+919998510543

IPO

IPO Synopsis
Atmastco Ltd
Registered Office: 157-158 Light Industrial Area,Nandini Rd Opp.Karuna Hospital , Durg - 490026 , Chattisgarh , India.
Phone : +91 94252 35807   Fax:
Email :  cfo@atmastco.com  
Website :  www.atmastco.com
Initial public offering of up to 73,05,600 equity shares of face value of Rs. 10 each ("Equity Shares") of Atmastco Limited ("The Company"_ for cash at a price of Rs. 77/- per equity share (including a share premium of Rs. 67/- per equity share) ("Offer Price") aggregating up to Rs. 56.25 crores (the "Offer") comprising a fresh issue of up to 54,80,000 equity shares aggregating up to Rs. 42.19 crores by the company (the "Fresh Offer") and an offer for sale of up to 18,25,600 equity shares by Subramaniam Swaminathan Iyer and Venkataraman Ganesan aggregating up to Rs. 14.06 crores ("Selling Shareholders") ("Such Equity Shares offered by the selling shareholder, the "Offered Shares") (such offer for sale by the selling shareholder, the "Offer for Sale" and together with the fresh issue, "The "Offer"). Out of which 3,66,400 equity shares aggregating to Rs. 2.82 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. offer of upto 69,39,200 equity shares aggregating to Rs. 53.43 crores ("Net Offer"). The offer and the net offer will constitute 29.53 % and 28.05%, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Feb-24 20-Feb-24 Rs77.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 35.45
Affinity Global Capital Markets Pvt Ltd
Project Financed through Current Offer 56.25  
Post Issue Equity Share Capital 24.73  
Issue Price Rs77.00  
 
Projects
To meet working capital ExpenditureGeneral corporate purposes
To prepayment and repayment of all a portion of certain secured and unsecured loan availed by the company
Promoted By
Subramaniam Swaminathan Iyer
Venkataraman Ganesan
Jayasudha Iyer
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd