IPO Issue Details
Issue Price / Price Band₹754 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size19 Shares per Lot
Total Issue Size91,15,934 shares (aggregating up to ₹687.34 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 22 Sep 2025
Subscription CloseWed, 24 Sep 2025
Anchor AllotmentFri, 19 Sep 2025
Basis of AllotmentThu, 25 Sep 2025
Initiation of RefundsFri, 26 Sep 2025
Credit of Shares to DematFri, 26 Sep 2025
Listing DateMon, 29 Sep 2025
UPI Mandate Deadline2025-09-24
Application & Investment Details
Retail — Min (1 Lots)₹14,326 — 19 shares
Retail — Max (13 Lots)₹186,238 (13 Lots)
HNI — Min (3 Lots)₹42,978 — 57 shares
EPS (Pre-IPO)₹16.57
P/E Ratio (Pre-IPO)46.33x
Pre-IPO Promoter Holding7,15,84,800 shares
Post-IPO Promoter Holding7,68,89,839 shares
Fresh Issue Shares53,05,039 shares (aggregating up to ₹400.00 Cr)
Offer for Sale Shares38,10,895 shares of ₹2 (aggregating up to ₹287.34 Cr)
About Atlanta Electricals Ltd
Incorporated in December 1988, Atlanta Electricals Limited manufactures power, auto and inverter duty transformers in India.As of March 31, 2025, the company's portfolio comprises six products: power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers.As of March 31, 2025, the company serves customers in 19 states and three union territories across India, supplying 4,400 transformers totalling 94,000 MVA to state and national grids, private players, and major renewable energy projects.The company has five manufacturing facilities, out of which, four are functional, two located at Anand, Gujrat, and one in Bengaluru, Karnataka, and Vadod Unit has commenced commercial production in July, 2025.As of March 31. 2025, the company has 208 diverse customers, including GETCO, Adani Green Energy, TATA Power, and SMS India.The company has exported its products to countries such as United States, Kuwait, and Oman.Competitive Strength:Broad and diversified product portfolio with focussed product development tailored to meet the customer requirements.Strong order book coupled with well diversified customer base.Experienced management team and qualified personnel with significant industry experience.Manufacturing capabilities with a focus on quality and a high level of regulatory compliance and health and safety measures.Track record of profitability and consistent financial performance in an industry with significant entry barriers
Objects of the Issue
Atlanta Electricals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
79.12
2
Funding working capital requirements of the Company
210.00
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
7,15,84,800 shares
Post-IPO Promoter Holding
7,68,89,839 shares
Lock-in Period (30%)October 25, 2025
Lock-in Period (50%)December 24, 2025