Business Standard

Advanta Ltd(Merged) - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

216.32 cr

Price Range (₹)

640

Lot Size

10

Min Investment (₹)

6,400.00

Listing Exchange

MumbaiNSE

Open Date

26-Mar-2007

Close Date

30-Mar-2007

Listing Date

19-Apr-2007

Advanta Ltd(Merged) News

    The Shares of Advanta Ltd(Merged) have now been listed.

    Advanta Ltd(Merged) IPO Details

    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

    Objective of issue

    Investment in our Subsidiary, Advanta Holding B.V. Wokring Capital Requirement. General Corporate Purpose.

    Advanta Ltd(Merged) Contact Details

    Advanta Ltd(Merged), Satam Estate 3rd Fl, Cardinal Gracious Rd, Chakala Andheri (E), Mumbai 400099

    Phone -

    Fax -

    Email - investor@advantaindia.com

    Website - www.advantaindia.com