- Business
- Atmastco Ltd (ATMASTCO.NS) is an India-based engineering company engaged in the design, manufacturing, supply, erection, and commissioning of precision equipment and heavy fabrication structures for core industrial sectors including steel plants, power and energy, cement plants, railway bridges, water treatment plants, refineries, fertilizer plants, and pre-engineered buildings. The company manufactures heavy structures such as ceiling girders, railway girders, columns and bracings, bolted structures, equipment and pressure ducts, box columns; provides engineering, procurement, and construction (EPC) services encompassing project planning, design, engineering, procurement, site management, quality assurance, and safety; supplies material handling equipment including conveyors, elevators, hoists, and cranes; trades in steel goods, industrial goods, chemical alloys, metals, and consumables like grinding wheels and welding electrodes; and offers maintenance, repair, and consultation services. Founded in 1994 and headquartered in Bhilai, Chhattisgarh, Atmastco operates manufacturing facilities in Bhilai and Dhamdha, serving clients across India with a workforce of approximately 229-276 employees and holding ISO 9001, 14001, 45001, and ZED certifications. It maintains a wholly-owned subsidiary, Atmastco Defence Systems Private Limited, focused on military-grade protective gear such as bulletproof jackets and helmets, with trial production commencing at its Bhilai defence facility in October 2025. Recent developments include securing a Rs 3.37 crore order from MM Forgings Ltd in September 2024 for critical special equipment; receiving two orders worth Rs 163.4 million rupees in June 2025; entering a contractual agreement with Hindustan Zinc in March 2025; board approvals in September 2025 and July 2025 for potential fund raising through qualified institutional placement or other equity issuances; and project clearances enabling operational starts in early 2025, alongside expansion in EPC contracts for factory setups and defence manufacturing nearing completion.