
Emerging SME Services · NSE
Atmastco Limited is a turnkey EPC contractor offering multi-disciplinary services and project management solutions in the ferrous and non-ferrous sectors. The company specializes in manufacturing precision equipment and heavy fabrication structures, including ceiling girders, railway girders, bolted structures, pressure ducts, and box columns—widely used in power, steel, cement, railways, water treatment, refineries, and infrastructure projects. Its operations are divided into three verticals: EPC/Turnkey Projects Fabrication/Manufacturing Defense With a diverse customer base spanning power plants, refineries, steel plants, railways, pharmaceuticals, petrochemicals, and oil & gas, the company is currently handling 14 ongoing projects (as of January 31, 2024). Atmastco has two manufacturing units in Bhilai and Dhamdha, Chhattisgarh. It also established Atmastco Defence Systems Pvt. Ltd. in 2020, a wholly owned subsidiary that manufactures bulletproof jackets, helmets, and full-body protectors for female troops. The company's financial growth has been strong, with revenue increasing from ₹946.81 million in FY 2021-22 to ₹2,427.87 million in FY 2022-23. As of now, 276 employees support its operations across various departments.
Price Band
₹77
Issue Size
₹56.25 Cr
Lot Size
1600 shares
GMP
+7.8%
Est. Listing
₹83
at current GMP
Subscribed
16.63x
overall
Open
15 Feb 2024
Close
20 Feb 2024
Allotment
21 Feb 2024
Refund
22 Feb 2024
Demat Credit
23 Feb 2024
Listing
23 Feb 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹77
Band: ₹77
Estimated Listing Price
₹83
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,23,200
Estimated Profit / Lot
₹9,600
1600 × ₹6
Grey Market Premium trend
+₹6
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹6 | 7.8% | ₹83 |
| 30 Oct 2026 | +₹6 | 7.8% | ₹83 |
| 29 Oct 2026 | +₹5 | 7.0% | ₹82 |
GMP is unofficial market data. Not a guarantee of listing performance.
Atmastco Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹56.25 Crores. The shares are offered at a price band of ₹77 to ₹77 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-02-20, the basis of allotment is scheduled to be finalized on 2024-02-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
The latest grey market premium for Atmastco Limited IPO is ₹6, which indicates an expected listing price of ₹83.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.