Atal Realtech Ltd IPO (Atal Realtech IPO) Detail

Sep 30, 2020 - Oct 7, 2020

Incorporated in 2012, Atal Realtech Ltd is a construction company mainly engaged in contracting and sub-contracting various government and private projects.

They are registered contractor with the Government of Maharashtra Public Works Department and offers integrated civil works contracting and engineering services for structural construction and infrastructure sector projects. Majority of their projects implemented as a subcontractor for prakash Constrowell Ltd which is now known as Setubandhan Infrastructure Limited. They have successfully completed more than 20 projects under various contracting and / or sub-contacting agreements.

Apart from construction, Company is also engaged in trading activities, wherein they supply construction materials to their various clients as per their specific requirements.

The main area of their work includes:

1. Civil construction projects, which include structures such as sports complex projects (Indoor and Outdoor Sports Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storages, Educational Institution, mass housing projects;
2. Water Supply and Drainage Projects;
3. Road and Bridges Projects;
4. Major and Minor Irrigation Projects.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lacs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 5,730.34 5,002.59 2,816.60
Total Revenue 5,869.23 5,826.18 5,157.11
Profit After Tax 262.32 212.37 231.85

Objects of the Issue

The Objects of the Net Proceeds from Fresh Issue is to raise funds for:

1. Funding Working Capital Requirement;
2. General Corporate Purpose.

Atal Realtech IPO Details

Atal Realtech IPO Date Sep 30, 2020 to Oct 7, 2020
Atal Realtech IPO Face Value ₹10 per share
Atal Realtech IPO Price ₹72 per share
Atal Realtech IPO Lot Size 1600 Shares
Issue Size1,504,000 shares of ₹10
(aggregating up to ₹10.83 Cr)
Fresh Issue304,000 shares of ₹10
(aggregating up to ₹2.19 Cr)
Offer for Sale1,200,000 shares of ₹10
(aggregating up to ₹8.64 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

Mr. Vijaygopal Atal is the promoter of the Company.

Atal Realtech IPO Timeline (Tentative Timetable)

Atal Realtech IPO opens on Sep 30, 2020, and closes on Oct 7, 2020. The Atal Realtech IPO bid date is from Sep 30, 2020 10.00 A.M. to Oct 7, 2020 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Atal Realtech IPO Opening Date Sep 30, 2020
Atal Realtech IPO Closing Date Oct 7, 2020
Basis of Allotment Oct 12, 2020
Initiation of Refunds Oct 13, 2020
Credit of Shares to Demat Oct 14, 2020
Atal Realtech IPO Listing Date Oct 15, 2020

Atal Realtech IPO Lot Size

The Atal Realtech IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹115,200).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹115,200
Retail (Max) 1 1600 ₹115,200

Atal Realtech IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 69.52%

Atal Realtech IPO Review

ARL has posted inconsistent top and bottom lines for the last three fiscals. On the basis of P/E and P/BV parameters, the issue appears fully priced. Following COVID-19 pandemic scare, this sector is currently witnessing downturn with subdued demand. Cash surplus, risk savvy investors may consider an investment at their own risk in this IPO. Read detail review...

Atal Realtech IPO Subscription Status (Bidding Detail)

The Atal Realtech IPO is subscribed 1.20 times on Oct 7, 2020 5:00:01 PM. The public issue subscribed 0.40 times in the retail category, times in the QIB category, and 1.99 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Atal Realtech IPO Prospectus

Atal Realtech IPO Rating

Rating:Rated 3.5 stars
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Atal Realtech IPO Listing Date

Listing Date Thursday, October 15, 2020
BSE Script Code
Listing In ST Group of Securities
IPO Price ₹72 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹72.00
Open: ₹70.20
Low: ₹66.70
High: ₹70.20
Last Trade: ₹66.70

Company Contact Information

Atal Realtech Ltd
Shop No. 1, Sumangal Builder House,
Holaram Colony,
Sadhu Vaswani Road, Nashik - 422 002
Phone: +91-253-231 2627

Atal Realtech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Atal Realtech IPO Review

Atal Realtech IPO Recommendation Summary

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Atal Realtech IPO FAQs

Atal Realtech IPO is a SME IPO of 1,504,000 equity shares of the face value of ₹10 aggregating up to ₹10.83 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600 Shares.

The IPO opens on Sep 30, 2020, and closes on Oct 7, 2020.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Atal Realtech IPO using UPI as a payment gateway. Zerodha customers can apply in Atal Realtech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Atal Realtech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Atal Realtech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Atal Realtech IPO opens on Sep 30, 2020 and closes on Oct 7, 2020.

Atal Realtech IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in Atal Realtech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Atal Realtech IPO will be done on Oct 12, 2020, and the allotted shares will be credited to your demat account by Oct 14, 2020. Check the Atal Realtech IPO allotment status.

The Atal Realtech IPO listing date is on Thursday, October 15, 2020.
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Atal Realtech IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



10. arunARUN |   Link |Dec 8, 2020 8:15:03 AM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
As per my knowledge they deal in baked items only like bun, bread and foot long (subway kind bread) beside biscuits
Never heard any relations with non veg foods
9. SARITA S |   Link |Nov 20, 2020 11:38:38 AM
Allotted 6/6 lot.
Sold at 1790-1800 range.
Happy investing.
8. arunARUN |   Link |Nov 16, 2020 10:37:05 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
IPO price expected to be 1500. Any one who did not quote 1500 or cutoff price wont get allotment. So expect retail and HNI figure will be even lower after adjusting for rejection and applying on less than cutoff price
Normal error of application of 2 percent further expected.
My read is that all sellers at Rs 18 will cover themselves before listing
7. arunARUN |   Link |Nov 11, 2020 12:42:00 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
At 1 30 PM. Issue subscribed 99%.QIBs 3.05 times. Retail 19% NII 9%

Strange part is that investor will take exposure into gland via their mutual fund and insurance company but not directly

6. Praful Shettar |   Link |Nov 11, 2020 11:41:35 AM
Hoooo...!!! Best Time for the new retail investor to enter into the market . And get postion in to govt company. Those have missed previous govt sector. here is the time for u. ....!!
Happy Investing.... Happy life...!!!
5. Jabaidur rahaman |   Link |Oct 16, 2020 9:36:13 PM
4. Chem cho |   Link |Oct 7, 2020 6:31:49 PM
IPO Guru IPO Guru (2400+ Posts, 2600+ Likes)
3. Chem cho |   Link |Oct 4, 2020 7:22:52 AM
IPO Guru IPO Guru (2400+ Posts, 2600+ Likes)
3.1. DURAISWAm |   Link |Oct 7, 2020 11:51:19 AM
invester beware of SME ipo. It will loot our is very dangerous . I invested 112000 in BONLON INDUSTRIES and it's LTP on LTP is 17.00 So I lost nearly 44000 So think many many times if U want to invest in SME ipo. Please do dot invest in SME
2. DURAISWAm |   Link |Oct 7, 2020 11:49:55 AM
friends/invester beware of SME ipo. It will loot our is very dangerous . I invested 112000 in BONLON INDUSTRIES and it's LTP on LTP is 17.00 So I lost nearly 44000 So think many many times if U want to invest in SME ipo. Please do dot invest in SMEIpo
1. Ganesh Prajapati |   Link |Sep 29, 2020 10:45:47 AM