Atmastco Limited IPO
Atmastco Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹77 per share. The stock debuted at ₹91, delivering a listing gain of 18.2%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,23,200.
Atmastco Limited IPO
- IPO Dates
- Feb 15, 2024 – Feb 20, 2024
- Price band
- ₹77 per equity share
- Minimum Investment
- ₹1,23,200
- Issue size
- ₹56.25 Cr
- Lot size
- 1600
- Allotment Date
- Feb 21, 2024
- Listing
- Feb 23, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 15, 2024
Open Date
Completed
-
Feb 20, 2024
Close Date
Completed
-
Feb 21, 2024
Allotment Date
Completed
-
Feb 23, 2024
Listing Date
Completed
Atmastco Limited IPO Essentials
Atmastco Limited IPO Details
Atmastco Limited IPO is priced at ₹77 per share with a total issue size of 56.25 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹77 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 7,305,600 shares(aggregating up to ₹56.25 Cr)
- Total issue size
- 73,05,600 shares
(aggregating up to ₹56.25 crore) - Fresh issue
- 54,80,000 shares
(aggregating up to ₹42.2 crore) - Offer for sale (OFS)
- 18,25,600 shares
(aggregating up to ₹14.06 crore) - Listing at
- NSE SME
- List price
- 91.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Affinity Global Capital Market Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,23,200 |
| Retail(max) | 1 | 1600 | ₹1,23,200 |
| NII (min) | 2 | 3,200 | ₹2,46,400 |
Atmastco Limited IPO Reservation
Atmastco Limited IPO reservation details show category-wise allocation of shares. Out of the total 7,305,600 shares, approximately 47.49% for retail investors, and 5.02% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 366,400 (5.02%) | |
| Retail Shares Offered | 3,469,600 (47.49%) | |
| Total Shares Offered | 7,305,600 (100%) |
Atmastco Limited IPO Analytics
Atmastco Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Atmastco Limited IPO Subscription Status
Atmastco Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,469,600 | 3,469,600 | 6,939,200 |
|
Day 1
15-02-24 06:00 PM
|
(0.42) x | 2.51 x | 1.47 x |
|
Day 2
16-02-24 06:00 PM
|
(0.81) x | 4.69 x | 2.75 x |
|
Day 3
19-02-24 06:00 PM
|
(2.00) x | 8.81 x | 5.41 x |
|
Day 4
20-02-24 06:00 PM
|
(15.17) x | 19.40 x | 17.28 x |
Atmastco Limited Valuations
Earnings
- EPS Pre IPO
- ₹6.64/-
- EPS Post IPO
- ₹6.1/-
- P/E Pre IPO
- 11.6
- P/E Post IPO
- 12.62
Returns
- ROE
- 23.15%
- ROCE
- 29.91%
- RoNW
- 23.15%
Fundamentals
- Debt / Equity
- 0.48
- Price / Book
- 0.13
Atmastco Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 23,620.72 | 13,273.94 | 12,036.21 |
| Revenue | 24,278.76 | 9,468.14 | 6,990.68 |
| Profit After Tax | 1,277.75 | 323.00 | 60.46 |
| Net Worth | 5,520.33 | 4,235.23 | 3,912.23 |
| Reserves & Surplus | 4,039.20 | 2,754.10 | 2,431.10 |
| Total Borrowing | 7,125.68 | 5,155.92 | 5,410.48 |
Atmastco Limited Company & Offer Insights
About Atmastco Limited
Incorporated in April of 1994, Atmastco Limited is the turnkey / EPC contractor specialized in multi-disciplinary services coupled with project management solutions in the Ferrous and non-ferrous sectors.
The company is also engaged in manufacturing of various precision equipment and heavy fabrication structures used in different applications in the industrial sector. Some of the products manufactured by the company are Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment and Pressure ducts, Box Columns, and more. They are very much in use in the construction of Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refinery & fertilizer plants, and Pre-Engineered buildings.
The business of the company includes three verticals: EPC/Turnkey Projects; Fabrication/Manufacturing; and Defence. The customer base is diversified, covering the following industries: power plants, refineries, steel plants, railways, cement plants, industrial and infrastructure, chemicals, pharmaceuticals, petrochemicals, and oil and gas explorations. As on January 31st, 2024, the company has a portfolio of 14 projects under execution.The trend on the business operations side has been upward. For instance, the total income as reflected from the Restated Consolidated Financial Statements has improved. From the FY 2021-2022 at Rs. 9,46,814.26 Thousand to the FY 2022-2023 at Rs. 24,27,875.62 Thousand.
It has two manufacturing facilities. One plant is situated opposite Karuna Hospital in Bhilai, Durg, Chhattisgarh, while the other unit is in Dhamdha, District Durg, Chhattisgarh.On July 22, 2020, the company established a separate legal entity for its wholly-owned subsidiary, Atmastco Defence Systems Private Limited. This wholly-owned subsidiary will manufacture bulletproof jackets and helmets exclusively for the military, besides full-body protectors for female troops and related activities.
The company has 276 employees working in different departments.
Atmastco Limited Promoter(s)
Mr. Subramaniam Swaminathan Iyer, Mr. Venkataraman Ganesan, Mrs. Jayasudha Iyer and Apex Steel & Technology (India) Private Limited. are the company's promoters of Atmastco Limited.
Atmastco Limited IPO Issue Objectives
- •
- 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
Contact Information
Contact Details
Atmastco Limited
+91 94252 35807
157-158, Light Industrial Area, Nandini Road, Opp Karuna Hospital, Durg, Bhilai-490026
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Atmastco Limited IPO is a Fixed Priced IPO worth ₹56.25 crore. The issue price is ₹77 per share (fixed price). The IPO opens on Feb 15, 2024 and closes on Feb 20, 2024. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Atmastco Limited IPO is ₹77 per share (fixed price).
The lot size of Atmastco Limited IPO is 1600 shares.
The minimum investment for Atmastco Limited IPO is approximately ₹1,23,200 based on the issue price .
Atmastco Limited IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.
The allotment date of Atmastco Limited IPO is Feb 21, 2024.
Atmastco Limited IPO is expected to be listed on Feb 23, 2024, on NSE SME Platform.
Atmastco Limited IPO valuation snapshot: P/E 12.62, EPS ₹6.1/-, P/B 0.13, RoNW 23.15%, and market cap N/A.
To apply for Atmastco Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Atmastco Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Atmastco Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Atmastco Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Atmastco Limited IPO allotment status on IPO Ji for quick and easy access.