Companies

Upcoming IPO: KKR-backed Advanta Enterprises files DRHP with Sebi to raise funds from stock market — Details here

January 19, 2026

Advanta Enterprises, a Mumbai-based agricultural solutions company, has filed its preliminary draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to conduct an initial public offering (IPO). The IPO will consist solely of an offer-for-sale (OFS) of approximately 36.1 million equity shares, with no new shares being issued.

Upcoming IPO: KKR-backed Advanta Enterprises files DRHP with Sebi to raise funds from stock market — Details here

Credit: Livemint

Key Highlights

Advanta Enterprises filed its DRHP with Sebi on January 19, 2026.
The IPO consists of 36,105,578 equity shares with a face value of Re 1 each.
The entire offering is an offer-for-sale (OFS) with no fresh issue component.
Promoter UPL Ltd and investor shareholders are selling the shares.
Advanta focuses on hybrid seeds and post-harvest products.

Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Upcoming IPO: KKR-backed Advanta Enterprises files DRHP with Sebi to raise funds from stock market — Details here

Key Highlights

Sources

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