Mumbai, Oct 6 (UNI)Atam Valves became the 328th company to get listed on the BSE SME Platform on Tuesday.
Atam Valves Limited came out with an initial public offering of 11,25,000 Equity Shares of Rs 10 face value each for cash at a price of Rs 40 per equity share (including a premium of Rs 30 per equity share), aggregating to Rs 4.5 cr.
The company has successfully completed its public issue on September 25, 2020.
Atam Valves Limited is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless-steel, forged steel as well as gun metal industrial valves of various types and sizes.. The company exports and exported in more than 13 regions, viz., United States, Kuwait, Kenya, South Africa, Malaysia, Dubai, Indonesia, Australia, Oman, Philippines, Ethiopia, Nepal and United Kingdom.
Mumbai - based FedEx Securities Limited was the lead manager to Atam Valves Limited.
UNI JS SB 1321