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Advait Infratech IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Infrastructure sector. Isk Advisors is the merchant banker of Advait Infratech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th June 2020.
Advait Infratech IPO open date is 15th September 2020 and close date is 18th September 2020. IPO Allotment Date is 25th September 2020 and Listing date is 28th September 2020.
IPO
Size:
₹ 6.89 Cr.
Avg IPO Size (Sector Based)
: ₹
27.63 cr.
Sector: Infrastructure
SME
IPO so far:
37
Merchant Banker:
Isk Advisors
SME
IPO by BRLM so far:
9
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
45.81
cr. 
PE
Ratio:
48.11x
Average Sector PE Ratio: 18.18x
Advait Infratech IPO size is ₹ 6.89 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Isk Advisors Private Limited is the book-running lead manager of the Advait Infratech IPO. Kfin Technologies Limited is the Registrar and Market Maker is NNM Securities Private Limited for Advait Infratech IPO.
Advait Infratech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Advait Infratech IPO, based in Ahmedabad, operates in the Infrastructure sector with a focus on Providing products and solutions for power transmission. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Advait Infratech IPO size is ₹ 6.89 Cr. with fresh issue size of ₹ 6.89 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Advait Infratech IPO is expected to be 25th September 2020, after the finalization of basis of allotment. Investors can check Advait Infratech IPO allotment status on the registrars website, Kfin Technologies Limited. Advait Infratech IPO refund dates are 28th September 2020.
Advait Infratech IPO is expected to be listed on 28th September 2020.
The upper price band for the Advait Infratech IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Advait Infratech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Advait Infratech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th September 2020. After submission, funds are blocked until the basis of allotment of Advait Infratech IPO is finalised.
The merchant banker for Advait Infratech IPO is Isk Advisors Private Limited . Isk Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Advait Infratech IPO RHP for further details.
The registrar for Advait Infratech IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Advait Infratech IPO through their official website or helpline.
Advait Infratech IPO was subscribed 1.92 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.89 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.63 Cr.
Sector: Infrastructure
SME
IPO so far:
37
Merchant Banker:
Isk Advisors
SME
IPO by BRLM so far:
9
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 44.52 cr.
PE
Ratio:
48.11x
Average Sector PE Ratio: 18.18x
Advait Infratech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Advait Infratech Financial Review Page
Merchant Banker(s) of Advait Infratech IPO: Isk Advisors Private Limited
Advait Infratech IPO subscription was 1.92 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.
Advait Infratech IPO listed at a listing price of 51.55 against the offer price of 51.00.
The current market price of Advait Infratech is 1139.85.
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