
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
Overall Subscription
16.63x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
18.24x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | — | 52,142,400 | 0.00x |
| NIB | 3,469,600 | 63,268,800 | 18.24x |
| RETAIL | 3,469,600 | — | 0.00x |
| Total | 6,939,200 | 115,411,200 | 16.63x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,598 | 26,575 | 16.63x |
| HNIs (10L +) | 10 | 182 | 18.24x |
| HNIs (2-10L) | 49 | 894 | 18.24x |
| Total Applications | 1,657 | 27,651 | 16.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Atmastco Limited IPO is ₹6 per equity share. Based on the upper price band of ₹77 to ₹77 per equity share, the estimated listing price is ₹83 (+7.8% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹6, the expected profit per application lot is approx ₹9,600 (+7.8% gain). Minimum application cost is approx ₹1,23,200.
The Atmastco Limited IPO aggregate issue size is ₹56.25 Crores with an equity price band set at ₹77 to ₹77 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,23,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 16.63x (Retail: 0.00x, QIB: 0.00x, NII: 18.24x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-02-21. Investors can verify status using PAN card or application number.
Atmastco Limited shares are scheduled to list on NSE on 2024-02-23.