Advanta Ltd(Merged) 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

Advanta Ltd(Merged) IPO Timeline

Open Date
26 Mar
Close Date
30 Mar
Basis of Allotment
Credit to Demat Account
Listing Date

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 an 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

Open Demat Account