Advantal Technologies IPO Details

SME NSE

Advantal Technologies IPO Summary

Advantal Technologies IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Pre-issue shareholding stands at 65,00,000, which will increase to 88,28,000 post-issue.

Advantal Technologies IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Advantal Technologies IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Advantal Technologies Limited DRHP.

Advantal Technologies IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

65,00,000 shares

Post-issue Shareholding

88,28,000 shares

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Exchange Approval Received

Advantal Technologies IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Advantal Technologies IPO Reservation

Promoter Holding

Pre Issue:

Post Issue:

Documents

DRHP

Advantal Technologies IPO DRHP

Advantal Technologies IPO Valuations

ROE90.13%

ROCE78.54%

DEBT/EQUITY0.09

RONW62.14%

PAT MARGIN30.15%

Advantal Technologies Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10.43	5.44	3.53
Total Income	15.27	10.65	6.95
Profit After Tax	4.57	1.38	0.45
Net Worth	7.34	2.77	1.39
Reserves and Surplus	7.34	2.77	1.39
Total Borrowing	0.65	0.45	7.34
Amount in ₹ Crore

About Advantal Technologies IPO

Incorporated in October 2010, Advantal Technologies Limited specialises in custom software development, offering services like software products, digital transformation, managed IT, and DevOps to meet clients’ organizational goals.

The company provides a wide range of services, including web design, e-commerce, mobile apps, custom software, digital transformation, and AI/ML development.

The company operates in both domestic and international markets. Our clients are globally spread, primarily in the UK, USA, South Korea, Saudi Arabia, Kuwait, Cyprus, and Bahrain.

Advantal Technologies is ISO-certified for custom software engineering, IT infrastructure management, and telecom solutions, supporting installation, development, software modernization, and various IT projects.

The company offers services to industries such as Banking, Financial Services, Insurance, Defence and Government Agencies, IT Administrators in Businesses, Educational Institutions, Telecom Operators, Mobile and virtual mobile network operators, etc.

The company provides software products like ShieldCrypt,Shield360°,Sylog Server Software,IP Log Manager SMSC,andAAA with TACACS+& NAC. These enhance security, log management, and real-time monitoring for clients' data.

As of May 31, 2024, the company employs 111 people in various departments.

Competitive Strength:

Capabilities spanning the digital lifecycle from requirement gathering to deployment and maintenance.
Customer base across diverse Industries.
Experienced Promoters supported by an experienced team.
An ISO 9001:2015 & ISO/IEC 27001:2022 certified company.

Strength Of Advantal Technologies IPO

To be announced

Risk Of Advantal Technologies IPO

To be announced

Objectives Advantal Technologies IPO

1. Funding for inorganic growth and other strategic initiatives

2. Funding Capital Expenditure towards business expansion

3. Funding Working Capital requirements

4. General Corporate Purpose

Company Contact Details

Advantal Technologies Ltd.
Unit No. 527 & 528,
5th Floor, Vipul Trade Centre,
Sector 48, Sohna Road,
Gurgaon, Haryana, 122018
Phone: +0124-4381845
Email: cs@advantal.net
Website: https://advantaltechnologies.com/

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

To be announced

Advantal Technologies FAQs

The Advantal Technologies IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Advantal Technologies IPO opens on TBA.

Advantal Technologies IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Advantal Technologies IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Advantal Technologies IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Advantal Technologies IPO allotment status for updates.

The listing date for the Advantal Technologies IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Advantal Technologies IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.