59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Atmastco Limited IPO (Atmastco IPO) Detail

Atmastco IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Bhilai and caters to Engineering - EPC sector. Affinity Global Capital Market is the merchant banker of Atmastco IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd November 2023.

Atmastco IPO open date is 15th February 2024 and close date is 20th February 2024. IPO Allotment Date is 21st February 2024 and Listing date is 23rd February 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 56.25 Cr. Avg IPO Size (Sector Based) : ₹ 31.62 cr.
  • Sector: Engineering - EPC SME IPO so far: 20
  • Merchant Banker: Affinity Global SME IPO by BRLM so far: 4
  • City: Bhilai SME IPO so far: 2
  • Revenue (annualised): ₹ 160.80 cr.
            (annualised): ₹ 15.10 cr.
  • PE Ratio: 12.62x Average Sector PE Ratio: 13.10x

Atmastco IPO Date

Date of DRHP:
22nd November 2023
IPO Open Date:
15th February 2024
IPO Closing Date:
20th February 2024
IPO Allotment Date:
21st February 2024
Initiation of Refund:
22nd February 2024
IPO Listing Date:
23rd February 2024

Atmastco Limited IPO Info, Size, Subscription

Atmastco IPO size is ₹ 56.25 Cr. with IPO price of ₹ 77.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 56.25 Cr.

Issue Price:
₹ 77.00

Market Capitalisation :
₹ 190.46 Cr.

PE multiple :
12.62

Subscription :
17.61 times

Pre Issue Promoter Holding :
97.39 %

Post Issue Promoter Holding :
68.43 %

Atmastco IPO Information

Sub Sector : Engineering EPC
Atmastco was incorporated as “Atmastco Private Limited” at Bhilai, Chhattisgarh (then Madhya Pradesh) as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 7, 1994 issued by the Registrar of Companies, Madhya Pradesh and Gwalior bearing Registration Number 10-08234. On December 02, 1994, the Company acquired the ongoing business of a partnership firm i.e., M/s. Atmastco having principal place of business at Bhilai, Madhya Pradesh (currently in Chhattisgarh) which commenced its business operations in 1988 and where one of their promoters Mr. Subramaniam Swaminathan Iyer was partner. Subsequently, the Company was converted into a Public Limited Company pursuant to special resolution passed by the shareholders of the Company at Extra- Ordinary General Meeting held on March
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Object of Issue (Atmastco Limited IPO Objectives)

  • To meet the working capital requirements
  • To prepayment and repayment of all or a portion of certain secured and unsecured loan availed by the company
  • General Corporate Purpose and
  • To meet the Offer expenses

Affinity Global Capital Market Private Limited is the book-running lead manager of the Atmastco IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Asnani Stock Broker Private Limited for Atmastco IPO.

Atmastco Limited IPO Market Maker

Asnani Stock Broker Private Limited

Atmastco Limited IPO Registrar (RTA)

Cameo Corporate Services Limited

Atmastco Limited IPO Lead Manager (BRLM)

Affinity Global Capital Market Private Limited

Atmastco IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Atmastco IPO?

Atmastco IPO, based in Bhilai, operates in the   Engineering - EPC sector with a focus on Engineering EPC. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Atmastco IPO size is ₹ 56.25 Cr. with fresh issue size of ₹ 42.20 Cr. and Offer for sale being ₹ 14.05Cr.

When is Atmastco Limited IPO allotment?

The IPO allotment date for Atmastco IPO is expected to be 21st February 2024, after the finalization of basis of allotment. Investors can check Atmastco IPO allotment status on the registrars website, Cameo Corporate Services Limited. Atmastco IPO refund dates are 22nd February 2024.

When is Atmastco IPO listing date?

Atmastco IPO is expected to be listed on 23rd February 2024.

What is the price band for Atmastco Limited IPO?

The upper price band for the Atmastco IPO is set at ₹ 77.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Atmastco IPO Review?

For IPO analysis on Atmastco IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Atmastco IPO?

To apply for the Atmastco IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th February 2024. After submission, funds are blocked until the basis of allotment of Atmastco IPO is finalised.

Who is the merchant banker of Atmastco Limited IPO?

The merchant banker for Atmastco IPO is Affinity Global Capital Market Private Limited . Affinity Global Capital Market Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Atmastco IPO RHP for further details.

Who is the Registrar of Atmastco IPO?

The registrar for Atmastco IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Atmastco IPO through their official website or helpline.

What is the Atmastco IPO subscription?

Atmastco IPO was subscribed 17.61 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 56.25 Cr. Avg IPO Size (Sector Based) : ₹ 31.62 Cr.
  • Sector: Engineering - EPC SME IPO so far: 20
  • Merchant Banker: Affinity Global SME IPO by BRLM so far: 4
  • City: Bhilai SME IPO so far: 2
  • Revenue (annualised): ₹ 160.80 cr.
            PAT: (annualised): ₹ 15.10 cr.
  • PE Ratio: 12.62x Average Sector PE Ratio: 13.10x
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FAQs

Atmastco IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Atmastco Financial Review Page

Atmastco IPO subscription was 17.61 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Atmastco IPO listed at a listing price of 95.55 against the offer price of 77.00.

The current market price of Atmastco is 166.60.

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