Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹56.25 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹56.25 Cr |
| Fresh Issue | ₹39.37 Cr |
| Offer for Sale | ₹14.06 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹77.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ATMASTCO |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Affinity Global Capital Market... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 23.15% |
| ROCE | 29.91% |
| Debt / Equity | 0.48% |
| RoNW | 23.15% |
| PAT Margin | 5.28% |
| Price to Book Value | 0.13 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.64 | 6.10 |
| P/E (x) | 11.6 | 12.62 |
| Promoter Holding | 97.39% | 68.43% |
| Market Cap | ₹190.46 Cr. | |
