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Atam Valves Ltd got listed on BSE SME at Rs.38 against Rs.40 offer price

Atam Valves Ltd becomes the 328th company to get listed on BSE SME Platform.

Company : Atam Valves Limited

Atam Valves Ltd opened the SME IPO with 11,25,000 equity shares of face value of Rs.10 each aggregating up to Rs.4.50 Crores. The issue is priced at Rs.40 per equity share.

The IPO opened on Sep 18, 2020, and closed on Sep 25, 2020. On the first day of listing, that is 06th Oct 2020, the script of Atam Valves Ltd ended at Rs.38.

Mrs. Vimal Prakash Jain and Mrs. Amit Jain are the promoters of Atam Valves Ltd

The shares of Atam Valves Ltd are listed on the BSE SME Platform under MT Group of Securities. The listing code of the company on BSE SME is ATAM | 543236 | INE09KD01013.

Mr.Vimal Jain established the parent company called AMCO Industries, in the year 1972. The firm manufactured Bushing with the brand name 'AMCO". Atam valves Ltd offers Products range of Valves & Boiler Mountings: Brass, Bronze, Cast Iron, Cast Steel, Forged Steel & Stainless Steel Investment Casting valves and Boiler Mountings viz. Gate Valves, Globe Valves, Check Valves, Pressure-Reducing Valves, Steam Traps, Gauge Glass Cocks, Strainers

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