Advait Infratech Limited IPO
BSE SME₹102,000 / 2000 Shares
Advait Infratech Limited IPO Details
The Advait Infratech Limited IPO price band is set between ₹51 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 15 Sep, 2020 and closes on 18 Sep, 2020. Investors can check the allotment status on 25 Sep, 2020, while the listing date is tentatively scheduled for 28 Sep, 2020.
The total issue size is 1,350,000 Eq Shares of ₹10 , aggregating up to ₹6.89 Cr. Stay tuned for the latest Advait Infratech Limited IPO review and GMP updates.
Advait Infratech Limited IPO Review, Rating & Analysis
Advait Infratech Limited IPO Review
NO REVIEWAdvait Infratech Limited IPO Rating
Advait Infratech Limited IPO Highlights
IPO Date
Sep 15, 2020 - Sep 18, 2020
Listing Date
28 Sep, 2020
Face Value
₹10 Per Equity Share
Price Band
₹51 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Advait Infratech Limited IPO Lot Size
The minimum market lot for Advait Infratech Limited IPO is 2000 shares with an application amount of ₹1,02,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Advait Infratech Limited IPO Timeline
Issue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFintech Private LimitedLead Manager
ISK Advisors Pvt LtdIssue Size
1,350,000 Eq Shares of ₹10 (aggregating up to ₹6.89 Cr)Advait Infratech Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 51.37 | 45.81 | 0.54 | - | - | - |
| 31 Mar 19 | 44.40 | 28.52 | 2.49 | - | - | - |
| 31 Mar 18 | 33.19 | 45.35 | 6.24 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Shalin Sheth
- Mrs. Rejal Sheth
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Advait Infratech Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 675,000 | 675,000 | 1,350,000 |
Day 1 -15-09-20 6:30 PM | 0.05 x | 0.13 x | 0.09 x |
Day 2 -16-09-20 6:30 PM | 0.91 x | 0.54 x | 0.73 x |
Day 3 -17-09-20 6:30 PM | 1.37 x | 1.43 x | 1.40 x |
Day 4 -18-09-20 6:30 PM | 1.53 x | 2.32 x | 1.92 x |
Frequently Asked Questions about Advait Infratech Limited IPO IPO
When will Advait Infratech Limited IPO open for subscription?
The Advait Infratech Limited IPO opens on 15 Sep, 2020 and closes on 18 Sep, 2020.
What is the investors portion for Advait Infratech Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 675000.
How to apply for Advait Infratech Limited IPO?
You can apply for Advait Infratech Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Advait Infratech Limited IPO?
The issue size of Advait Infratech Limited IPO is approx ₹1,350,000 Eq Shares of ₹10 (aggregating up to ₹6.89 Cr) crores.
What is the price band of Advait Infratech Limited IPO?
The price band for Advait Infratech Limited IPO is ₹51 per equity share to ₹undefined.
What is the lot size of Advait Infratech Limited IPO?
The minimum bid (lot size) for Advait Infratech Limited IPO is N/A shares with an investment of approx ₹102,000 .
What is the allotment date of Advait Infratech Limited IPO?
The allotment date for Advait Infratech Limited IPO is 25 Sep, 2020.
What is the listing date of Advait Infratech Limited IPO?
The listing date for Advait Infratech Limited IPO is expected to be 28 Sep, 2020.
What is the GMP of Advait Infratech Limited IPO?
The latest Grey Market Premium (GMP) for Advait Infratech Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.