IPO Details
Advait Infratech Ltd.
A-801 To 803 Sankalp Iconic, Opp. Vikram Nagar, Iscon Temple CrAhmedabad, Gujarat - 380054
Phone: 48956677

Public Issue of 1350000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 41.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
15/09/202018/09/202051.00 -
Lead Managers Registrar Listed at
ISK ADVISORS PRIVATE LIMITED
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
Object of the issue

The Objects of the Net Issue is to raise funds for:

(a) Working Capital Requirement,
(b) General Corporate Purpose.

Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.70
WORKING CAPITAL REQUIREMENTS4.65
GENERAL CORPORATE EXPS.1.54
TOTAL COST6.89
Means of Finance
(₹ in Crs.)
PUBLIC ISSUES6.89
TOTAL COST6.89
Promoted by

THE PROMOTERS OF THE COMPANY ARE:

1. Mr. Shalin Sheth
2. Mrs. Rejal Sheth

1. Mr. Shalin Sheth : Shalin Sheth, aged 46 years, is the Promoter and Managing Director of the Company. He has been on the Board since the incorporation of the Company and has been redesignated as Managing Director w.e.f. August 01, 2019. He holds Bachelor's Degree in Mechanical Engineering from BVM College, Sardar Patel University, Gujarat. He had done PGDMA from Ahemdabad Management Association. Post qualification, he had worked with Kalpataru Power
Transmission Ltd. and Adani Power Limited. He has experience of more than a decade in electricity transmission and
distribution industry. His functional responsibility in the Company involves handling the overall business affairs of the
Company including planning business marketing strategies, capacity expansion, and overall development of the business of the Company.

PAN : ACMPS6432J
Passport No. : S2524928
Driver?s License : GJ18 19940022777
Voter?s ID No. : UHH2872505
Adhaar Card No. : 5531 4550 5002

2. Mrs. Rejal Sheth : Rejal Sheth, aged 43 years, is the Promoter, Wholetime Director and CFO of the company. She has been associated with the company since incorporation as Director and has been redesignated as Whole Time Director And CFO of the Company. She holds Bachelor's Degree in Commerce from NM college of Commerce and Economics, University of Mumbai. She has been providing advisory services to the Company. Further, she leads the finance function of the Company.

PAN : ATZPS9381A
Passport No. : L2664778
Driver?s License : GJ01 20110041666
Voter?s ID No. : UHH2872497
Adhaar Card No. : 2396 3317 8685