Upcoming IPO: Mumbai-based agriculture firm Advanta Enterprises filed its preliminary draft papers with the capital markets regulator, the Securities and Exchange Board of India (Sebi), on Monday, 19 January 2026.
The global agro-solutions company, Advanta Enterprises, aims to raise funds from the Indian stock market through an entirely offer-for-sale (OFS) issue of equity shares.
Advanta Enterprises IPO details
Advanta Enterprises is offering a book-built issue initial public offering (IPO) comprising the entire offer for sale (OFS) component of 36,105,578 equity shares with a face value of Re 1 apiece.
According to the company’s DRHP filing, there is no fresh issue portion of the initial public offering (IPO). Hence, all the funds raised from the Indian stock market will be received by the promoter and investor selling stakeholders, and the company will not get any proceeds from the public issue.
(This is a developing story. Please check back for updates.)
Read all stories by Anubhav Mukherjee
Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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