Atmastco Limited
- Minimum Investment₹1,23,200
- Price Range₹77 - ₹77
- Issue Size₹56.25 Cr
- Lot Size1600 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
To meet the working capital requirements
To prepay and repay all or a portion of certain secured and unsecured loans availed by the company
General corporate purpose
To meet the offer expenses
Strengths & Weaknesses of Atmastco Limited
Track record
The company has pre-qualified credentials, strategic alliances, and a track record of over 28 years with various completed projects and organic growth due to goodwill in the market
Wide range of solutions
The company is an engineering solution provider with well-equipped manufacturing facilities. It is a multidisciplinary engineering company engaged in the design, manufacture, supply, and erection of fabricated structural items and mechanical equipment, such as ceiling girders, railway girders, columns, and bracings, etc., used in steel plants, energy and power sectors, refineries, railway bridges, industrial and infrastructure sectors, etc
Robust order book
The contract-wise details of work in hand as per the order book of the company as of 31 January 2024 amount to Rs 742.8 crore
Legal proceedings
The company and its directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the business, results of operations, and financial conditions
Extremely competitive environment
The company operates in an extremely competitive environment, with many domestic players in its segment, and may not be able to maintain its market position, which may adversely impact the business
Dependent on few customers
The business is substantially dependent on certain key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on the business and results of operations
Financials
Earnings Per Share
No Data
Income Statement
Particulars (In Cr) | Mar 2023 | Y/Y Change |
---|---|---|
Operating Revenue | 241.95 | +158.46% |
Other Income | 0.84 | -21.71% |
Total Income | 242.79 | +156.43% |
Total Expenditure | 224.58 | +149.38% |
EBIDT | 31.82 | +111.30% |
Depreciation | 3.83 | +47.59% |
Interest | 9.78 | +24.82% |
Tax | 5.43 | +288.46% |
Net Profit | 12.78 | +295.58% |
Balance Sheet
Particulars (In Cr) | Mar 2023 | Y/Y Change |
---|---|---|
Total Current Assets | 203.77 | +98.24% |
Total Non-Current Assets | 32.43 | +8.30% |
Fixed assets | 29.64 | +5.68% |
Total assets | 236.21 | +77.95% |
Total Current Liabilities | 126.61 | +91.98% |
Total Non-Current Liabilities | 54.40 | +122.57% |
Total Capital Plus Liabilities | 236.21 | +77.95% |
Total Shareholder Funds | 55.20 | +30.34% |
Total Debt to Equity | 1.29 | +6.04% |
Cash Flow
Particulars (In Cr) | Mar 2023 | Y/Y Change |
---|---|---|
Cash from Operating Activity | 20.07 | +584.70% |
Cash from Financing Activities | 23.03 | -2600.61% |
Cash from Investing Activities | -4.59 | -799.09% |
Net Cash Flow | 38.51 | +1343.41% |
About Atmastco Limited
- PromoterSubramaniam Swaminathan Iyer
- PromoterG Venkataraman
- PromoterJayasudha Iyer
- PromoterApex Steel & Technology India Private Limited