Advait Infratech Limited
IPO Details
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The Initial Public Offering of Advait Infratech Limited's culminated in its successful listing on Sep 28, 2020 at the BSE trading platform. The company secured 13,50,000 Shares through this capital market exercise, with 13,50,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹51 to ₹51, with minimum investment requirements of 2000 shares. The subscription period from Sep 15, 2020 to Sep 18, 2020 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Sep 25, 2020. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Advait Infratech Limited, incorporated in 2010 and headquartered in Ahmedabad, operates in the power infrastructure sector with diversified business verticals that include turnkey telecommunication projects, power transmission installation, power substations, telecom products, and liaisoning and marketing services catering to the power industry. As of September 2020, the company had completed over 100 projects and served more than 100 clients globally, with a strong client base comprising leading names such as Cobra, Jindal Steel & Power, Siemens, Sterlite Power, Tata Projects, JSW Energy, KEC International, Kalpataru Power Transmission, NSG Group, and NCC. Advait Infratech maintains a nationwide presence through affiliated members across major cities including Delhi, Kolkata, Ahmedabad, Chennai, Vadodara, Hyderabad, and Mumbai, and further strengthened its operations in 2019 by setting up an OPGW and OFC cable manufacturing facility in Sanand, Gujarat, through a joint venture with China-based TG Group, a prominent optical fibre cable manufacturer.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Client Base – Serving a wide range of customers in both domestic and international markets.
- Diversified Product Portfolio – Offering multiple solutions across power transmission, telecom, and infrastructure sectors.
- Robust Order Book – A strong pipeline of ongoing and upcoming projects.
- Proven Financial Track Record – Consistent growth and stability in financial performance.
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- Mr. Shalin Sheth
- Mrs. Rejal Sheth
Advait Infratech Limited
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