Overview of the Business (i) Our company was incorporated as “Advitiya Trade India Limited”, a limited company under the provisions of Companies Act, 2013 on March 22, 2017. Subsequently, our Company has taken over the running concern in the name and style of “Goyal Sales” w.e.f April 01, 2017.
(ii) Our Company is a multi product trading organization operating in following verticals:
(a) ALLUMINIUM & OTHER METALS
(b) GLASS PRODUCTS
(c) TEXTILES (COTTON FABRICS)
(d) OFFSET PRINTING MACHINES AND ELECTRONICS.
(iii) Our Company is promoted by Sandeep Goyal and family who together have over two decades of experience in the trading circles of Delhi. They have been in this business through family proprietary concerns.
(iv) We operate from our registered office cum go-down located at Paharganj, Central Delhi as well as operate an additional godown space located nearby in the same area.
Advitiya Trade India Limited IPO Stock Quote & Charts
The company is raising 4.308 cr from this IPO by issuing 28,72,000 Shares at a fixed price of 15. The activities for which funds are being raised by the Company through the Present Issue are:
1. Working Capital Requirements= 3.698 cr
2. Funding expenditure for General Corporate Purposes= 18 lakh
3. Issue Expense= 43 lakh