Atmastco Ltd. IPO

We are an ISO 9001-2015, ISO 9001-2015, ISO 45001-2018 & ISO 14001-2015 certified Company engaged in the business of executing Turnkey / Engineering, Procurement, and Construction (EPC) contracts in ferrous and nonferrous sector and provide end-to-end solutions offering multi-disciplinary ... services and project management solutions. We are an Engineering services company engaged in the business of: EPC •We have forayed into the business of providing engineering, procurement and construction (“EPC”) services in ferrous and non-ferrous sector in the year 2020. We have acquired business of Rs. 65,00,000 Thousands in the last 3 (three) years in verticals like Metal (ferrous & non-ferrous), Oil & Gas, Air Pollution Control, Lime & associated processing. Steel Fabrication •We are engaged in the business of design, manufacturing and supply of precision equipments and heavy fabrication structures for various industrial use. We undertake designing, Engineering, Fabrication and Erection work for our clients as per their specifications and customizations. Defence (Wholly owned Subsidiary) •We incorporated a separate legal entity for our wholly owned subsidiary namely Atmastco Defence Systems Private Limited on July 22, 2020 to carry on the business of manufacture of bullet proof jackets & helmets and paramilitary forces. especially for military application and full body protector for female troops and related activities. We also provide Engineering, Procurement and Supply (EPS) project services which involves integration of work between engineering and procurement on the one hand and supply of items and equipments of electrical, mechanical and automation on the other hand. We have incorporated our wholly owned subsidiary Atmastco Defence Systems Private Limited in 2020 to tap the growth opportunities available in defence sector. India’s defence sector has undergone major reforms as the Government of India is trying to strengthen the nation’s defence by reducing dependence on imports and providing impetus to self-reliance in defence manufacturing. We believe that given the opportunity size (domestic and export) nd potential revenue growth over many years will provide us with large and sustainable growth opportunities and ability to enhance shareholder’s value in the future. Our Wholly Owned Subsidiary has received license from Government of India to set up new Industrial plant to manufacture and supply Bullet Proof Jackets and Ballistic Helmets for military and para military forces. Our WOS Atmastco Defence System Private Limited has not commenced its production. Read more

Our Company was originally incorporated in the name & style of “Atmastco Private Limited” at Bhilai,Chhattisgarh (then Madhya Pradesh) as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing Registration Number ... 10-08234 dated April 7, 1994 issued by the Registrar of Companies, Madhya Pradesh and Gwalior. On December 02, 1994, our Company acquired the ongoing business of a partnership firm i.e., M/s. Atmastco having principal place of business at Bhilai, Madhya Pradesh (currently in Chhattisgarh) which commenced its business operations in 1988 and where one of our promoters Mr. Subramaniam Swaminathan Iyer was partner. Subsequently, our Company was converted into a Public Limited Company pursuant to special resolution passed by the shareholders of our Company at Extra- ordinary General Meeting held on March 22, 2016 and consequently the name of our Company was changed from “Atmastco Private Limited” to “Atmastco Limited” vide a fresh Certificate of Incorporation consequent upon conversion of Company to Public Limited Company dated May 10, 2016 bearing Corporate Identification Number U29222CT1994PLC008234 was issued by the Registrar of Companies, Chhattisgarh.

According to the Market Statsville Group (MSG), the global epc market size is expected to grow from USD 7,927.5 million in 2022 to USD 14,286.09 million by 2033, growing at a CAGR of 5.5% from 2023 to 2033.

The Engineering, Procurement, and Construction (EPC) market is a crucial sector ... within the broader engineering and construction industry. EPC companies offer end-to-end solutions for large-scale projects, such as the construction of infrastructure, industrial facilities, power plants, and more. These companies handle the entire project lifecycle, including design, procurement of materials and equipment, construction, and sometimes, even operation and maintenance. The EPC market plays a vital role in various sectors, including energy, transportation, manufacturing, and more. The global structural steel fabrication market size grew from $142.95 billion in 2022 to $163.16 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The structural steel fabrication market size is expected to grow to $245.8 billion in 2027 at a CAGR of 10.8%. Read more