Advantal Technologies Ltd

Advantal Technologies Ltd

Initial public offer of upto 23,28,000 equity shares of face value of Rs.10/- each (the "equity shares") of Advantal Technologies Limited ("the company" or "the issuer" or "ATL") at an issue price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores ("public issue") out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating upto Rs.[*] crores is here in after referred to as the "net issue". The public issue and net issue will constitute 26.37% and [*]% respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.