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Company Information

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ADVAIT INFRATECH LTD.

22 November 2024 | 10:58

Industry >> Cables - Power/Others

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ISIN No INE0ALI01010 BSE Code / NSE Code 543230 / ADVAIT Book Value (Rs.) 72.00 Face Value 10.00
Bookclosure 23/09/2024 52Week High 2260 EPS 21.45 P/E 67.70
Market Cap. 1481.19 Cr. 52Week Low 425 P/BV / Div Yield (%) 20.17 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The company was incorporated on March 15, 2010 as Advait Infratech Private Limited` under the provisions of Companies Act, 1956 with the Registrar of Companies, Ahmedabad bearing Registration No. 059878 and the certificate of incorporation was issued by the Registrar of Companies at Ahmedabad. the Company was converted into a public limited company pursuant to a special resolution passed by the Shareholders on October 21, 2019 and the name of the Company was changed to ?Advait Infratech Limited?. Consequently, a fresh certificate of incorporation consequent upon change of name upon conversion into public company was issued by the RoC on November 29, 2019.

The company strives to provide diversified products for power transmission and power substation field. the major product offering through trading vertical includes stringing tools -such as clamps, pulley, winch, Aerial roller , Optical Fiber Ground Wire (OPGW), Other transmission solutions such as insulators, high tension low set conductors, earthing materials etc. We also provide site installation of the products. Further, the Company is engaged in installation Of OPGW Cable including laying, providing required hardware in line splices to be encased in Fiber Optic Splice Enclosures, lying & termination of a Fiber Optic Approach cable required to connect Overhead Fiber Optic Cable (OPGW) between the final & line splice enclosure on the gantry/tower including installation of Fiber Optic Distribution Panel (FODP) at sub -station ends. the Company also provides agency, liaising, marketing and branch support services to foreign companies for their Indian project execution.

The Company has expanded its verticals by venturing into manufacturing of OPGW. the Company has put up a
manufacturing company, TG Advait India Private Limited through a joint venture with Jiangsu Tongguang Optical
Fiber Cable Co.,Ltd.

MAJOR EVENTS IN THE HISTORY OF THE COMPANY :

2010
- Incorporated under Companies Act, 1956 as "Advait Infratech Private Limited"

2013
- Purchased Warehouse located at Non agriculture land at Moraiyarsrv no 441paikikhata no.1729 PaikiKhushalInd Park Shed no. 54 Ta- Sanand Gujarat

2016
- Entered into Joint Venture with Jiangsu Tongguang Optical Fiber Cable Co. Ltd and thus ventured into manufacturing of OPGW

2019
- Conversion from Private Company as "Advait Infratech Private Limited" to Public Limited Company "Advait Infratech Limited" and a fresh certificate of incorporation consequent upon conversion was granted to the Company.

2022 -The Company has issued Bonus Shares in the Ratio of 1:1 -The Company Has Received Award In Leader In Power And Telecommunication Infrastructure At The Times Gujarat Icons 2022. -The Company received an order from Tehri Hydro Development Corporation India Ltd. for Design, Engineering, Supply, Installation, Testing, Commissioning and Operation & Maintenance.