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Atmastco Limited IPO

Atmastco Limited, a prominent turnkey/EPC contractor, is set to launch its Initial Public Offering (IPO). Specialising in various services and project management across ferrous and non-ferrous sectors, the IPO marks a significant milestone for the company, offering investors the opportunity to participate in its growth and expansion endeavours. Let’s look into the Atmastco IPO Details.

Atmastco Limited IPO Details

Here's a table summarising the IPO details for Atmastco Limited:



Parameter Details
IPO Open Date February 15, 2024
IPO Close Date February 20, 2024
Allotment Date 21 Feb 2024
Listing Date 23 Feb 2024
Face Value Rs. 10 per share
Price Rs. 77 per share
Lot Size 1600 Shares
Total Issue Size 7,305,600 shares (₹56.25 Cr)
Fresh Issue 5,480,000 shares (₹42.20 Cr)
Offer for Sale 1,825,600 shares of ₹10 (₹14.06 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Shareholding Pre-Issue 19,254,690
Shareholding Post-Issue 24,734,690
Market Maker Portion 366,400 shares
Market Maker Asnani Stock Broker

Checkout the List of Upcoming IPO.

The Atmastco IPO, slated from February 15 to February 20, 2024, offers 7,305,600 shares at a face value of Rs. 10 per share. Priced at Rs. 77 per share, the IPO comprises a total issue size of Rs. 56.25 crores, with 5,480,000 shares as fresh issue and 1,825,600 shares for sale. The lot size stands at 1600 shares. Following the IPO, the pre-issue shareholding of 19,254,690 will increase to 24,734,690. The listing is scheduled on the NSE SME platform, with Asnani Stock Broker designated as the market maker, holding 366,400 shares.

About the Atmastco Company

Established in April 1994, Atmastco Limited stands as a distinguished turnkey/EPC contractor, delivering comprehensive services and project management solutions in the ferrous and non-ferrous sectors. Beyond contracting, the company engages in precision equipment manufacturing and heavy fabrication, crafting vital components like Ceiling Girders, Railway Girders, and Pressure Ducts for diverse industrial applications.

Its clientele spans an array of industries, from power and steel plants to railways and refineries. With a robust portfolio of ongoing projects and a steady upward trajectory in total income, the company demonstrates a commitment to excellence and growth.

Operating across three key verticals—EPC/Turnkey Projects, Fabrication/Manufacturing, and Defense—Atmastco Limited's footprint extends through its two manufacturing facilities in Chhattisgarh.

Additionally, the establishment of its subsidiary, Atmastco Defence Systems Private Limited, underscores its diversification into defence manufacturing, specialising in critical military equipment production. With a dedicated workforce of 276, Atmastco Limited continues to drive innovation and deliver quality solutions to meet evolving industry demands.

Atmastco Company Financial Highlights

Here are the Atmastco IPO financial highlights to look for before investing in this IPO -

Particulars March 2021 March 2022 March 2023
Revenue 6,990.68 9,468.14 24,278.76
Profit After Tax 60.46 323.00 1,277.75
Assets 12,036.21 13,273.94 23,620.72
Net Worth 3,912.23 4,235.23 5,520.33

*All the figures are in lakhs.

Strengths & Weakness

Strengths Weaknesses
Over 20 years of experience in design, manufacturing, and supplying precision equipment and heavy fabrication structures for diverse industries and EPC. Economic and business conditions in our markets and local/regional economies.
Trading activities encompass steel, iron, chemical alloys, metals, grinding wheels, welding electrodes, abrasives, and industrial helmets tailored for industrial applications. Government policies leading to high taxes.
Diversified business model featuring a wide product portfolio and unwavering commitment to quality. Inflation, deflation, interest rate fluctuations.
Well-established distribution network and enduring relationships with clientele. Environmental issues and uninsured losses.
Equipped with an integrated manufacturing facility to ensure the delivery of top-notch products.

How to apply in IPO via UPI on Dynami

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How to apply for Atmastco Limited IPO?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Atmastco Limited IPO and approve the payment on your UPI ID.

Demat Account

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Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.

  • The issue share price for Atmastco Limited is fixed at ₹77 apiece.

  • The minimum lot size for Atmastco Limited's IPO is set at 1600 shares per lot.

  • The minimum investment required to participate in Atmastco IPO is Rs. 1,23,200, considering the lot size of 1600 shares priced at Rs. 77 per share.