ADVAIT INFRATECH IPO DETAILS

Subscription Period from 15th September to 18th September 2020:

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To start with, Advait Infratech Limited embodied in 2010 and situated in Ahmedabad. The organization works in the force framework industry. The IPO membership period will begin on fifteenth September and it will end on eighteenth September 2020.

Initial public offering Details:

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Bid Period:  15th September to 18th September 2020

IPO Type: Fixed Price Issue IPO

IPO Size: 13,50,0000 Eq Shares of Rs. 10

Fresh Issue:  13,50,000 Eq Shares of Rs. 10

Face Value: Rs. 10 per equity share

IPO Price: Rs. 51 per equity share

Market Lot 2000 Shares

Minimum Order Quantity: 2000 Shares

Listing At: BSE SME

The organization presented a 'Fixed Price Issue' type first sale of stock with the assumed worth of Rs. 10 for each value share. Initially, Advait Infratech Ltd. provided an issue size of 13,50,000 value imparts to a totaling of Rs. 6.89 Cr. Correspondingly, the value band of the issue from Rs. 51 for each value share. Additionally, the organization giving the new issue of 13,50,000 offers with a totaling of Rs. 6.89 Cr. 

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The market part and least request amount of the issue is 2,000 offers for every each. On the off chance that any speculator ought to put resources into this organization with a base venture sum ought to be Rs. 1,02,000 (1 lot=2,000 share). Additionally, the greatest venture sum ought to be Rs. 1,02,000 (1 lot= 2,000 offers).

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Advait Infratech  Promoter Holdings:

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The advertisers of this underlying public offer are Mr. Shalin Sheth and Mrs. Rejal Sheth.

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Pre Issue Share Holding: 99.99%

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Post Issue Share Holding The object of the Advait Infratech, it needs to use the IPO raised sum for the working capital prerequisites, general corporate reason. The organization offers will be list on the BSE SME.

SME IPO Registrar:

KFintech Private Limited

Nankramguda, Rangareddi,

Telangana, India – 500 032.

Phone: +1-800-3454001

Email: ail.ipo@kfintech.com

Website: http://karisma.kfintech.com/

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.