Advait Infratech Limited SME IPO
(i) The company is into the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. They operate with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing and providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of similar products, and manufacturing through OEM of the stringing Tools.
(ii) The major Products and Solutions offered by the company are as below :
a) Optical Fibre Ground Wire (OPGW) and OFC cables and its solutions.
b) Insulators for the EHV – Extra High Voltage Transmission Lines.
c) Stringing Tools for the construction of Transmission lines.
d) Gas Insulators Sub Stations supply from our partners and providing end to end solutions.
e) Earthing Solutions.
f) Transmission line and Sub Station Lines specialized products.
(iii) The Company has expanded its verticals by venturing into the manufacturing of OPGW (Optical Fibre Ground Wire) and OFC Cables. The company has put up a manufacturing company, TG Advait India Private Limited through a joint venture with Jiangsu Tongguang Optical Fiber Cable Co.,Ltd.
Objects of the Advait Infratech Limited SME IPO:
Advait Infratech Limited SME IPO Details:
|Open Date:||Sep 15 2020|
|Close Date:||Sep 18 2020|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Issue|
|Issue Size:||6.89 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 51 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 28 2020|
Promoters And Management:
Financials of Advait Infratech Limited SME IPO:
|Profit before tax||652||849||396||314|
|EPS in Rs||8||12||5||3|