Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Wed, Mar 14, 2018 - Fri, Mar 16, 2018
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Mar 14, 2018
IPO Close
Fri, Mar 16, 2018
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹14.87 Cr
| IPO Date | 14 to 16 Mar, 2018 |
| Listed on | Mon, Mar 26, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 28,72,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,52,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.2280 Cr) |
| Fresh Issue (Ex Market Maker) | 27,20,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 27,20,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 70,40,000 shares |
| Share Holding Post Issue | 99,12,000 shares |
| BSE Script Code | 541152 GOYALALUM |
| ISIN | INE705X01018 |
Advitiya Trade IPO comprises a total issue size of 28,72,000 shares. The net offer to the public is 27,20,000 shares, after excluding 1,52,000 shares allotted on a firm basis. Of the Net offer 13,60,000 (50.00%) allocated to NII 13,60,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 13,60,000 | 50.00% | 47.35% |
| Retail Shares Offered | 13,60,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,52,000 | 5.29% | |
| Total Shares Offered | 28,72,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.70 |
| 2 | Funding expenditure for General Corporate Purposes | 0.18 |
The Advitiya Trade IPO is subscribed 1.1 times on March 16, 2018 5:00:00 PM (Day 3). The public issue subscribed 0.25 times in the retail category, [.] times in the QIB category, and 1.95 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.95 | 13,60,000 | 26,48,000 |
| Retail | 0.25 | 13,60,000 | 3,36,000 |
| Total | 1.1 | 27,20,000 | 29,84,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.30 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.02 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc. | 0.05 |
| 4 | Listing Fees, Market Regulatory & Other Expenses | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.01 |
| Low | ₹15.01 |
| High | ₹15.76 |
| Last Trade | ₹15.76 |
Lead Manager Reports
Advitiya Trade IPO is a SME IPO of 28,72,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Wed, Mar 14, 2018, and closes on Fri, Mar 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 Wed, Mar 14, 2018 and closes on Fri, Mar 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 Mon, Mar 26, 2018.
