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Open
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Close
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Allotment
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Listing
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Issue Size
23,28,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 10.43 | 5.44 | 3.53 |
| Total Income | 15.27 | 10.65 | 6.95 |
| Profit After Tax | 4.57 | 1.38 | 0.45 |
| NET Worth | 7.34 | 2.77 | 1.39 |
| Reserves and Surplus | 7.34 | 2.77 | 1.39 |
| Total Borrowing | 0.65 | 0.45 | 7.34 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mobilise App Lab Ltd. | SME | ₹20.10 Cr | ₹80 | 11.88 | ₹67.30 | -15.88% | ₹113.00 (-3.95%) |
| Capillary Technologies India Ltd. | Mainboard | ₹877.50 Cr | ₹577 | 298.93 | ₹606.50 | +5.11% | ₹494.30 (-0.85%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for inorganic growth and other strategic initiatives | 2.00 |
| 2 | Funding Capital Expenditure towards business expansion | 1.96 |
| 3 | Funding Working Capital requirements | |
| 4 | General Corporate Purpose |
About Advantal Technologies IPO
Incorporated in October 2010, Advantal Technologies Limited specialises in custom software development, offering services like software products, digital transformation, managed IT, and DevOps to meet clients’ organizational goals. The company provides a wide range of services, including web design, e-commerce, mobile apps, custom software, digital transformation, and AI/ML development. The company operates in both domestic and international markets. Our clients are globally spread, primarily in the UK, USA, South Korea, Saudi Arabia, Kuwait, Cyprus, and Bahrain. Advantal Technologies is ISO-certified for custom software engineering, IT infrastructure management, and telecom solutions, supporting installation, development, software modernization, and various IT projects. The company offers services to industries such as Banking, Financial Services, Insurance, Defence and Government Agencies, IT Administrators in Businesses, Educational Institutions, Telecom Operators, Mobile and virtual mobile network operators, etc. The company provides software products like ShieldCrypt,Shield360°,Sylog Server Software,IP Log Manager SMSC,andAAA with TACACS+& NAC. These enhance security, log mana
Contact Details
Advantal Technologies Ltd. AddressUnit No. 527 & 528,5th Floor, Vipul Trade Centre,Sector 48, Sohna Road,Gurugram, Haryana, 122018+0124-4381845cs@advantal.netVisit Website