73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Advance Syntex IPO (Advance Syntex Limited IPO) Detail

Advance Syntex Limited is an Textiles based company, located in Vadodara, Advance Syntex Limited IPO size was 2.52 Cr. and was issued at 12.00 per share. The share of Advance Syntex Limited were listed at 12.91 per share and are currently trading at 5.23 per share.

Type :
Sub Sector : Manufacturing Polyster And Yarn
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
45.63 Cr.

PAT :
1.23 Cr.

Pricing Report

Issue Price :
12.00

Listing Price :
12.91

Current Market Price :
5.23

Issue Price vs CMP :
6.77 (56.42%)

listing Price vs CMP :
7.68 (59.49%)

Performance Report (CAGR* wise)

CAGR : -8.89
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Advance Syntex

Company Information
Advance Syntex was originally incorporated as Advance Syntex Private Limited on September 21, 1990 under the provisions of Companies Act, 1956 with Registrar of Companies, Gujarat. The Company is mainly engaged in manufacturing of Metalized Films (MF), Lacquered (Coated) Metalized Polyester Films (LMPF), glitter powder (Zari Powder) and Metallic Yarn (Polyester Badla). Glitter Powder and Metallic Yarn are manufactured through Job Work of LMPF produced by the Company. They also produce modified resins, which is used as raw material in manufacturing of LMPF. Further, they are also engaged in the sale of polyester films (also known as BOPET films) and Biaxially Oriented Polypropylene Films (also known as BOPP films) after carrying of slitting operations on them. Additionally, they also provide services of coating of Metalized
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Object of Issue
  • To meet Working Capital Requirement
  • To Meet the Issue Expenses

Advance Syntex SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2016
IPO Size :
2.52 Cr.
PE Multiple :
7.00
Merchant Banker :
Hem Securities Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Advance Syntex operates in Textiles and Manufacturing Polyster And Yarn. The Issue is listed on BSE SME in Jul, 2016. Advance Syntex IPO size was 2.52 Cr. with Issue price of 12.00 .

Advance Syntex IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Advance Syntex IPO listed at a listing price of 12.91 against the offer price of 12.00.

The current market price of Advance Syntex is 5.23.

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