Atal Realtech Limited IPO Subscription Period From 30th September To 7th October 2020:
To begin with, Atal Realtech Limited was embodied in 2012, and located at Mumbai. It is a construction company. The company mainly involved contracting and sub-contracting different government and private projects. The IPO subscription period will start on 30th September and it will close on 7th October 2020.
|Bid Period||30th September to 7th October 2020|
|IPO Type||Fixed Price Issue IPO|
|IPO Size||15,04,000 equity shares of Rs. 10 (aggregating up to Rs. 10.83 Cr)|
|Fresh Issue||3,04,000 equity shares of Rs. 10 (aggregating up to Rs. 2.19 Cr)|
|Offer for Sale||12,00,000 equity shares of Rs. 10 (aggregating up to Rs. 8.64 Cr)|
|Face Value||Rs. 10 per equity share|
|IPO Price||Rs. 72 per equity share|
|Market Lot||1,600 shares|
|Minimum Order Quantity||1,600 shares|
|Listing At||NSE SME|
The company introduced a ‘Fixed Price Issue‘ type initial public offering with the face value of Rs. 10 per equity share. Similarly, the price band of the issue is Rs. 72 per equity share. Furthermore, the company provided the IPO size of 15,04,000 equity shares worth Rs. 10.83 Cr.
The market lot and the minimum order quantity is 1,600 shares per each. If any investor should invest in this company with a minimum investment amount of Rs. 1,15,200 (1 lot = 1,600 shares).
Atal Realtech Limited Promoters Holding:
The promoter of the company is Mr Vijaygopal Atal.
|Pre Issue Holding||100%|
|Post Issue Holding||69.52%|
The objective of the company, it plans to utilize the IPO raised the amount for funding working capital requirement and general corporate purpose. Moreover, the company shares will list on the NSE SME.
The Atal Realtech Ltd. will issue the allotment order on 12th October 2020. If in case shares are not allotted to any investor the bid amount will be refunded on 13th October. The company shares will list on 15th October 2020 on NSE SME.
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: [email protected]
Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.