Atam Valves IPO Details
Atam 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 |
|
Atam Valves’ financial performance (in INR lakh) |
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| Â | Â | FY2018 | FY2019 | FY2020 |
| Revenue | Â | 1,732.2 | 1,841.3 | 1,632.5 |
| Expenses | Â | 1,655.9 | 1,753.3 | 1,565.2 |
| Net income | Â | 51.0 | 65.2 | 49.4 |
| Â | Â | Â | Â | Â |
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:Â +91 22 6263 8200Â Â
Email:Â [email protected]
Website: www.bigshareonline.com
Valuation of Atam Valves IPO (FY2020)
Earnings Per Share (EPS): INR1.65
Price/Earnings (PE ratio): 24.24Â 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 |
2.06 |
| Day 5 |
2.58 |
| 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 is now available on Bigshare Services’ website. Click on this link to get allotment statusÂ
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: 6 October 2020
Opening Price on BSE SME: INR40 per share (no change from IPO price)
Closing Price on BSE SME: INR39.05 per share (down 2.38% from IPO price)
i was applied for ipo a lot of 3000, for that my ammount of rs. 120000/- hod from my sbi a/c. no ipo allotment made for me, but my hold fund not removed. pl. removed my hold money.