Atmastco Limited IPO is an NSE SME IPO. They are going to raise ₹56.25 Crores via IPO. The issue is priced at ₹77 to ₹77 per equity share. The IPO is to be listed on NSE.
Atmastco Limited IPO opens for subscription on February 15, 2024, and closes on February 20, 2024. The allotment for the Atmastco Limited IPO is expected to be finalized on February 21, 2024. Atmastco Limited IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
| Atmastco Limited | NSE SME |
| Minimum Investment ₹123,200 /1 Lot (1600 shares) | Price Range ₹77-₹77 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹123,200 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 56.25 Cr | Employee Discount ₹0 |
| Total Issue Size 7,305,600 Shares (aggregating up to ₹56.25 Cr) | Share Holding Pree Issue 19,254,690 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 5,480,000 Shares (aggregating up to ₹42.20 Cr) | Share Holding Post Issue 24,734,690 | Listing At NSE SME |
| Offer for Sale 1,825,600 Shares of ₹10 (aggregating up to ₹14.06 Cr) | Market Maker Portion 366,400 shares (Asnani Stock broker) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 15 Feb 2024 |
| Offer Ends | 20 Feb 2024 |
| Allotment | 21 Feb 2024 |
| Refunds | 22 Feb 2024 |
| Credit of shares to Demat account | 22 Feb 2024 |
| IPO Listing | 23 Feb 2024 |
About Atmastco Limited
Incorporated in April 1994, Atmastco Limited is a turnkey/EPC contractor, providing multi-disciplinary services and project management solutions in the ferrous and non-ferrous sectors.
Atmastco is also into manufactured products i.e. design, manufacturing, and supply of precision equipment and heavy fabrication structures for various industrial uses and other incomes such as Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment and Pressure ducts, Box Columns, etc. which are used in Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refinery & Fertilizer plants. Pre-engineered building etc. They have more than two decades of experience in executing projects involving manufacturing and fabrication work of heavy structures.
The company’s business comprises of three verticals
EPC/Turnkey Projects
Fabrication/Manufacturing
Defense
The customer base encompasses a wide range of industries, including power plants, refineries, steel plants, railways, cement plants, industrial and infrastructure, chemicals, pharmaceuticals, petrochemicals, and oil and gas explorations.
The company has two manufacturing facilities. One is located opposite Karuna Hospital in Bhilai, Durg, Chhattisgarh, and the second unit is located in Dhamdha, District Durg, Chhattisgarh.
| Incorporated in | Managing Director |
| 1994 | Mr. Subramaniam Swaminathan Iyer |
Share Holding
| Share Holding Pre-Issue | 97.39% |
| Share Holding Post-Issue | 68.43% |
Atmastco Limited IPO Prospectus
| Atmastco Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹24,278.76 | ₹9,468.14 | ₹6,990.68 |
| Assets | ₹23,620.72 | ₹13,273.94 | ₹12,036.21 |
| Profit | ₹1,277,75 | ₹323.00 | ₹60.46 |
All values are in Rs. Lakhs
Fundamentals
| Values | Values | ||
| Market cap | 190.46 Cr | ROE | 23.15% |
| P/E (X) | 11.6 | ROCE | 29.91% |
| POST P/E (X) | 12.62 | EPS | 6.64 |
| Debt to Equity | 0.48 | RONW | 23.15% |
Objects of the Issue
- To meet the working capital requirements
- To prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company.
- General Corporate Purpose.
- To meet the Offer expenses
Brokerage Firm IPO Review
- To be updated soon
| Atmastco Limited Contact Details | |
| Address | Atmastco Limited 157-158, Light Industrial Area, Nandini Road, Opp Karuna Hospital, Durg Bhilai,-490026 |
| Phone: | 91 94252 35807 |
| cfo@atmastco.com | |
| Website | https://www.atmastco.com/ |
| Atmastco Limited IPO Registrar | |
| . | Cameo Corporate Services Limited |
| Phone | +91-44-28460390 |
| priya@cameoindia.com | |
| Website | https://ipo.cameoindia.com/ |
| Atmastco Limited IPO Allotment Status Check |
| Atmastco Limited IPO Allotment Status Check Click Here |
| Atmastco Limited Lead Managers | |
| Affinity Global Capital Market Private Limited 20B, Abdul Hamid Street, East India House, 1st Floor, Room No. 1G Kolkata – 700069 | |
| Phone | +91 33 4004 7188 |
| compliance@affinityglobalcap.in | |
| Website | http://affinityglobalcap.in/ |
Atmastco Limited IPO FAQs
What is Atmastco Limited IPO?
- Atmastco Limited IPO is an NSE SME IPO. They are going to raise ₹56.25 Crores via IPO. The issue is priced at ₹77 to ₹77 per equity share. The IPO is to be listed on NSE.
When Atmastco Limited IPO will open?
- The IPO is to open on February 15, 2023, for NII, and Retail Investors.
What is KAtmastco Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Atmastco Limited IPO Size?
- Atmastco Limited IPO size is ₹56.25 crores.
What is Atmastco Limited IPO Price Band?
- Atmastco Limited IPO Price Band is ₹77 to ₹77 per equity share.
What is Atmastco Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹123,200. and Maximum Lot Size 1 Lots (1600 Shares) with ₹123,200
What is Atmastco Limited IPO Allotment Date?
- Atmastco Limited IPO allotment date is February 21, 2024.
What is Atmastco Limited IPO Listing Date?
- Atmastco Limited IPO listing date is February 23, 2024. The IPO to list on NSE.