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.
They are also engaged in the business of trading steel, iron, chemical alloys, metals, grinding wheels, welding electrodes, abrasives, and industrial helmets which are used extensively for industrial use. They have developed expertise in their line of operations which are characterized by their ability to minimize overheads, cost control and prevent overruns on project schedules along with required skill sets. They have a track record in designing, manufacturing, procuring, constructing, commissioning, and servicing various equipment.
Atmastco aims to continue to build its strength in the field of manufacturing steel fabrication, and execution of EPC / turnkey projects. in the ferrous and non-ferrous sectors, mineral processing. The Company is recognized as an approved vendor in the Master list of Approved Vendors issued by the Quality Assurance Civil Directorate, Research Designs, Standards Organization, Ministry of Railways and Government of India for fabrication of Composite Girder and Other Steel Plate Girder Part B. Their customer base includes a diverse set of industries including power plants, refineries, steel plants, Railways, cement plants, Industrial and Infrastructure, Chemicals, Pharmaceuticals, Petrochemicals, Refineries, Power, Oil & Gas Explorations, etc.
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
Atmastco IPO Review
- May Apply
Atmastco IPO Date & Price Band Details
IPO Open: | February 15, 2024 |
IPO Close: | February 20, 2024 |
IPO Size: | Approx ₹56.25 Crores, 7,305,600 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹77 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Atmastco IPO Market Lot
The Atmastco IPO minimum market lot is 1600 shares with a ₹123,200 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1600 | ₹123,200 |
Retail Maximum | 1 | 1600 | ₹123,200 |
S-HNI Minimum | 2 | 3200 | ₹246,400 |
Atmastco IPO Dates
The Atmastco IPO date is February 15 and the IPO close date is February 20. The IPO allotment date is February 21 and the IPO might list on February 23.
IPO Open Date: | February 15, 2024 |
IPO Close Date: | February 20, 2024 |
Basis of Allotment: | February 21, 2024 |
Refunds: | February 22, 2024 |
Credit to Demat Account: | February 22, 2024 |
IPO Listing Date: | February 23, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Atmastco IPO Form
How to apply Atmastco IPO? You can apply Atmastco IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Atmastco IPO in the Invest section. The other option you can apply Atmastco IPO via IPO forms download via the NSE website. Check out the Atmastco forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Atmastco Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹69.39 | ₹68.90 | ₹0.60 |
2022 | ₹93.61 | ₹90.05 | ₹3.23 |
2023 | ₹241.95 | ₹224.58 | ₹12.78 |
FY 2024 | ₹54.35 | ₹40.80 | ₹13.53 |
Atmastco IPO Valuation – FY2023
Check Atmastco IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹8.63 per Equity Share |
Price/Earning P/E Ratio: | 8.92 |
Return on Net Worth (RoNW): | 23.15% |
Net Asset Value (NAV): | ₹23.15 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Subramaniam Swaminathan Iyer
- Mr. Venkataraman Ganesan
- Mrs. Jayasudha Iyer
- Apex Steel & Technology (India) Private Limited.
Atmastco IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Atmastco IPO Allotment Status
Check Atmastco IPO allotment status on Cameo Corporate website URL. Click Here
Atmastco IPO Lead Managers aka Merchant Bankers
- Affinity Global Capital Market Private Limited
Company Address
Atmastco Limited
157-158, Light Industrial Area, Nandini Road, Opp
Karuna Hospital, Durg
Bhilai,-490026
Phone: + 91 94252 35807
Email: [email protected]
Website: https://www.atmastco.com/
One Response
I like this ipo because financial fundamentals are strong.its premium will go up.