Atmastco Limited IPO Closed

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IPO date 15 Feb 2024 – 20 Feb 2024
Listing date 23 Feb 2024
Price range 77 – 77
Minimum order quantity 1600
(D)RHP View

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Atmastco Limited is launching its IPO. The offer opens for subscription on February 15, 2024 and will close on February 20, 2024.

Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on listing.

What does Atmastco Limited do?

Atmastco Private Limited was incorporated in 1994 in Bhilai, Chhattisgarh, and later converted into a Public Limited Company in 2016, it was renamed “Atmastco Limited.” It specializes in turnkey/Engineering Procurement and Construction (EPC) contracts, manufacturing precision equipment and heavy fabrication structures, and trading various industrial products. The company is ISO-certified and has over two decades of experience in executing projects in the ferrous and non-ferrous sectors.

They are recognized as an approved vendor by government organizations and cater to a diverse customer base, including power plants, refineries, steel plants, railways, and more. The company emphasizes strong relationships with suppliers for efficient raw material management. The management team, led by Mr. Subramaniam Swaminathan Iyer, has extensive industry experience, and the company has shown significant growth in financial performance.

Schedule/Timeline of Atmastco Limited IPO

Issue Period 15th February to 20th February 2024
Deadline for accepting UPI mandate  Until 5 PM on the issue closing day
Finalization of Allotment February 21, 2024
Initiation of Refunds February 22, 2024
Credit of Shares February 22, 2024
Date of Listing February 23, 2024
Mandate end date March 06, 2024
Anchor Investors Lock-In End Date (50% of the investment) March 22, 2024
Anchor Investors Lock-In End Date (Remaining investment) May 21, 2024

Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.

How to apply to the Atmastco Limited IPO?

You can apply for the Atmastco Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for the Atmastco Limited IPO?

You can check the allotment status for the Atmastco Limited IPO on the website of the Registrar and Transfer agent.