Atmastco Share Price Live

Atmastco Limited was incorporated as 'Atmastco Private Limited' as a Private Limited Company at Bhilai, Chhattisgarh vide Certificate of Incorporation on April 7, 1994 issued by the RoC, Madhya Pradesh. Subsequently, the Company was converted into a Public Limited Company by the Shareholders on March 22, 2016 and name of the Company was changed to 'Atmastco Limited' vide a fresh Certificate of Incorporation dated May 10, 2016 issued by the RoC, Chhattisgarh. The Company started operations in 1988 as a Partnership Firm by one of its Promoters, Mr. Subramaniam Swaminathan Iyer in the name of 'M/s. Atmastco' in Bhilai, Madhya Pradesh. On December 02, 1994, the Company acquired the ongoing business of a said Partnership Firm, where one of its Promoters, Mr. Subramaniam Swaminathan Iyer was a Partner. The Company is engaged in design, manufacturing and supply of precision equipments and heavy fabrication structures for various industrial use. The Company is mainly into manufacturing and fabrication work of heavy structures such as Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipments and Pressure ducts, Box Columns, etc. which are used in Power and Energy, Steel Plants, Cement Plants, Railway Bridges, Water Treatment Plants, Refinery & Fertilizer Plants, Pre Engineered Buildings, etc. Apart from these, it is also engaged into trading of steel, iron, chemical alloys, metals, grinding wheels, welding electrodes, abrasives, industrial helmets which are used extensively for industrial use. With an installed capacity of 18000 MTPA, the Company has its own manufacturing facilities well equipped with requisite plant and machineries to carry out engineering works. The handling capacity of the plant is 350 MT considering Unit I and Unit II together. It has installed CNC Plasma Plate Processing Line and Punching and Drill Machines which are duly imported from M/s. Germany and Kalentbach, Germany to ensure quality output. A new Beam Processing Line is also installed for manufacturing railway bridges and girders. The Company later on, commenced its commercial activities in Engineering & Erection Business. In 2012, it started manufacturing Heavy Structures for Super Critical Boilers for Bharat Heavy Electrical Ltd. (BHEL) and L&T. In 2019, it got into agreement for transfer of technology with Defence Materials and Stores Research and Development Establishment (DMSRDE), Kanpur, Defence Research and Development Organization (DRDO), India on March 25, 2019 for manufacturing of Bullet Proof Jackets. The Company is planning to come out with an initial public offer consisting of 54,78,000 Equity Shares through fresh issue.