102000


Advait Infratech IPO Allotment & Listing:

 Basis of Allotment:  September 2020
 Refunds:  September 2020
 Credit to Demat Account:  September 2020
 Listing Date:  September 2020

Advait Infratech IPO Form:

How to apply the Advait Infratech IPO? You can apply Advait Infratech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Advait Infratech IPO in the Invest section. The other option you can apply Advait Infratech IPO via IPO forms download via NSE and BSE. Check out the Advait Infratech forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Advait Infratech Business Financial:

  ₹ in Lakh

Revenue Expense PAT
2016 - - -
2017 - - -
2018 45.3
36.9 6.2
2019 28.5 24.6 2.5
2020 45.8 43.6 0.5

Company Promoters:

  • Mr. Shalin Sheth
  • Mrs. Rejal Sheth

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Advait Infratech IPO Registrar:

KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India - 500 032.
Phone: 1-800-3454001
Email: ail.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Advait Infratech IPO Subscription Numbers:

  •  The IPO Subscribed 1.92 times overall in which NII 1.53x times while RII 2.32x times overall.

Advait Infratech IPO Allotment Status:

  • Check Advait Infratech IPO allotment status on KFintech Private Limited website allotment URL. Click Here

Advait Infratech IPO Lead Managers:

  • ISK Advisors Pvt Ltd

Company Address:

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

Advait Infratech IPO FAQs:

1. When Advait Infratech IPO will open for NII, and Retail?
The IPO to open on 15 September 2020 for NII, and Retail Investors.

2. What is Advait Infratech IPO Investors Portion?
The investors' portion for NII-50%, and Retail-50%.

3. How to Apply the Advait Infratech  IPO?
You can apply Advait Infratech IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

4. What is Advait Infratech IPO Allotment Date?
Advait Infratech IPO allotment date is September 2020. You can check IPO allotment here.

5. What is Advait Infratech IPO Listing Date?
Advait Infratech IPO listing date is September 2020. The IPO to list on BSE SME Platform.