Atam Valves Ltd - IPO

Atam Valves Ltd IPO Details

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.

Objective of issue

Repayment/ Prepayment of certain secured borrowing availed by the company. General corporate purpose.

Atam Valves Ltd Contact Details

Atam Valves Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@atamfebi.com

Website - www.atamvalves.in