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Open
15 Feb 2024
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Close
20 Feb 2024
3
Allotment
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Listing
Fri, Feb 23, 2024
Price Band
₹77 per share
Issue Size
73,05,600 shares (agg. up to ₹56 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Feb 23, 2024
Latest GMP
₹6
Est. Gain
7.79%
✦ AI Insight
GMP Trend
23-02-2024₹6Est. ₹83+7.79%
22-02-2024₹6Est. ₹83+7.79%
21-02-2024₹6Est. ₹83+7.79%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 17.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 243.92 | 236.21 | 132.74 | 120.36 |
| Total Income | 67.00 | 242.79 | 94.68 | 69.91 |
| Profit After Tax | 6.29 | 12.78 | 3.23 | 0.60 |
| NET Worth | 62.59 | 55.20 | 42.35 | 39.12 |
| Reserves and Surplus | 47.64 | 40.39 | 27.54 | 24.31 |
| Total Borrowing | 73.17 | 71.26 | 51.56 | 54.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.80 (-5.08%) |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹67.85 (+4.95%) |
| Vishnusurya Projects & Infra Ltd. | SME | ₹49.98 Cr | ₹68 | 2.69 | ₹76.65 | +12.72% | ₹160.00 (+0.00%) |
| Chavda Infra Ltd. | SME | ₹43.26 Cr | ₹65 | 9.72 | ₹86.45 | +33.00% | ₹105.25 (+1.15%) |
| Vishnu Prakash R.Punglia Ltd. | Mainboard | ₹308.61 Cr | ₹99 | 13.61 | ₹145.70 | +47.17% | ₹25.83 (-1.75%) |
| Udayshivakumar Infra Ltd. | Mainboard | ₹66.00 Cr | ₹35 | 9.67 | ₹31.50 | -10.00% | ₹22.18 (+0.27%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital Expenses | 11.78 |
| 2 | To Prepayment and repayment of all a portion of certain Secured and Unsecured loan availed by our company | 10.41 |
| 3 | General Corporate Purposes* | 13.26 |
| 4 | To meet the Offer Related Expenses | 6.75 |
About Atmastco IPO
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
Contact Details
Atmastco Ltd. Address157-158, Light Industrial Area, Nandini Road, OppKaruna Hospital, DurgBhilai, Chhattisgarh, 490026+ 91 94252 35807cfo@atmastco.comVisit Website