Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Advantal Technologies Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Advantal Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 30, 2024 |
| SEBI/Exchange approval received | Thu, May 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in October 2010, Advantal Technologies Limited specialises in custom software development, offering services like software products, digital transformation, managed IT, and DevOps to meet clients’ organizational goals.
The company provides a wide range of services, including web design, e-commerce, mobile apps, custom software, digital transformation, and AI/ML development.
The company operates in both domestic and international markets. Our clients are globally spread, primarily in the UK, USA, South Korea, Saudi Arabia, Kuwait, Cyprus, and Bahrain.
Advantal Technologies is ISO-certified for custom software engineering, IT infrastructure management, and telecom solutions, supporting installation, development, software modernization, and various IT projects.
The company offers services to industries such as Banking, Financial Services, Insurance, Defence and Government Agencies, IT Administrators in Businesses, Educational Institutions, Telecom Operators, Mobile and virtual mobile network operators, etc.
The company provides software products like ShieldCrypt,Shield360°,Sylog Server Software,IP Log Manager SMSC,andAAA with TACACS+& NAC. These enhance security, log management, and real-time monitoring for clients' data.
As of May 31, 2024, the company employs 111 people in various departments.
Competitive Strength:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 10.43 | 5.44 | 3.53 |
| Total Income | 15.27 | 10.65 | 6.95 |
| Profit After Tax | 4.57 | 1.38 | 0.45 |
| NET Worth | 7.34 | 2.77 | 1.39 |
| Reserves and Surplus | 7.34 | 2.77 | 1.39 |
| Total Borrowing | 0.65 | 0.45 | 7.34 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for inorganic growth and other strategic initiatives | 2.00 |
| 2 | Funding Capital Expenditure towards business expansion | 1.96 |
| 3 | Funding Working Capital requirements | |
| 4 | General Corporate Purpose |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 90.13% |
| ROCE | 78.54% |
| Debt/Equity | 0.09 |
| RoNW | 62.14% |
| PAT Margin | 30.15% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.98% |
Lead Manager Reports
Advantal Technologies IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Advantal Technologies IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Advantal Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Advantal Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Advantal Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Advantal Technologies IPO dates are not announced. Please check back again after some time.
Advantal Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Advantal Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Advantal Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Advantal Technologies IPO allotment status.
The Advantal Technologies IPO listing date is not yet announced. The tentative date of listing is .
