Atmastco Limited IPO
Atmastco IPO offers 54,80,000 fresh shares, INR 42.20 crores worth of shares, and 73,05,600 existing shares for working capital, loan repayment, and general operations.
Important Details
Date: Feb 15 to Feb 20, 2024 Listing Date: Feb 23, 2024 Price: INR 77 per share Lot Size: 1600 Shares Total Issue Size: INR 56.25 crores
Fundamental Analysis
Atmastco Ltd's IPO reveals impressive revenue, profit, RoNW, and EPS growth, showcasing a strong asset base and a compelling investment with a robust trajectory.
Peer Comparison
Atmastco Limited holds a unique market position as no listed Indian companies engage in EPC and fabrication for industrial sectors, precluding industry comparisons.
Objective
Atmastco Ltd aims to fund working capital, repay loans of INR 10.41 crores, and deploy balance for general corporate goals, ensuring growth, marketing, and meeting expenses.
Risks And Challenges
Atmastco faces legal uncertainties, customer dependency, and bidding competition risks. Yet, strategic strengths bolster their competitive edge in winning projects.
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