IPO Issue Details
Issue Price / Price Band₹72 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size15,04,000 shares (aggregating up to ₹10.83 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 30 Sep 2020
Subscription CloseWed, 07 Oct 2020
Anchor AllotmentTue, 29 Sep 2020
Basis of AllotmentMon, 12 Oct 2020
Initiation of RefundsTue, 13 Oct 2020
Credit of Shares to DematWed, 14 Oct 2020
Listing DateThu, 15 Oct 2020
UPI Mandate Deadline2020-10-07
Application & Investment Details
Retail — Min (1 Lots)₹1,15,200 — 1,600 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (2 Lots)₹2,30,400 — 3,200 shares
Net Offer to Public14,27,200 shares (aggregating up to ₹10.28 Cr)
Reserved for Market Maker76,800 shares (aggregating up to ₹0.5530 Cr)
Pre-IPO Promoter Holding46,30,000 shares
Post-IPO Promoter Holding49,34,000 shares
Fresh Issue Shares2,27,200 shares (aggregating up to ₹1.64 Cr)
Offer for Sale Shares12,00,000 shares of ₹10 (aggregating up to ₹8.64 Cr)
About Atal Realtech Ltd.
Incorporated in 2012, Atal Realtech Ltd is a construction company mainly engaged in contracting and sub-contracting various government and private projects.They are registered contractor with the Government of Maharashtra Public Works Department and offers integrated civil works contracting and engineering services for structural construction and infrastructure sector projects. Majority of their projects implemented as a subcontractor for prakash Constrowell Ltd which is now known as Setubandhan Infrastructure Limited. They have successfully completed more than 20 projects under various contracting and / or sub-contacting agreements.Apart from construction, Company is also engaged in trading activities, wherein they supply construction materials to their various clients as per their specific requirements.The main area of their work includes:1. Civil construction projects, which include structures such as sports complex projects (Indoor and Outdoor Sports Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storages, Educational Institution, mass housing projects;2. Water Supply and Drainage Projects;3. Road and Bridges Projects;4. Major and Minor Irrigation Projects.
Objects of the Issue
Atal Realtech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Working Capital Requirement
1.55
2
General Corporate Purpose
0.46
Shareholding & Lock-in
Pre-IPO Promoter Holding
46,30,000 shares
Post-IPO Promoter Holding
49,34,000 shares