Advait Infratech Ltd

About the Company:

Advait Infratech Ltd is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields.

Company operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing and providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station.

Company has expanded its verticals by venturing into manufacturing of OPGW (Optical Fibre Ground Wire) and OFC Cables.

Company has put up a manufacturing company, TG Advait India Private Limited through a joint venture with Jiangsu Tongguang Optical Fiber Cable Co.,Ltd.



The major Products and Solutions offered by us are as below :

  • Optical Fibre Ground Wire (OPGW) and OFC cables and its solutions.
  • Insulators for the the EHV – Extra High Voltage Transmission Lines.
  • Stringing Tools for construction of Transmission lines.
  • Gas Insulators Sub Stations supply from our partners and providing end to end solutions.
  • Earthing Solutions.
  • Transmission line and Sub Station Lines specialized products.


Company’s Revenue Model: 


Management Team:

  1. Mr. Shalin Sheth (Designation: Managing Director)
  2. Mrs. Rejal Sheth (Designation: Whole-Time Director & CFO)



Objectives of the Issue:

  • Working Capital Requirement.
  • General Corporate Purpose.



Peer Group Comparison:

  • We believe that no other listed company which is specifically comparable to us with respect to size and our business model.


Financials of the Company:

(in Crores) FY 17 FY 18 FY 19 31st Dec 19
Revenue 29.63 45.35 28.52 33.83
Net Profit 4.26 6.24 2.49 1.30


IPO Details:

Details Info
Issue Opens on 15th September 2020
Issue Closes on:. 18th September 2020
Issue Price Rs.51
Face Value Rs.10
Minimum Lot 2000 shares
Minimum Investment Rs.1,02,000
Issue Constitutes 26.47%
Issue Size Rs.6.88 cr
Market Cap Rs.26.01 cr
Listing at BSE SME
Equity Shares Offered 13,50,000
Equity Shares Prior to the Issue 37,50,000
Equity Shares after the Issue 51,00,000


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
6.64 7.6 13.20% 50.21



Company Contact Info:
Advait Infratech Ltd
A-801 To 803 Sankalp Iconic,
Opp. Vikram Nagar, Iscon Temple Cross Road,
S.G Highway Ahmedabad. 380054.
Tel No: +91-79-48956677



IPO Registrar Info:
Selenium Tower-B, Plot No. 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Telangana – 500 032.
Tel No.: +91 – 40 – 6716 2222



Lead Manager to the Issue:
501, A. N. Chambers, 130, Turner Road,
Bandra West, Mumbai-400 050
Tel No.: +91 – 22 – 26431002