How To Check Atmastco IPO Allotment Status

Atmastco, a company specializing in construction and manufacturing, concluded its initial public offering (IPO) with a remarkable subscription rate. On the final day of its subscription, the IPO reached a total subscription of 17.61 times.

Checking IPO Allotment Status on Registrar's Website

Follow these steps to check the Atmastco IPO allotment status:

1. Go to the Cameo Corporate Services Limited IPO website.
2. Choose “Atmastco Limited” from the company drop-down list on the IPO Allotment Status page.
3. Select one of the options – PAN number, DP Client ID, or Application Number. Then, enter the respective number in the provided field.
4. Fill in the captcha code as displayed on the screen.
5. Click on the “Submit” button.
6. Your IPO allotment status will be displayed on the screen.

Atmastco IPO Subscription Status

The IPO, valued at ₹56.25 crore, was a mix of fresh issue and offer for sale. It comprised 54.8 lakh shares worth ₹42.20 crore in a fresh issue and 18.26 lakh shares totaling ₹14.06 crore in an offer for sale, priced at ₹77 per share. This fixed price IPO attracted significant interest from various investor segments.

Non-institutional investors subscribed 14.92 times, while retail investors showed even greater enthusiasm, subscribing 18.24 times.

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Atmastco IPO Listing Details

Atmastco is scheduled to make its market debut on the NSE SME platform on Friday, February 23, 2024. This listing will follow a series of steps including the IPO closure, allotment basis determination, initiation of refunds, and credit of shares to investors’ Demat accounts.

Atmastco Limited Company Background

Founded in 1994, Atmastco Limited operates in the construction and manufacturing sectors, producing equipment for various industries including power plants and railways. The company boasts two facilities in Chhattisgarh and has expanded into the defense sector with its subsidiary, Atmastco Defence Systems, which manufactures military gear.

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