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Advait Infratech Limited

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.

₹51 - ₹511.92x sub
Listed Price51.95
Listing Gain+1.86%
TimelineFixed Price Issue IPO
Open15 Sep 2020
Close18 Sep 2020
Allotment25 Sep 2020
Listing28 Sep 2020

Quota Reservation Portions

Market MakerPortion: 68,000 shares
5.04%
HNIPortion: 6,41,000 shares
47.48%
RetailPortion: 6,41,000 shares
47.48%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,02,000
HNI2 lots / 4,000 shares
₹2,04,000

About the Company

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.

Company Promoters

Mr. Shalin ShethMrs. Rejal Sheth