Advanced Sys-tek Ltd. IPO Details
Advanced Sys-tek Ltd. was incorporated on March 16, 1988. The company has over 30 years of experience in providing large and complex industrial automation solutions, including terminal automation for the oil & gas industry. It is the only established Indian player in the oil and gas terminal automation market, specializing in automated metering systems and terminal upgrades
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 2.6 M | - | - | ₹980.0 M | DRHP DOC |
Advanced Sys-tek issue details
Advanced Sys-tek has 2.6 M shares on offer
Advanced Sys-tek IPO issue size is ₹ 980.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Advanced Sys-tek IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Advanced Sys-tek NUMBER OF SHARES ON OFFER
Advanced Sys-tek FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 302.3 | 36.7 | -35.2 | -35.8 | 14.4% |
| FY25 | 252.8 | 27.6 | -7.8 | -8.0 | 13.3% |
| FY24 | 188.2 | 19.2 | 14.7 | 14.2 | 12.5% |
Advanced Sys-tek INFORMATION ON IPO ISSUE
About Advanced Sys-tek
Advanced Sys-tek Ltd. was incorporated on March 16, 1988. The company has over 30 years of experience in providing large and complex industrial automation solutions, including terminal automation for the oil & gas industry. It is the only established Indian player in the oil and gas terminal automation market, specializing in automated metering systems and terminal upgrades
Object of the Issue
- Funding capital expenditure requirement for setting up fabrication shed & purchase of solar roof tops
- Funding their long term working capital requirement
- General corporate purposes
Advanced Sys-tek - PROMOTERS
| Name |
|---|
| Mukesh R Kapadia |
| Umed Amarchand Fifadra |
| Shobha Mukesh Kapadia |
| Usha Umed Fifadra |
Advanced Sys-tek - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Shirish Madhukar Adi | Managing Director |
| Mukesh R Kapadia | Whole Time Director & Vice-Chairman |
| Umed Amarchand Fifadra | Whole Time Director & Chairman |
| Sharma Deepti | Independent Director |
| Hemant Vithaldas Udeshi | Independent Director |
| Sunil C Vakil | Independent Director |
Advanced Sys-tek Book Running Lead Manager
Inga Ventures Private Limited
ast.ipo@ingaventures.com
Sowilo Capital Advisors LLP
ecm@sowilocapital.co.in
Advanced Sys-tek Registrar to the Offer
MUFG Intime India Private Limited
advancedsys.ipo@linkintime.co.in
Advanced Sys-tek Strengths
Domain expertise
The company specializes in automated metering systems and upgrading manually operated oil and gas terminals. It is among the few firms capable of executing large turnkey automation projects, having undertaken 31 and 23 POL Terminal Automation projects across India and overseas, including Ghana, Liberia, and Nigeria, in FY24 and H1FY25
Client relationship
The company has built long-term relationships with marquee customers, especially public sector oil companies in India, along with key private sector entities. Most Terminal and Port Automation projects are awarded through tenders, requiring strong technical expertise, financial capability, and a proven track record
Advanced Sys-tek Risks
Dependent on limited suppliers
The company relies on a few suppliers without long-term contracts, making supplier loss a significant risk. Difficulty in sourcing quality raw materials at competitive prices could negatively impact business operations and financial performance
Dependent on oil & gas industry
The company's operations heavily depend on the oil and gas industry in India and overseas, making it vulnerable to industry downturns that could impact revenue and financial stability
Growth risks
The company's future success relies on effectively implementing its business and growth strategies; any failure in execution may negatively impact its operations and financial performance
IPO FAQs
The promoters of the company are Mukesh R Kapadia, Umed Amarchand Fifadra, Shobha Mukesh Kapadia and Usha Umed Fifadra.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.