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ATMASTCOSME / NSEListed

Atmastco Limited

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.

₹77 - ₹7716.63x sub
Listed Price91.00
Listing Gain+18.18%
TimelineFixed Price Issue IPO
Open15 Feb 2024
Close20 Feb 2024
Allotment21 Feb 2024
Listing23 Feb 2024

Quota Reservation Portions

RetailPortion: 34,69,600 shares
47.49%
Nii(hni)Portion: 34,69,600 shares
47.49%
Market MakerPortion: 3,66,400 shares
5.02%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,23,200
HNI2 lots / 3,200 shares
₹2,46,400

About the Company

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.

Company Promoters

Mr. Subramaniam Swaminathan IyerMr. Venkataraman GanesanMrs. Jayasudha IyerApex Steel & Technology (India) Private Limited.