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Company Information

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ATMASTCO LTD.

22 November 2024 | 12:00

Industry >> Engineering - Heavy

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ISIN No INE05DH01017 BSE Code / NSE Code / Book Value (Rs.) 43.65 Face Value 10.00
Bookclosure 52Week High 394 EPS 6.61 P/E 28.58
Market Cap. 467.11 Cr. 52Week Low 90 P/BV / Div Yield (%) 4.33 / 0.00 Market Lot 400.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
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.

Major events and milestones:
1994
-Incorporation of the Company in the name and style of "Atmastco Private Limited"
-Acquisition of partnership firm M/s. Atmastco, where one of our promoters Mr. Subramaniam Swaminathan Iyer was partner.

2006
-Awarded the "Certificate of Excellence" in Vendor meet 2006 for their meritorious performance by NEG Micon (India) Pvt Ltd.

2012
-Started manufacturing Heavy Structures for Super Critical Boilers for Bharat Heavy Electricals Ltd. and L&T

2016
-Conversion into Public Limited Company as "Atmastco Limited". Received certificate of Achievement for outstanding contribution of Team work in EHS (Environment Health and Safety) from L & T Construction 

2018
ISO 9001:2015 Certification for the following business activities:
- Fabrication of all types of Steel and Technological Structures;
- Manufacture and Supply of Heavy Fabricated Components, Machine Components like bridge girder, ducts, shells, tanks & vessels;
- Trading of various grades of Steel Plates, Structural, Tools and Equipments.

2019
-Awarded "ZED" (Zero Defect Zero Effect) Certificate by Ministry of Micro, Small & Medium Enterprises and Quality Council of India.

2020
-Entered into licensing agreement for transfer of technology with Defence Materials and Stores Research and Development Establishment (DMSRDE), Kanpur and Defence Research & Development Organization (DRDO), Ministry of Defence, Government of India to manufacture bullet -proof jackets & helmets specially for military application.
-Entered into licensing agreement for transfer of technology with Defence Institute for Physiology & Allied Sciences (DIPAS), Delhi and Defence Research & Development Organization (DRDO), Ministry of Defence, Government of India to manufacture full body protector for  female troops.
-Grant of Industrial License to set up industrial undertaking to manufacture protective safety equipments - Bullet Proof Jackets & Helmets specially designed for military applications by the Industrial Licensing Section of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Government of India.
-Incorporated a wholly owned Subsidiary "Atmastco Defence Systems Private Limited" with an objective to carry on the business of manufacture of bullet proof jackets & helmets especially for military application and full body protector for female troops and related activities.
-Endorsement of licensing agreement for transfer of technology with Defence Materials and Stores Research and Development Establishment (DMSRDE), Kanpur and Defence Research & Development Organization (DRDO), Ministry of Defence, Government of India to manufacture bullet -proof jackets & helmets specially for military application from Atmastco Limited to Atmastco Defence Systems Private Limited.
-Endorsement of licensing agreement for transfer of technology with Defence Institute for Physiology & Allied Sciences (DIPAS), Delhi and Defence Research & Development Organization (DRDO), Ministry of Defence, Government of India to manufacture full body protector for female troops from Atmastco Limited to Atmastco Defence Systems Private Limited.

2021
-Ventured into business of providing EPC services in Ferrous and Non-Ferrous domain

2022
-Transfer of Industrial License to set up industrial undertaking to manufacture protective safety equipments - Bullet Proof Jackets & Helmets specially designed for military applications by the Industrial Licensing Section of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Government of India from Atmastco Limited to Atmastco Defence Systems Private Limited.