247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Advance Syntex Limited IPO (Advance Syntex IPO) Details

Advance Syntex Limited is an Textiles based company, located in Vadodara, Advance Syntex Limited IPO size was 2.52 Cr. and was issued at 12.00 per share. The share of Advance Syntex Limited were listed at 12.91 per share and are currently trading at 6.38 per share.

Type :
Sub Sector : Manufacturing Polyster And Yarn
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
45.63 Cr.

PAT :
1.23 Cr.

Pricing Report

Issue Price :
12.00

Listing Price :
12.91

Current Market Price :
6.38

Issue Price vs CMP :
5.62 (46.83%)

listing Price vs CMP :
6.53 (50.58%)

Performance Report (CAGR* wise)

CAGR : -7.14
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Advance Syntex

Company Information
Advance Syntex was originally incorporated as Advance Syntex Private Limited on September 21, 1990 under the provisions of Companies Act, 1956 with Registrar of Companies, Gujarat. The Company is mainly engaged in manufacturing of Metalized Films (MF), Lacquered (Coated) Metalized Polyester Films (LMPF), glitter powder (Zari Powder) and Metallic Yarn (Polyester Badla). Glitter Powder and Metallic Yarn are manufactured through Job Work of LMPF produced by the Company. They also produce modified resins, which is used as raw material in manufacturing of LMPF. Further, they are also engaged in the sale of polyester films (also known as BOPET films) and Biaxially Oriented Polypropylene Films (also known as BOPP films) after carrying of slitting operations on them. Additionally, they also provide services of coating of Metalized
Show More
Object of Issue
  • To meet Working Capital Requirement
  • To Meet the Issue Expenses

Advance Syntex SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2016
IPO Size :
2.52 Cr.
PE Multiple :
7.00
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Sharex Dynamic (India) Private Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Vadodara


Accord Synergy Limited

  support services to the high end telecom segments

  Vadodara


Aimtron Electronics Limited

  products and solutions for electronics system

  Vadodara


Peer Companies Of This Sector

FAQs

Advance Syntex operates in Textiles and Manufacturing Polyster And Yarn. The Issue is listed on BSE SME in Jul, 2016. Advance Syntex IPO size was 2.52 Cr. with Issue price of 12.00 .

Advance Syntex IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Advance Syntex IPO listed at a listing price of 12.91 against the offer price of 12.00.

The current market price of Advance Syntex is 6.38.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency