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Advait Infratech listed on BSE SME at Rs. 51.55 as against issue price of Rs.51

Advait Infratech becomes the 326th company to get listed on BSE SME Platform

Company : Advait Infratech Limited

Advait Infratech got listed on SME platform of Bombay Stock Exchange on 28, September, 2020.

The company shares hit the market on Sept 15, 2020, and closed on Sept 18, 2020. with an initial public offering of 13.50 lacs equity shares at the value of Rs.51 per equity share, aggregating to Rs.6.89 crore.

The shares of Advait Infratech are listed on the BSE SME Platform under MT Group of Securities. On 28th September, 2020, that is the first day of public listing, the script of Advait Infratech closed at Rs.51.55.

The listing code of Advait Infratech BSE SME is ADVAIT | 543230 | INE0ALI01010. Mr. Shalin Sheth and Mrs. Rejal Sheth are the promoters of the company.

Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. The company"s operations include Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing and providing end to end solutions. Advait Infratech also makes Optical Fibre Ground Wire (OPGW) and OFC cables, insulators for the Extra High Voltage (EHV) transmission lines.

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