Atmastco Limited IPO Message Board (Page 8)

2. kapildevsharma | Link | Bookmark | February 12, 2024 10:24:43 PM

Order book of 700 cr seems a good bet for long term.
valution is good
strong defense DRDO supplier.

Marker Cap 180 cr
PE 12 Justified

2.1. MartinS | Link | Bookmark | February 16, 2024 10:23:17 AM

Where do we get to know the order book of this company. ? Can u guide here.
Thanks

1. rohiitian | Link | Bookmark | February 11, 2024 9:03:24 PM

IPO Mentor (700+ Posts, 400+ Likes)

Large size, fixed price IPO, which means the HNI (other) category will be atleast 25 Cr (for comparision, it's only 10.5 Cr in Alpex).

Usually QIBs don't come in fixed price issues (though they may here, we don't know), but atleast the size means that allotment chance is good. Sector is also hot, and only concern is apparent revenue degrowth (on annualized basis - but honestly order book is great). Likely FF candidate.

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3.1. MuStrFc | Link | Bookmark | February 12, 2024 10:23:45 PM

IPO Mentor (1300+ Posts, 600+ Likes)

The defence subsidiary which constitutes a small part is also a positive. The order book though, good in numbers, but since timeline for completion of the same is not mentioned, per year growth on annualised basis is unknown. Since they have recently forayed into EPC segment, the probable reason why revenue has a de-growth since the company has entered into segment just a year back from their primary business.

Issue size and LM are on the positive end as well.

3.2. rohiitian | Link | Bookmark | February 15, 2024 1:33:53 PM

IPO Mentor (700+ Posts, 400+ Likes)

There's a good 30 min video with the promoters combined with a factory visit - the management expects revenue for FY'24 at 280-300 Cr based on current project delivery, and another 40% growth on this in FY'25. Well worth watching the video if people are interested in this stock.

I'll be applying FF, irrespective of GMP

3.3. Mahaveer Prasad Gupta | Link | Bookmark | February 18, 2024 11:40:22 AM

@rohiitian
What is your opinion for this IPO now after GMP coming down to 15 only.

Are you still applying with full force or any change of plan.

Please advise, I am confused.

3.4. rohiitian | Link | Bookmark | February 18, 2024 11:55:08 AM

IPO Mentor (700+ Posts, 400+ Likes)

@Mahaveer Prasad Gupta I hope GMP stays low, will make it easier to get multiple lots (I don't sell in gray).

No change in mind - it's a top quality biz, and should even be good in the long run

3.5. NATAKBAAJ | Link | Bookmark | February 18, 2024 10:04:17 PM

Is it safe if i apply fifteen retail applications from seperate accounts? How much allotments I can expect from 15 retail applications.

I can hold for long term.

3.6. Pangaj Don't be like me | Link | Bookmark | February 19, 2024 2:47:20 PM (200+ Posts)

Hi @rohiitian ,

what is your expected HNI? 10x?

3.7. rohiitian | Link | Bookmark | February 19, 2024 3:16:27 PM

IPO Mentor (700+ Posts, 400+ Likes)

Hard to say - fixed price issue, so allotment will happen at average of HNI + Retail (if HNI < Retail), and that is already at ~5x. Will have a better picture at 2pm tomorrow, but I doubt it'll be less than 30x. @Pangaj Don't be like me

3.8. Pangaj Don't be like me | Link | Bookmark | February 19, 2024 3:44:08 PM (200+ Posts)

HI @rohiitian ,

if average of HNI+RII is 30x, who ever applied less than 30lots have same probability(both HNI+RII)?