The Atmastco Ltd IPO date has been confirmed from February 15, 2024 and closes on February 20, 2024. Read the post to learn about Atmastco Ltd IPO GMP.
Atmastco Ltd IPO is a fixed price issue of Rs 56.25 crores. The price is ₹77 per share. A minimum lot size of 1600 shares is required for an application. Retail investors are needed to invest a minimum of ₹123,200. For HNIs, two lots (3,200 shares) is the minimum lot size investment.
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Key Details Of Atmastco Ltd IPO:
Bidding Dates
Feb 15-20
Price Range
₹77 per share
Face Value
₹10 per share
GMP
₹15
Atmastco Ltd IPO GMP
The Atmastco IPO GMP Today is ₹15.
Atmastco Ltd IPO Overview
The Rs 56.25 crore Atmastco IPO is a fixed-price offering. The offering includes a new issuance of 54.8 lakh shares worth Rs 42.20 crore and an offer to sell 18.26 lakh shares worth Rs 14.06 crore. Atmastco’s initial public offering (IPO) will begin on February 15, 2024, and end on February 20, 2024. The allocation for the Atmastco IPO will finish on Wednesday, February 21, 2024. Atmastco’s IPO will be listed on NSE SME on February 23, 2024.
Atmastco’s IPO price is ₹77 per share. The Atmastco IPO GMP Today is ₹15. An application lot size must have a minimum of 1600 shares. The minimum investment for retail investors is ₹123,200. The minimum investment for HNIs is 2 lots (3,200 shares) totaling ₹246,400.
Atmastco Ltd IPO Details
| IPO Date | February 15, 2024 to February 20, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹77 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 7,305,600 shares (aggregating up to ₹56.25 Cr) |
| Fresh Issue | 5,480,000 shares (aggregating up to ₹42.20 Cr) |
| Offer for Sale | 1,825,600 shares of ₹10 (aggregating up to ₹14.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 19,254,690 |
| Share holding post issue | 24,734,690 |
| Market Maker portion | 366,400 shares |
Atmastco Ltd IPO Financial Information
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 24,391.56 | 23,620.72 | 13,273.94 | 12,036.21 |
| Revenue | 6,700.16 | 24,278.76 | 9,468.14 | 6,990.68 |
| Profit After Tax | 628.74 | 1,277.75 | 323.00 | 60.46 |
| Net Worth | 6,259.03 | 5,520.33 | 4,235.23 | 3,912.23 |
| Reserves and Surplus | 4,763.72 | 4,039.20 | 2,754.10 | 2,431.10 |
| Total Borrowing | 7,317.46 | 7,125.68 | 5,155.92 | 5,410.48 |
| Amount in ₹ Lakhs | ||||
Atmastco Ltd IPO Timeline
| IPO Open Date | Thursday, February 15, 2024 |
| IPO Close Date | Tuesday, February 20, 2024 |
| Basis of Allotment | Wednesday, February 21, 2024 |
| Initiation of Refunds | Thursday, February 22, 2024 |
| Credit of Shares to Demat | Thursday, February 22, 2024 |
| Listing Date | Friday, February 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 20, 2024 |
Company Profile
Atmastco Ltd, established in April 1994, is a turnkey/EPC contractor that provides interdisciplinary services and project management solutions to the ferrous and non-ferrous sectors. The firm also produces precise equipment and heavy fabrication structures for various industrial applications. These goods include ceilings, railway girders, columns and bracings, bolted structures, equipment and pressure ducts, box columns, and more. They are commonly employed in the construction of power and energy plants, steel
Plants, cement plants, railway bridges, water treatment facilities, refineries and fertiliser factories, and prefabricated structures. Customers come from diverse sectors, including power plants, refineries, steel plants, railroads, cement plants, industrial and infrastructure, chemicals, pharmaceuticals, petrochemicals, and oil and gas exploration. As of January 31st, 2024, the company’s portfolio had 14 current projects. According to the Restated Consolidated Financial Statements, the company’s business operations have improved, as evidenced by a rise in total income. The income has risen from Rs. 9,46,814.26 thousand in FY 2021-2022 to Rs. 24,27,875.62 thousand in FY 2022-2023.
The firm runs two manufacturing units. The first is located near Karuna Hospital in Bhilai, Durg, Chhattisgarh, and the second at Dhamdha, District Durg, Chhattisgarh. The business established Atmastco Defence Systems Private Limited as a wholly-owned subsidiary (WOS) on July 22, 2020. This company makes full-body armour for female soldiers and associated operations and bulletproof jackets and helmets designed specifically for the military. The organization employs 276 workers across several departments. The company’s business consists of three verticals.
- EPC/Turnkey Projects
- Fabrication/Manufacturing
- Defence
Registrar Info
| Name | Cameo Corporate Services Limited |
| Phone number | +91-44-28460390 |
| Email ID | [email protected] |
| Website | ipo.cameoindia.com |
Contact Details
| Name | Atmastco Limited |
| Phone number | + 91 94252 35807 |
| Email ID | [email protected] |
| Website | atmastco.com |
IPO Strengths
- Experienced promoters and an effective management staff.
- Long-standing partnerships with a dedicated consumer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Customers from the United States are heavily relied on.
- To achieve compliance, these countries need strict adherence to many rules and regulations.
- Other market participants compete with each other.
Atmastco Ltd IPO FAQs
When Atmastco IPO will open?
The Atmastco IPO opens on February 15, 2024 and closes on February 20, 2024.
What is the lot size of Atmastco IPO?
Atmastco IPO lot size is 1600 Shares, and the minimum amount required is ₹123,200.
When is Atmastco IPO allotment?
The finalization of Basis of Allotment for Atmastco IPO will be done on Wednesday, February 21, 2024, and the allotted shares will be credited to your demat account by Thursday, February 22, 2024.
When is Atmastco IPO listing date?
The Atmastco IPO listing date is not yet announced. The tentative date of Atmastco IPO listing is Friday, February 23, 2024.
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