Advanta Ltd(Merged) IPO


IPO Subscription Details

  • Open Date 26 Mar
  • Close Date 30 Mar
  • Lot Size 10
  • IPO Size ₹ 216.32 Cr
  • IPO Price Range ₹ 640
  • Min Investment ₹ 6400

IPO Synopsis

Public issue of 33,80,000 equity shares of Rs. 10 each of Advanta India Limited (Advanta India or the company or the issuer) for cash at a price of Rs.640/- per equity share (including a share premium of Rs.630/ per equity share) aggregating Rs.216.32 Crores (the issue). The issue will constitute 20.08% of the post issue paidup capital of the company. Issue Price is Rs.640/- per equity share of face value Rs. 10 each. The issue price is 64 times the face value

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Advanta Ltd(Merged) IPO

Contact Information

Plot No 3 to 11 Plot No A-2/1,
A/2/6 A-1/2 A2/2 A-2/2 GIDC,
VAPI, Gujarat 396195

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