Advait Infratech Limited IPO

BSE SME

Listed On: Sep 28, 2020 at ₹ 51.95

₹ 102000 /2000 Shares

IPO Details

15 Sep, 2020

Open Date

18 Sep, 2020

Close Date

25 Sep, 2020

Allotment Date

28 Sep, 2020

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFintech Private Limited

List Price

51.95

Listing Date

2020-09-28

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

ISK Advisors Pvt Ltd

Issue Size

1,350,000 Eq Shares of ₹10 (aggregating up to ₹6.89 Cr)

Retail Portion

N/A

Subscription

1.92 times

IPO Docs

RHP DRHP

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

Valuations

Earnings Per Share (EPS)

₹1.06/-

P/E Ratio

48.13

RoNW

2.79%

Net Asset Value (NAV) - Post Issue

₹51.48/-

Company Financials All values are in ₹ Cr.

	31-Mar-20	31-Mar-19	31-Mar-18
Assets	51.37	44.40	33.19
Revenue	45.81	28.52	45.35
Profit After Tax	0.54	2.49	6.24

- Promoter(s)

Company Promoter(s)

Mr. Shalin Sheth
Mrs. Rejal Sheth

IPO - Issue Objectives

To meet general working capital requirement of the business
To meet general corporate purposes

IPO - FAQs

Ans. Advait Infratech Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 15, 2020, and closes on Sep 18, 2020. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Advait Infratech Limited IPO opens on Sep 15, 2020 and closes on Sep 18, 2020.

Ans. The size of Advait Infratech Limited IPO is 1,350,000 Eq Shares of ₹10 (aggregating up to ₹6.89 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Advait Infratech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Advait Infratech Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Advait Infratech Limited IPO is Sep 25, 2020.

Ans. The Advait Infratech Limited IPO will be listed on Sep 28, 2020.

Ans. Follow the steps to check the allotment status for Advait Infratech Limited IPO here.