Atam Valves Ltd IPO (Atam Valves SME IPO) Detail

Sep 18, 2020 - Sep 25, 2020

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 Promoters:

Mr. Vimal Parkash Jain and Mr. Amit Jain are the promoters of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ 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

Objects of the Issue:

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

Atam Valves SME IPO Details

IPO DateSep 18, 2020 - Sep 25, 2020
Issue TypeFixed Price Issue IPO
Issue Size1,125,000 Eq Shares of ₹10
(aggregating up to ₹4.50 Cr)
Fresh Issue1,125,000 Eq Shares of ₹10
(aggregating up to ₹4.50 Cr)
Face Value₹10 per equity share
IPO Price₹40 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Atam Valves SME IPO Tentative Date / Timetable

Bid/Offer Opens OnSep 18, 2020
Bid/Offer Closes OnSep 25, 2020
Finalisation of Basis of AllotmentSep 30, 2020
Initiation of RefundsOct 1, 2020
Credit of Shares to Demat AcctOct 5, 2020
IPO Shares Listing DateOct 6, 2020

Atam Valves SME IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120,000
Maximum13000₹120,000

Atam Valves SME IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding72.73%

Atam Valves SME IPO Subscription Status (Bidding Detail)

DateNII RII Total

Sep 25, 2020 18:49

2.48x

3.35x

2.91x

Atam Valves SME IPO Prospectus

Atam Valves SME IPO Rating

86
2.9
Rating:Rated 2.9 stars

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Atam Valves SME IPO Listing Date

Listing DateTuesday, October 6, 2020
BSE Script Code543236
NSE Symbol
Listing InMT
ISININE09KD01013
IPO Price₹40 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹40.00
₹40.00
₹38.00
₹40.00
₹39.05
108,000

Atam Valves SME IPO Reviews / Ratings

Company Contact Information

Atam Valves Ltd
1051, Industrial Area,
Jalandhar,


Phone: 0181 5001111
Email: cs@atamfebi.com
Website: http://www.valvesexporters.com

Atam Valves SME IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Atam Valves SME IPO FAQs

  1. What is Atam Valves SME IPO?

    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 equity 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.

  2. How to apply in Atam Valves SME IPO through Zerodha?

    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

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Atam Valves SME 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.

  3. When Atam Valves SME IPO will open?

    The Atam Valves SME IPO opens on Sep 18, 2020 and closes on Sep 25, 2020.

  4. What is the lot size of Atam Valves SME IPO?

    Atam Valves SME IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

  5. How to apply for Atam Valves SME IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Atam Valves SME IPO allotment?

    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.

  7. When is Atam Valves SME IPO listing date?

    The Atam Valves SME IPO listing date is on Tuesday, October 6, 2020.

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