Atmastco IPO: The company plans to use the net fresh issue proceeds to meet the working capital requirements, to prepay and repay certain secured and unsecured loans and for general corporate purposes.
The issue closed on February 20, Tuesday. The issue was at a fixed price of Rs 77 per equity share. The equity shares will be listed on the NSE Emerge platform.
Atmatsco IPO will close for subscription on Tuesday. The IPO is a fresh issue and an offer for sale (OFS). The fresh issue comprises up to 54.80 lakh equity shares while aggregating up to Rs 42.19 crore. The total issue size is 7,305,600.
"Atmastco started with the trading of steel and industrial products, then into engineering and steel fabrication. We have done several fabrication and supply of more than 150000 MTns fabricated heavy steel structures for customers like BHEL, L&T MHI, EIL, NMDC, Railways etc."
Atmatsco IPO is a fresh issue and an offer for sale (OFS). The fresh issue comprises up to 54.80 lakh equity shares while aggregating up to Rs 42.19 crore. The total issue size is 7,305,600.