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Incorporated in 1982, ATAM Valves limited is engaged in the business of various types of valves. The company's product range includes boiler mountings and various types of valves and fittings, steam traps and strainers.
Company manufacture bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves in various sizes. Also, they can alter the size as per customer requirement.
The company sell its product under two brand names, viz., ATAM and FEBI. Under the brand ATAM, they deal in Valves and fittings, steam traps and strainers. Under brand FEBI, they deal in Ball-Valves.
They have a presence in India as well as they export their product in United States, Kuwait, Kenya, South Africa, Malaysia, Dubai, Indonesia, Australia, Oman, Philippines, Ethiopia, Nepal and United Kingdom.
Competitive strengths
1. Fully integrated and self-reliant Manufacturing Facility
2. Experienced Management team
3. Focus on developing novel and innovative products
4. Technical expertise and vast industry experience
5. Customer-Base
6. Quality Assurance and Standards
7. Brand Value
Company purposes utilizing the net IPO proceed towards following objectives;
1. Repayment/ Prepayment of certain secured borrowings availed by the Company; and
2. General corporate purposes
| IPO Date | Sep 18, 2020 to Sep 25, 2020 |
| Listing Date | Oct 6, 2020 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 1,125,000 shares (aggregating up to ₹4.50 Cr) |
| Fresh Issue | 1,125,000 shares (aggregating up to ₹4.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 562500 |
| Retail Shares Offered | 562500 |
| Market Maker portion | 57,000 shares |
| Total Shares Offered | 1,125,000 |
Atam Valves SME IPO opens on Sep 18, 2020, and closes on Sep 25, 2020.
| Event | Tentative Date |
|---|---|
| Opening Date | Sep 18, 2020 |
| Closing Date | Sep 25, 2020 |
| Basis of Allotment | Sep 30, 2020 |
| Initiation of Refunds | Oct 1, 2020 |
| Credit of Shares to Demat | Oct 5, 2020 |
| Listing Date | Oct 6, 2020 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Atam Valves SME IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| Lot Size Calculator | |||
Mr. Vimal Parkash Jain and Mr. Amit Jain are the promoters of the company.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.73% |
| Particulars | For the year/period ended (Rs in lakhs) | |||
|---|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 1617.39 | 1,726.20 | 1,855.90 | |
| Total Revenue | 1632.54 | 1,841.34 | 1,732.23 | |
| Profit After Tax | 49.43 | 65.21 | 51.02 | |
[Dilip Davda] AVL has posted inconsistency in its top and bottom lines for the last three fiscals. The issue is priced aggressively compared to a listed peer. There is no harm in giving this costly offer a "MISS". Read detail review...
The Atam Valves SME IPO is subscribed 2.91 times on Sep 25, 2020 6:49:02 PM. The public issue subscribed 3.35 times in the retail category, times in the QIB category, and 2.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 2.48 |
| Retail | 3.35 |
| Total | 2.91 |
| Listing Date | Oct 6, 2020 |
| BSE Script Code | 543236 |
| NSE Symbol | |
| ISIN | INE09KD01013 |
| IPO Price | ₹40 per share |
| Price Details |
|---|
| IPO Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹40.00 |
| ₹40.00 |
| ₹38.00 |
| ₹40.00 |
| ₹39.05 |
Atam Valves Ltd
1051, Industrial Area,
Jalandhar,
Phone: 0181 5001111
Email: cs@atamfebi.com
Website: http://www.valvesexporters.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Atam Valves SME IPO is a SME IPO of 1,125,000 equity shares of the face value of ₹10 aggregating up to ₹4.50 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on Sep 18, 2020, and closes on Sep 25, 2020.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Atam Valves SME IPO using UPI as a payment gateway. Zerodha customers can apply in Atam Valves SME IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Atam Valves SME IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Atam Valves SME IPO opens on Sep 18, 2020 and closes on Sep 25, 2020.
Atam Valves SME IPO lot size is 3000 Shares and the minimum order quantity is .
You can apply in Atam Valves SME 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Atam Valves SME IPO will be done on Sep 30, 2020, and the allotted shares will be credited to your demat account by Oct 5, 2020. Check the Atam Valves SME IPO allotment status.
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