Advait Infratech IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 15/09 - 18/09
Issue Size ₹6.89 Cr
Issue Price ₹51
Market Lot 2000 Shares
Shares on Offer 1,350,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About Advait Infratech Limited

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.

Company Promoters

Mr. Shalin Sheth and Mrs. Rejal Sheth are the promoters of the company.

Company Financials

Particulars 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets (In ₹ Millions) 4,440.47 3,319.59 2,269.68
Total Revenue (In ₹ Millions) 2,852.38 2,852.38 2,852.38
Profit After Tax (PAT) (In ₹ Millions) 249.02 624.34 426.53

Advait Infratech Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 15 Sep 2020 0.05 0.13 0.09
Day 2 - 16 Sep 2020 0.91 0.54 0.73
Day 2 - 17 Sep 2020 1.37 1.43 1.40
Day 3 - 18 Sep 2020 1.53 2.32 1.92

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Advait Infratech Limited IPO FAQs

  1. When will Advait Infratech Limited IPO open?

    Advait Infratech Limited IPO will open on 15/09 and close on 18/09.

  2. What is the listing date of Advait Infratech Limited IPO?

    Advait Infratech Limited IPO will list on .

  3. What is the offer price of Advait Infratech Limited IPO?

    The offer price of Advait Infratech Limited IPO is ₹51.

  4. What is the lot size of Advait Infratech Limited IPO?

    The lot size of Advait Infratech Limited IPO is 2000.

  5. What is the Grey Market Premium (GMP) price of Advait Infratech Limited IPO?

    The Grey Market Premium (GMP) price of Advait Infratech Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Advait Infratech Limited IPO?

    The Kostak price of Advait Infratech Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Advait Infratech Limited IPO?

    The Subject to Sauda price for Advait Infratech Limited IPO is Not Available at the moment.

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