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Open
15 Sep 2020
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Close
18 Sep 2020
3
Allotment
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Listing
Mon, Sep 28, 2020
Price Band
₹51 per share
Issue Size
13,50,000 shares (agg. up to ₹7 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Sep 28, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.88x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|
| Assets | 51.56 | 44.37 | 33.16 |
| Total Income | 45.81 | 28.52 | 45.32 |
| Profit After Tax | 0.54 | 2.49 | 6.21 |
| NET Worth | 19.37 | 18.87 | 16.31 |
| Reserves and Surplus | 15.62 | 15.08 | 16.30 |
| Total Borrowing | 9.89 | 5.95 | 0.69 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gensol Engineering Ltd. | SME | ₹17.93 Cr | ₹83 | null | ₹86.25 | +3.92% | ₹35.58 (-4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 4.65 |
| 2 | General Corporate Purpose | 1.54 |
About Advait Infratech IPO
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 Transmissi
Contact Details
Advait Infratech Ltd. AddressA-801 To 803 Sankalp Iconic, Opp.Vikram NagarIscon Temple Cross RoadS.G HighwayAhmedabad, Gujarat, 38005491-79-48956677dipesh@advaitinfra.comVisit Website