| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 10,000 | ₹1,20,000 |
| HNI / NII | 2 | 20,000 | ₹2,40,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 9,90,000 (47.14%) | — | ₹118.80 Cr |
| Retail Investors | — | 9,90,000 (47.14%) | — | ₹118.80 Cr |
| Total ** | — | 21,00,000 (100.00%) | — | ₹2,520.00 Cr |
| Market Maker * | — | 1,20,000 (5.71%) | — | ₹1.44 Cr |
Incorporated in 1989, Advance Syntex Ltd is engaged in manufacturing of polyester films and yarn. Information in this paragraph is copied from chittorgarh.com.The company maiinly produce Metalized Films (MF), Lacquered (Coated) Metalized Polyester Films (LMPF), glitter powder (Zari Powder) and Metallic Yarn (Polyester Badla).
It also produces slitted films, epoxy resins, and metallic fibres, as well as modified resins, which is used as raw material in manufacturing LMPF. Content in this paragraph is copied from chittorgarh.com. Advance Syntex also involved in the sale of polyester films (also known as BOPET films) and Biaxially Oriented Polypropylene Films (also known as BOPP films).
Company's products are sold under the brand name of "MIDAS" and they are mainly used in textiles, flexible packaging, lamination, printing, decorations, advertising, paints, inks, craft glue, glass bangles, synthetic leather, floor tiles, walls, cosmetics such as nail polish, eye-liner, hair gel, lipstick etc. Information in this paragraph is copied from chittorgarh.com. Its other products include Slitted Films, Metallic Fibers and Epoxy Resins. It has in-house facility for production of raw materials required to manufacture LMPF.
Advance Syntex Ltd. IPO