Atmastco Limited-Logo

Atmastco Limited

ATMASTCO

77-77

per share
Bidding Dates
15-20 Feb
Min. Investment
₹1,23,200.00
Lot Size
1600 shares
Issue Size
₹56.25 Cr
IPO Timeline
Bidding starts
15 Feb ‘24
Bidding ends
20 Feb ‘24
Allotment finalisation*
21 Feb ‘24
Refund initiation*
22 Feb ‘24
Demat transfer
22 Feb ‘24
Listing
23 Feb ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Atmastco Limited

Atmastco Limited, a stalwart in the industrial landscape since its inception in 1994, stands as a beacon of excellence in the realm of manufacturing, fabrication, and supply of precision equipment and heavy structures. With over two decades of unwavering commitment to quality and innovation, Atmastco has solidified its position as a trusted partner across a spectrum of industries, including Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refinery & Fertilizer plants, and more.

At the core of Atmastco's operations lies a relentless pursuit of excellence, characterized by a keen focus on minimizing overheads, cost control, and adherence to project schedules. Leveraging a wealth of experience and expertise, the company has successfully executed a myriad of projects encompassing manufacturing, fabrication, procurement, construction, commissioning, and servicing of various equipment.

As Atmastco embarks on its journey towards an Initial Public Offering (IPO), the company has meticulously crafted a strategic allocation plan for the proceeds from the Fresh Issue. This blueprint underscores Atmastco's unwavering commitment to sustainable growth and value creation for its stakeholders.

Under the visionary leadership of Mr. Subramaniam Swaminathan Iyer, the Promoter and Managing Director, Atmastco boasts of a seasoned management team comprising professionals who bring a wealth of knowledge and experience to the table. This dynamic leadership, coupled with a committed workforce, forms the backbone of Atmastco's success story.

With an unwavering dedication to excellence and a steadfast commitment to fostering strong relationships with customers and suppliers alike, Atmastco Limited is poised to scale new heights of success in the global industrial landscape.

  1. To meet the working capital requirements
  2. To prepayment and repayment of all or a portion of certain secured and unsecured loan availed by our company
  3. General Corporate Purpose and 
  4. To meet the Offer expenses 

Here are key details about the Atmastco Limited IPO:

Company Name Atmastco Limited   Atmastco Limited IPO Opening Date February 15, 2024
Company Established On 1994   Atmastco Limited IPO Allotment Status  February 21, 2024
Atmastco Limited IPO Closing Date February 20, 2024   Atmastco Limited IPO Listing Date February 23, 2024 
Credit of Shares to the Demat Account February 22, 2024   Atmastco Limited IPO Lot Size ₹77 per share
Atmastco Limited IPO Face Value ₹10 per share   Atmastco Limited IPO to be Listed on NSE
Atmastco Limited IPO Issue Size ₹56.25 Cr   Atmastco Limited IPO Price band  ₹77 per share

 

 

IPO analysis

Registrar information
Name
Cameo Corporate Services Limited
Phone number
+91-44-28460390
Email ID
priya@cameoindia.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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