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Advait Infratech

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 Price₹51.95
Listing Gain+1.86%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open15 Sep 2020
Close18 Sep 2020
Allotment25 Sep 2020
Listing28 Sep 2020

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker68,000 shares
5.04%
HNI6,41,000 shares
47.48%
Retail6,41,000 shares
47.48%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,02,000
HNI2 Lots (4,000 shares)
₹2,04,000

Company Promoters

Mr. Shalin ShethMrs. Rejal Sheth

Company Background

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 Septem...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹4581.26 Cr
Growth+1.1%
Revenue Trend (₹ in Crores)
0.01.8k3.5k5.3kMar-18Mar-19Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-204581.2654.045,155.620
Mar-192,852.38249.024,436.720
Mar-184,531.70620.593,315.840

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
25 Sep 2020
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
28 Sep 2020

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Advait Infratech. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization25 Sep 2020Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Sep 2020Trading commences on exchange

How to Check Advait Infratech Allotment Online

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Advait Infratech IPO

Complete issue overview for Advait Infratech (ADVAIT) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions