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Atmastco Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Feb 15 to Feb 20, 2024
Price Band ₹77
Current GMP ₹91 (18.18%)
Subscription 17.61 times

IPO Details

IPO Date
February 15, 2024 to February 20, 2024
Listing Date
Friday, February 23, 2024
Face Value
₹10 per share
Price
₹77 per share
Lot Size
1600 Shares
Total Issue Size
7,305,600 shares (aggregating up to ₹56.25 Cr)
Fresh Issue
5,480,000 shares (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
Share holding pre issue
19,254,690
Share holding post issue
24,734,690
Market Maker portion
366,400 shares Asnani Stock Broker

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers*
14.92
Retail Investors
18.24
Total **
17.61

Day Wise Sub

DayDay 1 Feb 15, 2024
NII*0.42
Retail2.51
Total1.47
DayDay 2 Feb 16, 2024
NII*0.71
Retail4.79
Total2.75
DayDay 3 Feb 19, 2024
NII*2.00
Retail8.81
Total5.41
DayDay 4 Feb 20, 2024
NII*14.92
Retail18.24
Total17.61

Day Wise GMP

Date23-02-2024
Price77.00
GMP6 (7.79%)
Estimate List Price83
Date22-02-2024
Price77.00
GMP6 (7.79%)
Estimate List Price83
Date21-02-2024
Price77.00
GMP6 (7.79%)
Estimate List Price83
Date20-02-2024
Price77.00
GMP7 (9.09%)
Estimate List Price84
Date19-02-2024
Price77.00
GMP6 (7.79%)
Estimate List Price83
Date18-02-2024
Price77.00
GMP15 (19.48%)
Estimate List Price92
Date17-02-2024
Price77.00
GMP15 (19.48%)
Estimate List Price92
Date16-02-2024
Price77.00
GMP15 (19.48%)
Estimate List Price92
Date15-02-2024
Price77.00
GMP15 (19.48%)
Estimate List Price92
Date14-02-2024
Price77.00
GMP28 (36.36%)
Estimate List Price105
Date13-02-2024
Price77.00
GMP20 (25.97%)
Estimate List Price97
Date12-02-2024
Price77.00
GMP10 (12.99%)
Estimate List Price87

IPO Important Dates

IPO Open Date
Thursday, February 15, 2024
IPO Close Date
Tuesday, February 20, 2024
Basis of Allotment
Wednesday, February 21, 2024
Initiation of Refunds
Thursday, February 22, 2024
Credit of Shares to Demat
Thursday, February 22, 2024
Listing Date
Friday, February 23, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 20, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1600
Amount₹123,200
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹123,200
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹246,400

Financial Information

Period EndedPeriod Ended
31 Aug 202331 Aug 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Aug 202324,391.56
31 Mar 202323,620.72
31 Mar 202213,273.94
Period EndedRevenue
31 Aug 20236,700.16
31 Mar 202324,278.76
31 Mar 20229,468.14
Period EndedProfit After Tax
31 Aug 2023628.74
31 Mar 20231,277.75
31 Mar 2022323.00
Period EndedNet Worth
31 Aug 20236,259.03
31 Mar 20235,520.33
31 Mar 20224,235.23
Period EndedReserves and Surplus
31 Aug 20234,763.72
31 Mar 20234,039.20
31 Mar 20222,754.10
Period EndedTotal Borrowing
31 Aug 20237,317.46
31 Mar 20237,125.68
31 Mar 20225,155.92

Key Performance Indicator

ROE
23.15%
ROCE
29.91%
Debt/Equity
0.48
RoNW
23.15%
P/BV
0.13
EPS (Rs)
6.64

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
366,400 (5.02%)
Other Shares Offered
3,469,600 (47.49%)
Retail Shares Offered
3,469,600 (47.49%)
Total Shares Offered
7,305,600 (100%)

Information about company

Incorporated in April 1994, Atmastco Limited is a turnkey/EPC contractor, providing multi-disciplinary services and project management solutions in the ferrous and non-ferrous sectors. The company is also involved in the manufacturing of various precision equipment and heavy fabrication structures used in different industrial applications. These products include Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment's and Pressure ducts, Box Columns, and more. They are widely used in construction of Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refinery & Fertilizer plants, and Pre-Engineered Building. The company's business comprises of three verticals EPC/Turnkey Projects Fabrication/Manufacturing Defense The customer base encompasses a wide range 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, the company has a portfolio of 14 ongoing projects. The company's business operations have displayed an upward trend, which is evident in the growth of its total income as per the Restated Consolidated Financial Statements. The income has increased from Rs. 9,46,814.26 Thousand in F.Y. 2021-2022 to Rs. 24,27,875.62 Thousand in F.Y. 2022-2023. The company has two manufacturing facilities. One is located opposite Karuna Hospital in Bhilai, Durg, Chhattisgarh, and the second unit is located in Dhamdha, District Durg, Chhattisgarh. The company established a separate legal entity for its wholly-owned subsidiary (WOS) called Atmastco Defence Systems Private Limited on July 22, 2020. This subsidiary is responsible for manufacturing bulletproof jackets and helmets specifically for military use, as well as full-body protectors for female troops and related activities. The company employs 276 people in various departments.

Disclaimer

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