About the Company:
Atal Realtech Ltd is a construction company providing integrated civil works contracting and engineering services for structural construction and infrastructure sector projects.
Company is a registered contractor with the Government of Maharashtra Public Works Department in Class I-A.
Company engages in contracting and sub-contracting for various government and private projects which includes construction of commercial structures and industrial structures.
Company is situated at Nashik and many of our project sites are located in the State of Maharashtra, though we have undertaken projects in other parts of India.
Majority of the construction activity being undertaken by Atal Realtech Ltd includes civil & structural construction and infrastructure contracts under sub contracting by main contractors, who have been allotted the project by a principle employer.
Further, Company has undertaken a few projects directly as a Contractor for certain private construction companies and real estate developers.
Company’s projects include structures such as sports complex projects (Indoor and Outdoor Sport Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storages, Educational Institution, mass housing projects;
Company’s focus area includes:
- Civil construction projects.
- Water Supply and Drainage Projects.
- Road and Bridges Projects.
- Major and Minor Irrigation Projects.
Company’s Ongoing Projects:
Note: (2) The construction work for the said projects has been completed by February 2020. However, due the Covid-19 pandemic and ensuing lockdown, the “Work done” certificate and corresponding payments are yet to be received.
Management Team:
- Mr. Vijaygopal Atal (Designation: Managing Director)
- Mr. Nishit Atal (Designation: Non-Executive Non-Independent Director)
Objectives of the Issue:
- Funding Working Capital Requirement.
- General Corporate Purpose.
Financials of the Company:
| (in Crores) | FY 18 | FY 19 | FY 20 |
|---|---|---|---|
| Revenue | 51.57 | 58.26 | 58.69 |
| Net Profit | 2.31 | 2.12 | 2.62 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 30th September 2020 |
| Issue Closes on:. | 7th October 2020 |
| Issue Price | Rs.72 |
| Face Value | Rs.10 |
| Minimum Lot | 1600 |
| Minimum Investment | Rs.1,15,200 |
| Issue Constitutes | 30.48% |
| Issue Size | Rs.10.82 cr |
| Market Cap | Rs.35.52 cr |
| Listing at | NSE SME |
| Total Equity Shares Offered (Fresh+ OFS) | 15,04,000 |
| Equity Shares Prior to the Issue | 46,30,000 |
| Equity Shares after the Issue | 49,34,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 5.67 | 12.71 | 9.59% | 59.07 |
| Company Contact Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel: +91 – 22 – 6263 8200; Email: ipo@bigshareonline.com; Website: www.bigshareonline.com |
| IPO Registrar Info: |
|---|
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Opp. P. J. Towers (BSE Building) Fort, Mumbai – 400 001. Tel: +91 – 22 – 6216 6999 Email: ipo@afsl.co.in Website: www.afsl.co.in |
| Lead Manager to the Issue: |
|---|
| GALACTICO CORPORATE SERVICES LIMITED 2nd Floor, Shree Gurudev Tower, Above Shirpur Co-op. Bank Ltd, Canada Corner, Nashik – 422 005. Tel: +91 – 253 – 2319714 Email: info@galacticocorp.com Website: www.galaticocorp.com |
