Atam Valves IPO Details

Atam Valves IPOAtam Valves IPO description – Atam Valves is a manufacturer of valves for industrial purposes. The company’s twin manufacturing facilities in Jalandhar suit most of the manufacturing related requirements. Most of its products are tailored to meet its customers’ specific requirements. The company works in close tandem with its clients to match its valves to their most complex applications.

Its products are supplied in India and in export markets under ATAM and FEBI brand names. Under brand ATAM, the company offers valves and fittings, steam traps and strainers. Under brand FEBI, it offers Ball-Valves. It exports products in United States, Kuwait, Kenya, South Africa, Malaysia, Dubai, Indonesia, Australia, Oman, Philippines, Ethiopia, Nepal and United Kingdom.

Promoters of Atam Valves – Vimal Parkash Jain and Amit Jain
Atam Valves IPO details
Subscription Dates 18 – 25 September 2020
Price Band INR40 per share
Fresh issue 11,25,000 shares (INR4.5 crore)
Offer For Sale Nil
Total IPO size 11,25,000 shares (INR4.5 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
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Atam Valves’ financial performance (in INR lakh)

    FY2018 FY2019 FY2020
Revenue   1,732.2 1,841.3 1,632.5
Expenses   1,655.9 1,753.3 1,565.2
Net income   51.0 65.2 49.4
         

Registrar of Atam Valves IPO

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis Makwana Road Marol,
Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200  
Email: [email protected]
Website: www.bigshareonline.com

Valuation of Atam Valves IPO (FY2020)

Earnings Per Share (EPS): INR1.65
Price/Earnings (PE ratio): 24.24  Return on Net Worth (RONW): 10.18% Net Asset Value (NAV): INR16.19 per share

Atam Valves IPO Subscription Details

Day Subscription (no. of times)
Day 1

0.90

Day 2

1.59

Day 3

1.86

Day 4

 

Day 5

 

Day 6

 

Atam Valves Contact Details

Atam Valves Limited
1051, Industrial Area,
Jalandhar,
Punjab – 144 004
Phone: +91 0181 5001111
Email: [email protected]
Website: www.atamvalves.in

Atam Valves IPO Allotment Status

Atam Valves IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status 

Listing Performance of Atam Valves

IPO Opening Date: 18 September 2020
IPO Closing Date: 25 September 2020
Finalisation of Basis of Allotment: 30 September 2020
Initiation of refunds
: 1 October 2020
Transfer of shares to demat accounts
: 5 October 2020
Listing Date
: 1 October 2020
Opening Price on BSE SME: To be updated 
Closing Price on BSE SME: To be updated

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