Atam Valves Ltd IPO

Closed

Subscription Details

  • Open Date 18 Sep
  • Close Date 25 Sep
  • Lot Size 3000
  • IPO Size ₹ 4.5 Cr
  • IPO Price Range ₹ 40
  • Min Investment ₹ 120000

Atam Valves Ltd IPO Timeline

Open Date
18 Sep
Close Date
25 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of 11,25,000 equity shares of face value of Rs. 10.00/- each (equity shares) of Atam Valves Limited (The Company or The Issuer) for cash at a price of Rs. 40 per equity share (The Issue Price), (including a premuim of Rs. 30 per equity share), aggregating Rs. 4.50 crores (The Issue), of which 57,000 equity shares of face value of Rs. 10.00/- for cash at a price of Rs. 30 each aggregating Rs. 0.23 crores will be reserved for subscription by market maker to the issue (The market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 10,68,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 40 per equity share, aggregating to Rs. 4.27 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.27 % and 25.89% respectively of the post issue paid up equity share capital of the company.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Atam Valves Ltd IPO

Contact Information

Address

1051 Industrial Area,
,
Jalandhar, Punjab 144004

Atam Valves Ltd IPO Lead Manager

Fedex Securities Pvt Ltd
Open Demat Account