The Atmastco IPO commenced on February 15, 2024, and concluded on February 20, 2024. The allotment of shares took place on February 21, 2024, and the initiation of refunds began on February 22, 2024. The shares were credited to the demat accounts of investors on February 22, 2024. Finally, the listing of Atmastco on the stock exchange occurred on February 23, 2024.
The Atmastco IPO was priced at ₹77 per share, with a lot size of 1600 shares. The total issue size was ₹56.25 crores, comprising a fresh issue of ₹42.20 crores and an offer for sale of ₹14.06 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Atmastco IPO Basic Details
| Company Name | Atmastco Limited |
| Domain of Company | EPS Service Company |
| Atmastco IPO GMP Today | ₹25 |
| Atmastco IPO Listing Gain | 32.47% |
| Atmastco IPO Open Date | February 15, 2024 |
| Atmastco IPO Close Date | February 20, 2024 |
| Atmastco IPO Allotment Date | February 21, 2024 |
| Atmastco IPO Listing Date | February 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹77 per share |
| Lot Size | 1600 Shares |
| Issue Size | 7,305,600 shares of ₹10 (aggregating up to ₹56.25 Cr) |
| Fresh Issue | 5,480,000 shares of ₹10 (aggregating up to ₹42.20 Cr) |
| Offer for Sale | 1,825,600 shares of ₹10 (aggregating up to ₹14.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Subramaniam Swaminathan Iyer, Mr. Venkataraman Ganesan, Mrs. Jayasudha Iyer and Apex Steel & Technology (India) Private Limited |
Atmastco IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹25 | 32.47% | – | – |
| 14 February 2024 | ₹25 | 32.47% | – | – |
Atmastco IPO Details:
Founded in April 1994, Atmastco Limited stands as a comprehensive service provider and project management expert in both the ferrous and non-ferrous sectors. Our expertise extends to turnkey and EPC (Engineering, Procurement, and Construction) projects.
Beyond our project management services, Atmastco Limited engages in the manufacturing of precision equipment and heavy fabrication structures tailored for diverse industrial applications. These products, such as Ceiling Girders, Railway Girders, Columns & Bracings, Bolted Structures, Equipment, and Pressure Ducts, find applications in Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refineries & Fertilizer Plants, and Pre-Engineered Buildings.
Our business operates across three main verticals:
- EPC/Turnkey Projects
- Fabrication/Manufacturing
- Defense
We serve a broad spectrum of industries, including power plants, refineries, steel plants, railways, cement plants, industrial and infrastructure, chemicals, pharmaceuticals, petrochemicals, and oil and gas explorations.
As of January 31st, 2024, we are actively managing a portfolio of 14 ongoing projects, showcasing our commitment to excellence.
Atmastco Limited’s financial performance has seen a positive trajectory, evident in the growth of total income as per the Restated Consolidated Financial Statements. Our income has risen from Rs. 9,46,814.26 Thousand in F.Y. 2021-2022 to Rs. 24,27,875.62 Thousand in F.Y. 2022-2023.
With two manufacturing facilities located in Bhilai, Durg, Chhattisgarh, and Dhamdha, District Durg, Chhattisgarh, we are strategically positioned to meet the diverse needs of our clients.
In a significant development, we established Atmastco Defence Systems Private Limited, a wholly-owned subsidiary, on July 22, 2020. This subsidiary is dedicated to manufacturing bulletproof jackets and helmets for military use, along with full-body protectors for female troops and related activities.
Our workforce of 276 skilled individuals across various departments contributes to the success and growth of Atmastco Limited.
Atmastco IPO More Details Click Here
Atmastco IPO FAQs
When is Atmastco IPO open?
Atmastco IPO will open on 15 February 2024.
When is Atmastco IPO Close?
Atmastco IPO will be closed on 20 February 2024.
What is Atmastco IPO GMP Today?
The Atmastco IPO GMP aka Grey Market Premium is ₹25.
What is Atmastco IPO Kostak Rates Today?
The Atmastco IPO Kostak Rate is ₹000.
What is Atmastco IPO Subject to Sauda Price Today?
The Atmastco IPO subject to sauda rates is ₹000.
Atmastco IPO Expected Returns?
The Atmastco expected return is 32.47%.
How much will be the listing gain in Atmastco IPO?
Atmastco IPO will get listing gain of 32.47%. (Approx.)
