|Issue Date||18/09 - 25/09|
|Issue Size||₹4.5 Cr|
|Market Lot||3000 Shares|
|Shares on Offer||1,125,000|
|Subject to Sauda||N/A|
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.
Mr. Vimal Parkash Jain and Mr. Amit Jain are the promoters of the company.
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".
|Total Assets (In ₹ Millions)||1617.39||1,726.20||1,855.90|
|Total Revenue (In ₹ Millions)||1632.54||1,841.34||1,732.23|
|Profit After Tax (PAT) (In ₹ Millions)||49.43||65.21||51.02|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 18 Sep 2020||1.66||0.15||0.90|
|Day 2 - 21 Sep 2020||2.09||1.10||1.59|
|Day 3 - 22 Sep 2020||2.17||1.55||1.86|
|Day 4 - 23 Sep 2020||2.17||1.95||2.06|
|Day 5 - 24 Sep 2020||2.41||2.75||2.58|
|Day 6 - 25 Sep 2020||2.48||3.35||2.91|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Atam Valves Ltd IPO will open on 18/09 and close on 25/09.
Atam Valves Ltd IPO will list on .
The offer price of Atam Valves Ltd IPO is ₹40.
The lot size of Atam Valves Ltd IPO is 3000.
The Grey Market Premium (GMP) price of Atam Valves Ltd IPO is Not Available at the moment.
The Kostak price of Atam Valves Ltd IPO is Not Available at the moment.
The Subject to Sauda price for Atam Valves Ltd IPO is Not Available at the moment.
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