Atmastco IPO: Issue fully booked in retail category on first day so far; check GMP, other key details of SME IPO
₹56.25 crore, comprising a combination of fresh issue of 54.8 lakh equity shares aggregating to ₹42.20 crore and an offer for sale (OFS) of 18.26 lakh shares aggregating to ₹14.06 crore. Also Read: Thaai Casting IPO: Issue fully subscribed on day 1 led by retail investors; check GMP, issue details, review, more Atmastco IPO price band is set at ₹77 per share. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹123,200.
The equity shares of Atmastco Ltd will list on NSE SME with a tentative listing date fixed on February 23. Affinity Global Capital Market Private Limited is the book running lead manager of the Atmastco IPO, while Cameo Corporate Services Limited is the IPO registrar. Also Read: Wise Travel India IPO allotment in focus today; GMP drops, steps to check WTI Cabs IPO allotment status Atmastco IPO has been subscribed 76% so far on Thursday, the first day of the bidding process.
The issue received bids for 52.73 lakh equity shares as against 69.39 lakh shares on the offer, as per data available till 2:25 pm. The public issue has been subscribed 1.31 times in the retail category and 0.21 times in the Non-Institutional Investors (NII) category so far. The Qualified Institutional Buyers (QIB) are yet to place their bids so far.
Atmastco IPO is commanding a grey market premium (GMP) of ₹30 per share, as per stock market observers. This means Atmastco IPO GMP today is ₹30 per share. Thus, Atmastco shares are trading at a premium of 38.96% at ₹107 apiece on the grey market.
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