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 Opening DateMar 26, 2007
IPO Closing DateMar 30, 2007
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹600 to ₹650 per equity share
Market Lot10 Shares
Min Order Quantity10 Shares
Listing AtBSE, NSE
Issue Size3,380,000 Eq Shares of ₹10
(aggregating up to ₹216.32 Cr)

Advanta IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)
Minimum110₹6,500
Maximum30300₹195,000

Advanta IPO Subscription Status (Bidding Detail)

The Advanta IPO is subscribed 3.98x times on Mar 30, 2007 17:00. The public issue subscribed 0.26x in the retail category, 6.47x in the QIB category, and 0.20x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

3.98x

Advanta IPO Prospectus

Advanta IPO Rating

58
2.6
Rating:Rated 2.6 stars

Vote Here ...

Advanta IPO Listing Date

Listing DateThursday, April 19, 2007
BSE Script Code532840
NSE SymbolADVANTA
Listing InB1 Group of Securities
ISININE517H01028
IPO Price₹650 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹650.00
₹640.00
₹591.00
₹992.90
₹850.05
5,885,749
NSE
₹650.00
₹665.00
₹585.35
₹1,000.00
₹845.50
6,836,148

Advanta IPO Reviews / Ratings

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

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
Email: ipo@advantaindia.com
Website: http://www.advantaindia.com

Advanta IPO Registrar

Sharepro Services Private Limited
   13 AB Samhita Warehousing Complex,
   Off Andheri-Kurla Road, Sakinaka,
   Andheri (E), Mumbai - 400 072.

Phone: 9999999999
Email: ipoadvanta@shareproservices.com
Website: http://

Advanta IPO FAQs

  1. What is Advanta IPO?

    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 equity 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.

  2. When Advanta IPO will open?

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

  3. What is the lot size of Advanta IPO?

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

  4. How to apply for Advanta IPO?

    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.

  5. When Advanta IPO allotment?

    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.

  6. When is Advanta IPO listing date?

    The Advanta IPO listing date is on Thursday, April 19, 2007.

Advanta IPO Message Board

Ranked Members  Ranked Members

Loading...
48. Neelish |Apr 21, 2007 17:20
advanata india will definately bounce back to 1000.
47. Devan |Apr 20, 2007 00:24
Where are the allotment details? Sharepro is giving First
source details? Where is advanta?
46. VIRAL N SHAH |Apr 19, 2007 18:18
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 |Apr 19, 2007 15:34
Hi am a Darpoak retail investor
And I agree I lost an oppurtunity....
44. GOODSEED |Apr 19, 2007 12:11
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 |Apr 19, 2007 10:26
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 |Apr 19, 2007 10:23
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 |Apr 19, 2007 10:19
hey promoter driving this stock in bad sentiment.
sold @1000 & cover @890
40. Arindam Dasgupta |Apr 12, 2007 13:37
tanushree
has the shares been alloted? when is the listing?
39. tanushree |Apr 12, 2007 00:19
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 ipo.no becoz no demand.morever advanat was very bad ipo and icra is an excellent issue.seems you are new in ipo.
38. Arindam Dasgupta |Apr 11, 2007 12:29
Has anyone got the share allotment? Or refund? When it is going to be listed?
37. zakir hussain |Apr 11, 2007 11:22
when will be the listing date?
36. GOODSEED |Apr 7, 2007 11:59
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 |Apr 1, 2007 23:20

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 |Mar 31, 2007 20:00
Thanks God,not appling advanta,otherwise we get 5 times shares and amount is half on listing.
33. amitkumararora |Mar 31, 2007 19:20
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 |Mar 31, 2007 15:59
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 |Mar 31, 2007 12:42
Mr.Ketan Gandhi i will prey to god, to save you.
30. Dilip Dave |Mar 31, 2007 12:39
Mr. Ketan Gandhi i can say confidently that Advanta will open in discount.
29. TR |Mar 29, 2007 18:15
Hi all,
Can look at following stocks to buy:
Target
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.







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