Advanta Enterprises has received approval from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offering (IPO). The company’s IPO will be entirely an offer-for-sale (OFS) of 3.61 crore equity shares by promoter UPL and investor shareholders Melwood Holdings II Pte Ltd and KIA EBT Scheme 2.
The company will not receive any proceeds from the Offer. The company had filed its draft papers in January 2026. Shares of the company are proposed to be listed on the BSE and the NSE.
Advanta Enterprises is a global agricultural-solutions company with a portfolio of advanced hybrid seeds and post-harvest solutions.
