The Advitiya Trade date has been confirmed from March 14, 2018 and ended on March 16, 2018.
Advitiya Trade Developers IPO is a fixed price issue of Rs 4.31 crores. The price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
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Bidding Dates
March 14-16
Price Range
₹15 per share
Face Value
₹10 per share
GMP
₹10.00
Advitiya Trade IPO GMP
The Advitiya Trade IPO GMP is ₹10.00.
IPO Overview
Advitiya Trade IPO is a Rs 4.31 crore fixed price issuance. Bidding for the Advitiya Trade IPO began on March 14, 2018 and finished on March 16, 2018. On March 26, 2018, the shares were listed on the BSE SME. The IPO price for Advitiya Trade is ₹15 per share. An application requires a minimum lot size of 8000 Shares. Retail investors must make a minimum investment of ₹120,000 to participate.
Company’s strengths
- Experienced Promoters and a well trained employee base.
- Strong Balance Sheet and Financial Condition with low debt and high equity.
- Existing relationships helps company to get repeat business from its customers.
Advitiya Trade IPO Details
| IPO Date | March 14, 2018 to March 16, 2018 |
| Listing Date | March 26, 2018 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 2,872,000 shares (aggregating up to ₹4.31 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 152,000 shares |
Advitiya Trade Company Financials
| 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 | ||||
Advitiya Trade IPO Listing Details
| Listing Date | March 26, 2018 |
| BSE Script Code | 541152 |
| NSE Symbol | GOYALALUM |
| ISIN | INE705X01018 |
| Final Issue Price | ₹15 per share |
Company Profile
Advitiya Trade India Limited, founded in 2017, is a Paharganj, Central Delhi-based firm that trades glass, aluminium, cotton fabrics, printing machines, and other products. The company’s promoters have been in the business through family proprietary enterprises. Since 1996, the promoter family has been working under numerous additional private firms in a similar line of business.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | virenr@skylinerta.com |
| Website | skylinerta.com |
Contact Details
| Name | Advitiya Trade India Limited |
| Phone number | +91 11 4953 6409 |
| Email ID | info@advitiyatradeindia.com |
| Website | advitiyatrade.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
