Advanta Ltd. IPO opens today - Indian IPO Blog

Monday, March 26, 2007

Advanta Ltd. IPO opens today

Advanta India Ltd. IPO details:

Issue opens on: Monday, March 27, 2007
Issue closes on: Friday, March 30, 2007
Issue type: 100% Book Building Issue
Issue size: 33.8 Lakh Equity Shares having Face value of Rs. 10/- Each
Price band: Rs.600/- to Rs.650/- per share
Bid lot: 10 shares
Listing on: BSE, NSE
Registrar: Sharepro Services Pvt Ltd

About Advanta India Ltd:

Advanta India Limited is the leading international agronomic seed company based in Bangalore India. Advanta India Limited is 100% owned by United Phosphorus Ltd (UPL) a large Indian agro-chemical company with a group turnover of Rs. 2000 Crores.

It was originally established as ITC Zeneca Ltd. with the prime objective of conducting research, development, production and marketing of superior high yielding hybrid seeds of crops of national importance. Due to restructuring of promoters/shareholder businesses ITC Zeneca has changed its name to Advanta India Ltd from October 1st, 1998

Advanta also operates in Australia, Thailand and Argentina.

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