Advanta India Limited IPO (Advanta IPO) Detail

Mar 26, 2007 - Mar 30, 2007

Advanta India Limited is the leading international agronomic seed company based in Bangalore India. Advanta also operates in Australia, Thailand and Argentina.

Advanta is among global leaders in technical plant breeding and in the application of biotechnology to develop new hybrids and varieties of field crops and broad acre vegetable seed products, including sorghum, canola, sunflower, corn, hybrid rice and hybrid mustard.

Advanta's research and development efforts are in the areas of superior breeding programs and bioscience techniques that have driven the development of a portfolio of elite, proprietary and highly differentiated germplasm.

Advanta India Limited is a wholly-owned subsidiary of United Phosphorus Ltd. (“UPL”), an Indian company in the agrochemical business.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and
1. Investment in subsidiary, Advanta Holding B.V.;
2. Working capital requirements;
3. General corporate purpose; and
4. Meet Issue related expenses.

Advanta IPO Details

IPO Date Mar 26, 2007 to Mar 30, 2007
Listing Date Thursday, April 19, 2007
Face Value ₹10 per share
Price ₹600 to ₹650 per share
Lot Size 10 Shares
Issue Size3,380,000 shares of ₹10
(aggregating up to ₹216.32 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Advanta IPO Lot Size

The Advanta IPO lot size is 10 shares. A retail-individual investor can apply for up to 30 lots (300 shares or ₹195,000).

Application Lots Shares Amount
Retail (Min) 1 10 ₹6,500
Retail (Max) 30 300 ₹195,000

Advanta IPO Subscription Status (Bidding Detail)

The Advanta IPO is subscribed 3.98 times on Mar 30, 2007 5:00:00 PM. The public issue subscribed 0.26 times in the retail category, 6.47 times in the QIB category, and 0.20 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Advanta IPO Prospectus

Advanta IPO Rating

Rating:Rated 2.6 stars
Vote Here ...

Advanta IPO Listing Date

Listing Date Thursday, April 19, 2007
BSE Script Code 532840
Listing In B1 Group of Securities
ISIN INE517H01028
IPO Price ₹650 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Advanta India Limited
Advanta India Limited,
405, 4th Floor, 'A' Wing, Carlton Towers No. 1,
Airport Road, Bangalore 560 008, India
Phone: (+91 80) 2520 9941

Advanta IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Website: http://

Advanta IPO Review

Advanta IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Sorry, we couldn't find any reviews, please check back later.

Advanta IPO FAQs

Advanta IPO is a main-board IPO of 3,380,000 equity shares of the face value of ₹10 aggregating up to ₹216.32 Crores. The issue is priced at ₹600 to ₹650 per share. The minimum order quantity is 10 Shares.

The IPO opens on Mar 26, 2007, and closes on Mar 30, 2007.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Advanta IPO opens on Mar 26, 2007 and closes on Mar 30, 2007.

Advanta IPO lot size is 10 Shares and the minimum order quantity is .

You can apply in Advanta IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Advanta IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Advanta IPO allotment status.

The Advanta IPO listing date is on Thursday, April 19, 2007.
Open an Instant Account with Zerodha

Advanta IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



48. Neelish |   Link |Apr 21, 2007 6:20:35 PM
advanata india will definately bounce back to 1000.
47. Devan |   Link |Apr 20, 2007 1:24:49 AM
Where are the allotment details? Sharepro is giving First
source details? Where is advanta?
46. VIRAL N SHAH |   Link |Apr 19, 2007 7:18:32 PM
Kyo ho gaya na 1000
hona hi tha, hona hi tha,hona hi tha,
per tu daar gaya,
jo daar gaya samjo maar gaya,
isi liye jina hai to fortis ipo apply karke jiyo
45. Anonymous |   Link |Apr 19, 2007 4:34:26 PM
Hi am a Darpoak retail investor
And I agree I lost an oppurtunity....
44. GOODSEED |   Link |Apr 19, 2007 1:11:59 PM
Hi All,
Pl see my comment nor 37 below.
I had written that it will reach Rs 750.It surpassed that also and touched Rs 1000/.Average price is also Rs 835 till now at 12.10 PM.What a missed opportunity for all retail applicants.All applicants are allotted in full!!!So sad.
tanushree (msg 40)was even posting a message saying that I am new in ipo!!Now everyone cry cry.
43. Amit |   Link |Apr 19, 2007 11:26:12 AM
Tanuji ka to bahut hi pathetic nikla analysis. In name of analysis she seems to be skimming around comparing cheaper shares llike essar with a lesser capitalized stock like advanta which has a really great business model ad the capacity to outlast all the future sycpphants.

