Last updated on February 23, 2024
Atmastco IPO description – Atmastco is an ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certified company engaged in executing turnkey/Engineering Procurement and Construction Company (EPC) contracts in the ferrous and non-ferrous sectors. The company offers end-to-end solutions, providing multi-disciplinary services and project management solutions.
The company also manufactures precision equipment and heavy fabrication structures for various industrial uses. These products include ceiling girders, railway girders, columns and bracings, bolted structures, equipment, pressure ducts, box columns, etc. These items find applications in power and energy, steel plants, cement plants, railway bridges, water treatment plants, refineries, and fertilizer plants.
As of 31 October 2023, Atmastco’s project portfolio comprises 14 ongoing projects. These infrastructure projects involve various activities, including engineering, design, supply, construction, fabrication, and erection. The company’s customer base includes power plants, refineries, steel plants, railways, cement plants, industrial and infrastructure sectors, chemicals, pharmaceuticals, petrochemicals, power generation, oil and gas exploration, and more. As of 30 June 2023, the company employed 276 employees.
Promoters of Atmastco – Mr. Subramaniam Swaminathan Iyer, and Mr. Venkataraman Ganesan
Table of Contents
Atmastco IPO Details
| Atmastco IPO Dates | 15 – 20 February 2024 |
| Atmastco Issue Price | INR 77 per share |
| Fresh issue | 5,480,000 shares (INR 42.20 crore) |
| Offer For Sale | 1,825,600 shares (INR 14.06 crore) |
| Total IPO size | 7,305,600 shares (INR 56.25 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 123,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Atmastco Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 5M FY 2024 |
| Revenue | 69.39 | 93.61 | 241.95 | 66.57 |
| Expenses | 68.90 | 90.05 | 224.58 | 58.24 |
| Net income | 0.60 | 3.23 | 12.78 | 6.29 |
Atmastco Offer News
- Atmastco RHP
- Atmastco Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Atmastco Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.41 | 2.18 | 8.63 |
| PE ratio | – | – | 8.92 |
| RONW (%) | 1.55 | 7.63 | 23.15 |
| NAV | 26.41 | 28.59 | 37.27 |
| ROCE (%) | 15.07 | 20.38 | 29.91 |
| EBITDA (%) | 13.57 | 14.95 | 11.36 |
| Debt/Equity | 0.29 | 0.44 | 0.48 |
Atmastco IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 February 2024 | 10 | – | 10,000 |
| 21 February 2024 | 15 | – | 20,000 |
| 20 February 2024 | 15 | – | 20,000 |
| 19 February 2024 | 15 | – | 20,000 |
| 17 February 2024 | 20 | – | 25,000 |
| 16 February 2024 | 20 | – | 28,000 |
| 15 February 2024 | 25 | – | 35,000 |
| 14 February 2024 | 20 | – | 30,000 |
| 13 February 2024 | 10 | – | 12,500 |
Atmastco IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 3,469,600 | 3,469,600 | 6,939,200 |
| 20 Feb 2024 | 15.03 | 18.24 | 16.63 |
| 19 Feb 2024 | 2.09 | 8.66 | 5.38 |
| 16 Feb 2024 | 0.81 | 4.69 | 2.75 |
| 15 Feb 2024 | 0.42 | 2.44 | 1.43 |
The market maker reservation portion of 3,66,400 shares is not included in the above calculations.
Atmastco IPO Allotment Status
Atmastco IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Atmastco IPO Dates & Listing Performance
| IPO Opening Date | 15 February 2024 |
| IPO Closing Date | 20 February 2024 |
| Finalization of Basis of Allotment | 21 February 2024 |
| Initiation of refunds | 22 February 2024 |
| Transfer of shares to demat accounts | 22 February 2024 |
| IPO Listing Date | 23 February 2024 |
| Opening Price on NSE SME | INR 91 per share (up 18.18%) |
| Closing Price on NSE SME | Coming soon |
Atmastco Offer Lead Manager
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
Email:Â [email protected]
Website:Â www.affinityglobalcap.in
Atmastco Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai – 600 002, Tamil Nadu
Phone:Â +91-44 4002 0700, 28460390
Email:Â [email protected]
Website:Â www.cameoindia.com
Atmastco Contact Details
ATMASTCO LIMITED
157-158, Light Industrial Area, Nandini Road,
Opp. Karuna Hospital, Bhilai, Durg – 490 026, Chhattisgarh
Phone: +91 94252 35807
E-mail: [email protected]
Website: www.atmastco.com
IPO FAQs
What is the Atmastco offer size?
Atmastco’s offer size is INR 56.25 crores.
What is the Atmastco offer price band?
Atmastco’s public offer price is INR 77 per share.
What is the lot size of the Atmastco IPO?
Atmastco offer lot size is 1,600 shares.
What is Atmastco IPO GMP today?
Atmastco IPO GMP today is INR 10 per share.
What is the Atmastco kostak rate today?
Atmastco kostak rate today is NA per application.
What is Atmastco Subject to the Sauda rate today?
Atmastco is Subject to the Sauda rate today is INR 10,000 per application.
