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Atmastco IPO GMP, IPO Price Band, IPO Lot Size
Atmastco IPO is opening for subscription on February 15, 2024, and closing on February 20, 2024. This NSE SME IPO aims to raise ₹56.25 crores, with ₹42.20 crores of Fresh Issue, and offer for sale up to ₹14.06 crores of equity shares of 7,305,600 equity shares, each with a face value of ₹10. The price band for the Atmastco IPO is fixed at ₹77 Per Share, with a market lot of 1600 Shares. The allocation for this IPO is as follows: 50% for retail investors, and 50% for high-net-worth individuals (HNI). Atmastco IPO Allotment will done on February 21, 2024, and Atmastco IPO listing date is February 23, 2024.
Atmastco Company Profile
Atmastco is involved in the design, manufacturing, and supply of precision equipment and heavy fabrication structures for various industrial uses. Their products, including Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment and Pressure ducts, Box Columns, etc., find applications in diverse sectors such as Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, and Refineries. Additionally, the company trades in steel, iron, chemical alloys, metals, grinding wheels, welding electrodes, abrasives, and industrial helmets.
With over two decades of experience, Atmastco has established itself as a reliable player in executing projects involving the manufacturing and fabrication work of heavy structures. They are also recognized as an approved vendor in the Master list of Approved Vendors by the Ministry of Railways and the Government of India for the fabrication of Composite Girder and Other Steel Plate Girder Part B.
The customer base covers a wide range of industries, including power plants, refineries, steel mills, railroads, cement plants, industry and infrastructure, chemicals, pharmaceuticals, petrochemicals, refineries, energy, oil and gas exploration, etc.
Atmastco IPO Objectives
The funds raised through the IPO will be utilized for:
- Meeting the working capital requirements
- Prepayment and repayment of secured and unsecured loans
- General corporate purposes
- Meeting the offer expenses
Atmastco IPO Key Details
- Atmastco IPO Open Date: February 15, 2024
- Atmastco IPO Close Date: February 20, 2024
- Atmastco IPO Size: Approximately ₹56.25 crores, 7,305,600 Equity Shares
- Face Value: ₹10 Per Equity Share
- Atmastco IPO Price Band: ₹77 Per Equity Share
- Atmastco IPO Listing on: NSE SME IPO
- Retail Quota: 50% of the net offer
- NII Quota: 50% of the net offer
Atmastco IPO Timeline
- Atmastco IPO Open Date: February 15, 2024
- Atmastco IPO Close Date: February 20, 2024
- Basis of Allotment: February 21, 2024
- Refunds: February 22, 2024
- Credit to Demat Account: February 22, 2024
- Atmastco IPO Listing Date: February 23, 2024
How to Apply for Atmastco IPO
Investors can apply for the Atmastco IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.
Atmastco Financial Performance (in Crores)
- Year 2021: Revenue ₹69.39, Expense ₹68.90, PAT ₹0.60
- Year 2022: Revenue ₹93.61, Expense ₹90.05, PAT ₹3.23
- Year 2023: Revenue ₹241.95, Expense ₹224.58, PAT ₹12.78
- FY 2024: Revenue ₹54.35, Expense ₹40.80, PAT ₹13.53
Atmastco Valuation FY2024
- 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
Atmastco Peer Group
- N/A
Atmastco 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
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Website: https://ipo.cameoindia.com/
Phone: +91-44-28460390
Email: priya@cameoindia.com
Atmastco IPO Allotment Status Check
- Check the Atmastco IPO allotment status on the Cameo Corporate Services website.
Atmastco IPO Allotment Link
- Check the Atmastco IPO allotment on the ipogmp.org website.
Atmastco IPO Lead Managers (Merchant Bankers)
- Affinity Global Capital Market Private Limited
Atmastco Company Address
157-158, Light Industrial Area, Nandini Road,
Opp. Karuna Hospital, Durg
Bhilai,Chhattisgarh-490 026
India
Website: https://www.atmastco.com/
Phone: + 91 94252 35807
Email: cfo@atmastco.com
Atmastco IPO FAQs
What is Atmastco IPO?
Atmastco IPO is an NSE SME IPO. They are going to raise ₹56.25 crores via IPO. The issue is priced at ₹77 Per equity share. The IPO is to be listed on NSE.
When will the Atmastco IPO open?
The IPO is to open on February 15, 2024, for NII, and Retail Investors.
What is Atmastco IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
How to Apply for the Atmastco IPO?
You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply Atmastco IPO through Zerodha?
For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.
How to Apply the Atmastco IPO through Alice Blue?
Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.
How to Apply for the Atmastco IPO through Motilal Oswal?
Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.
What is Atmastco IPO Size?
Atmastco IPO size is ₹56.25 crores.
What is Atmastco IPO Price Band?
Atmastco IPO Price Band is ₹77 Per equity share.
What is Atmastco IPO Minimum and Maximum Lot Size?
The IPO bid is 1600 Shares with ₹123,200.
What is Atmastco IPO Allotment Date?
Atmastco IPO allotment date is February 21, 2024.
What is Atmastco IPO Listing Date?
Atmastco IPO listing date is February 23, 2024. The IPO to list on NSE SME IPO.
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