UPL subsidiary Advanta Enterprises files DRHP for IPO via Offer for Sale

Ipo Quality AnchorCapital Market Events View source PDF Explain this filing

UPL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-7.9%Reaction day

₹785.00

prior close

₹792.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-2.5%-5.4% vs market

Pesticides & Agrochemicals peers, median of 27sector-2.8%-5.1% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Midcap 150 and 5.1 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-2.0

15m

-2.5

30m

-3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.9-2.5-5.4-2.8-5.1

Next day

-11.5-3.5-8.0-4.1-7.3

-11.0-2.3-8.7-2.5-8.5

-10.8-4.0-6.8-4.2-6.6

-8.7-3.5-5.2-3.7-5.0

-8.9-1.9-7.0-1.9-7.1

-10.6-1.8-8.8-1.4-9.2

15d

-5.0+2.2-7.2+3.5-8.5

-4.3+0.2-4.4-4.3+0.1

-20.9-7.5-13.3-15.0-5.9

-16.4+0.7-17.1-1.1-15.3

UpDownMarket · Nifty Midcap 150Sector · Pesticides & Agrochemicals peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

UPL subsidiary Advanta Enterprises has filed a draft red herring prospectus with SEBI for a proposed IPO. The offer is entirely an Offer for Sale of up to 3.61 crore equity shares of face value Rs 1 each. UPL, as promoter, intends to offer up to 2.81 crore shares, with the remainder by other eligible shareholders. No fresh issue component mentioned. Subject to approvals and market conditions.

Likely market impact

Potential value-unlocking event for UPL shareholders, as the subsidiary listing may lead to fair value discovery of UPLs stake in Advanta.