Exchanges
BSE, NSE
Industry
Other Agricultural Products
Issue
Book building

Advanta India IPO

₹845.50

+32.11% on listing

Listing-day close · NSE · 19 Apr 2007 · issue price ₹640

Advanta India’s ₹216 crore IPO was priced at ₹640 a share. It listed on the NSE on 19 Apr 2007 and closed its first day at ₹845.50, up 32.11% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹216 Cr
Fresh issue
₹216 Cr
Offer for sale
—
Lot size
10 shares
Minimum investment
₹6,400
Face value
₹10
Registrar
Sharepro Services

Subscription

Advanta India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.45×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,077 Cr
Promoter holding
82.52% → 65.96%

From the offer documents.

Listing

Listing date
19 Apr 2007
Issue price
₹640
Open
₹665.00
High
₹1,000.00
Low
₹585.35
Close
₹845.50

Listing day on the NSE. The close was +32.11% on the issue price.

FAQs

When did the Advanta India IPO open and close?

It opened on 26 Mar 2007 and closed on 30 Mar 2007.

What was the Advanta India IPO price?

The price band was ₹600–650 a share. The final issue price was ₹640.

What is the lot size and minimum investment?

One lot is 10 shares, ₹6,400 at ₹640 a share. Retail investors apply in whole lots.

How much did Advanta India raise?

₹216 crore: ₹216 crore of new shares.

How many times was the Advanta India IPO subscribed?

3.45 times overall.

How did Advanta India list?

It listed on the NSE on 19 Apr 2007 at ₹665.00 and closed the day at ₹845.50, up 32.11% on the ₹640 issue price.

Who is the registrar of the Advanta India IPO?

Sharepro Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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