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Advitiya Trade IPO is a fixed price issue of ₹4.31 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹4.31 crore.
Advitiya Trade IPO bidding started from Mar 14, 2018 and ended on Mar 16, 2018. The shares got listed on BSE SME on Mar 26, 2018.
Advitiya Trade IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to Advitiya Trade IPO RHP for detailed Information.
| IPO Date | March 14, 2018 to March 16, 2018 |
| Listing Date | March 26, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,72,000 shares (aggregating up to ₹4.31 Cr) |
| Reserved for Market Maker | 1,52,000 shares Aryaman Capital Markets Ltd. (aggregating up to ₹0.2280 Cr) |
| Net Offered to Public | 27,20,000 shares (aggregating up to ₹4.08 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,40,000 shares |
| Share Holding Post Issue | 99,12,000 shares |
Advitiya Trade IPO offers total 28,72,000 shares. Out of which 13,60,000 (47.35%) allocated to NII, 13,60,000 (47.35%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,52,000 (5.29%) |
| NII (HNI) Shares Offered | 13,60,000 (47.35%) |
| Retail Shares Offered | 13,60,000 (47.35%) |
| Total Shares Offered | 28,72,000 (100.00%) |
Advitiya Trade IPO opens on March 14, 2018, and closes on March 16, 2018.
| IPO Open Date | Wed, Mar 14, 2018 |
| IPO Close Date | Fri, Mar 16, 2018 |
| Tentative Listing Date | Mon, Mar 26, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Mar 16, 2018 |
Investors can bid for a minimum of 8,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Incorporated in 2017, Advitiya Trade India Limited is Paharganj, Central Delhi based company engaged in the trading of glass products, aluminium products, cotton fabrics, Printing Machines and other products. The promoters of the company have been in this business through family proprietary concerns. The promoter family has been operating under various other proprietary concerns in similar line of business since 1996.
Company's strengths
1. Experienced Promoters and a well trained employee base.
2. Strong Balance Sheet and Financial Condition with low debt and high equity.
3. Existing relationships helps company to get repeat business from its customers.
| Particulars | For the year/period ended (in Rs. lakhs) | |||||
|---|---|---|---|---|---|---|
| 30-Nov-17 | 31-Mar-17 | |||||
| Total Assets | 1,507.84 | 98.20 | ||||
| Total Revenue | 1,971.75 | - | ||||
| Profit After Tax | 36.34 | -4.89 | ||||
The Company Advitiya Trade IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirements | 3.70 |
| 2 | Funding expenditure for General Corporate Purposes | 0.18 |
[Dilip Davda] <p>An aggressively priced offer from a company having very little performance is a risky bet. There is no harm in giving it a miss.</p> Read detail review...
| Listing Date | March 26, 2018 |
| BSE Script Code | 541152 |
| NSE Symbol | GOYALALUM |
| ISIN | INE705X01018 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.01 |
| Low | ₹15.01 |
| High | ₹15.76 |
| Last Trade | ₹15.76 |
Advitiya Trade India Ltd.
2814/6 Ground Floor, Chuna Mandi,
Paharganj,
Central Delhi,
New Delhi, New Delhi, 110055
Phone: +91 11 4953 6409
Email: info@advitiyatradeindia.com
Website: http://www.advitiyatrade.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Advitiya Trade IPO is a SME IPO of 28,72,000 equity shares of the face value of ₹10 aggregating up to ₹4.31 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on March 14, 2018, and closes on March 16, 2018.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Advitiya Trade IPO using UPI as a payment gateway. Zerodha customers can apply in Advitiya Trade IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Advitiya Trade IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Advitiya Trade IPO opens on March 14, 2018 and closes on March 16, 2018.
Advitiya Trade IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Advitiya Trade 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 Advitiya Trade IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Advitiya Trade IPO allotment status.
The Advitiya Trade IPO listing date is on Monday, March 26, 2018.
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