Also, this crap about promoter support is misplaced because the stock really has a lot of pent up demand and there are not many shares available for years to come.
42. stock tip |   Link |Apr 19, 2007 11:23:10 AM
hey what a strength of indian bank
Trading Call 1 - April 13, 2007 - 13-04-2007, 05:11 AM
Buy Indian Bank (NSE: INDIANB)CMP: 90.40Buy for a target of 95 - 105 - 108Stop Loss: 86Target Period: 20 - 25 days

strong buy@95
41. advanta |   Link |Apr 19, 2007 11:19:05 AM
hey promoter driving this stock in bad sentiment.
sold @1000 & cover @890
40. Arindam Dasgupta |   Link |Apr 12, 2007 2:37:28 PM
has the shares been alloted? when is the listing?
39. tanushree |   Link |Apr 12, 2007 1:19:18 AM
Goodseed have u read demand and supply.atleast we are sure icra will give good profits.But advanta who says have any premium .I assure you it will list below issue price 40-50 rs down.By the way who will buy this stock no non retail and retail.wew qib able to save cairn becoz no demand.morever advanat was very bad ipo and icra is an excellent issue.seems you are new in ipo.
38. Arindam Dasgupta |   Link |Apr 11, 2007 1:29:49 PM
Has anyone got the share allotment? Or refund? When it is going to be listed?
37. zakir hussain |   Link |Apr 11, 2007 12:22:36 PM
when will be the listing date?
36. GOODSEED |   Link |Apr 7, 2007 12:59:15 PM
Hi All,
If you thought you were lucky for not having applied to Advanta just wait till it is listed.
It is going to list at Rs750 and quote higher throughout.Strong promoters will not allow the share price to fall.Izzat ka sawaal hai!! Remember GMR infra.
There are no Dharpoak retail individuals to sell in panic.Because they did not even apply!!
The QIB portion was oversubscribed by 6.47 times and they have unfulfilled demand for the stock.Wait and watch.If you are smart pick up on listing and see it go up and up.

All you guys ran after ICRA and how many did you get allotted??? 20 shares by lottery for every third applicant if at all, even after investing Rs 99000 ie one out of three.Assuming that it lists even at Rs 660 which is double the issue price, how much is the gain - notional or real - 330*20=Rs 6600.Mind you this is for every third applicant and not for all.
If you had applied for Advanta with the same Rs 99000 you would be allotted 150 shares.It is going to list at Rs 750 which is at a gain of Rs 110 per share.You will end up getting Rs 16,500 as profit.Which is better ICRA or Advanta??So don't follow th market like sheep.Analyse the situation yourself well and then be a brave heart.
My condolences to all who did not apply.Stock market is not the place for chicken or the chicken hearted.
35. amitkumararora |   Link |Apr 2, 2007 12:20:14 AM

Kaveri Seeds IPO files for DRHP with SEBI
First it was ADVANTA IPO which is in seed business got subscribed by 4 times,Next its Kaveri Seeds whihc has opted IPO line to grow its business,We will see some details about the company.
Kaveri Seed Company Limited is in the service of Indian farmer for more than three decades now, with a record accomplishment of high performance products and highest quality standards, the Company takes pride in its reputation as a 100-percent Indian Company with a national presence.

Kaveri has become synonymous with premium quality seeds possessing genetically superior traits.Kaveri has a sizable share in Indian seed market. Its product development line is full of new hybrids with high yielding potential together with tolerance to major pest and diseases.

34. asit |   Link |Mar 31, 2007 9:00:01 PM
Thanks God,not appling advanta,otherwise we get 5 times shares and amount is half on listing.
33. amitkumararora |   Link |Mar 31, 2007 8:20:17 PM
Dhanus Technologies IPO files for DRHP with SEBI
Dhanus Technologies Ltd. is a rapidly growing Communications Services Company. The company, incorporated in 1993, offers Telecom Services, is into Tele-services, IT/ ITES and Telematics. The group has also interests in heavy engineering and infrastructure industries. The company has a strong product development team specializing in Communication Technologies, Logistics & Unified Messaging.The Company is headquartered in Chennai, India & has operations in New Delhi, as well as California, US.
Financials : As of June 2006 Year end results have declared a sales of 216 crore and a profit of 130 crore.They have filed for DRHP with SEBI.

32. manish |   Link |Mar 31, 2007 4:59:40 PM
forget about premium it will list at appx 400-450 zone.good company but highly priced.instead you buy niittech ,hexaware,cinemax,idea at current level
31. Tanushree Datta |   Link |Mar 31, 2007 1:42:12 PM
Mr.Ketan Gandhi i will prey to god, to save you.
30. Dilip Dave |   Link |Mar 31, 2007 1:39:22 PM
Mr. Ketan Gandhi i can say confidently that Advanta will open in discount.
29. TR |   Link |Mar 29, 2007 7:15:26 PM
Hi all,
Can look at following stocks to buy:
Sobha developer 920 rs(20 days)
Parsvnath 460 (2 months)
Cinemax 175(1 month)
First source 150(2months)
Shivalik global 90 rs(2 months) from inside sources news

One can average it in cairn .Ofcourse cairn would not go up sonn but people who have patience with it can get good
profits.remeber what happened to allcargo logistics and see where it is now after almost 1 yr.