IPO

Atlanta Electricals Limited IPO

Mainboard

Heavy Electrical Equipment

Listed On: Sep 29, 2025 at ₹ 857.0(NSE)

₹ 14326 /19 Shares

Check Allotment

22 Sep, 2025

Open Date

24 Sep, 2025

Close Date

25 Sep, 2025

Allotment Date

29 Sep, 2025

Listing Date
Price Summary

Last Closing

894.00 (18.57%)

52 Week High

1,097.85

52 Week Low

782.10

Last Update

3-Dec-2025 3:30 PM
Atlanta Electricals IPO Live Subscription Details
View Subscription Details
QIB 194.77x
Retail 10.73x
NIIs 55.82x
BHNI 58.25x
SHNI 50.97x
Retail 10.73x
EMP 3.47x
Total 72.14x
Last updated: 24 Sep 2025, 06:56 PM
Atlanta Electricals IPO Issue Details
  • Issue Price ₹718-754 per equity share
  • Face Value ₹2 Per Equity Share
  • Total Issue Size 91,15,934 shares(aggregating up to ₹687.34 crore)
  • Fresh Share 53,05,039 shares(aggregating up to ₹400.00 crore)
  • Offer For Sale 38,10,895 shares(aggregating up to ₹287.34 crore)
  • Listing at BSE, NSE
  • List Price 857.0(NSE)
  • Listing Date 2025-09-29
  • Lead Manager Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd.
  • Registrar MUFG Intime India Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 19 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)119₹14,326
Retail(max)13247₹1,86,238
SHNI(min) 14266₹2,00,564
SHNI(max) 691,311₹9,88,494
BHNI(min) 701,330₹10,02,820
Atlanta Electricals IPO Reservation

Atlanta Electricals IPO offers total 91,15,934 shares. Out of which 1806533 (19.82%) allocated to QIB, 1356425 (14.88%) allocated to NII,3164992 (34.72%) allocated to RII, 73099 (0.8%) allocated to employees and 2714885 (29.78%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered2714885 (29.78%)
Market Maker Shares OfferedNA (NA%)
QIB Shares Offered1806533 (19.82%)
NII (HNI) Shares Offered1356425 (14.88%)
bNII < ₹10L904284 (NA%)
sNII < ₹10L452142 (NA%)
Retail Shares Offered3164992 (34.72%)
Employee Shares Offered73099 (0.8%)
Total Shares Offered91,15,934 (100%)
Atlanta Electricals IPO Documents
Atlanta Electricals IPO Details


Atlanta Electricals IPO is a book-built issue of ₹687.34 crores, The total issue size is ₹687.34 crores. The IPO of Atlanta Electricals is priced at ₹718-754 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Sep 22, 2025 and ends on Sep 24, 2025. The allotment for Atlanta Electricals IPO will be finalized on Sep 25, 2025. Atlanta Electricals IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 29, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Retail investors can bid for a minimum of 19 shares, extendable to 14,326. S-HNIs will be able to bid for 266 shares at ₹2,00,564, while B-HNIs can also apply for a bid of 1,330 shares at ₹10,02,820. The book-running lead manager for the IPO is/are Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd..

The total issue ₹687.34 crore, comprising a fresh issue of 53,05,039 shares ₹400.00 crore and having Offer for Sale (OFS) of 38,10,895 shares to mop up ₹287.34 crore.

The Atlanta Electricals IPO sets its price band at 718-754 for each share. A single application for Atlanta Electricals Limited IPO must contain at least 19 shares. Sentiment investors need to invest a minimum of 19 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,326 In order to participate in the sNII, investors must purchase at least 14 lots of 266 shares for ₹2,00,564, while the bNII requires 70 lots of 1,330 shares for an investment of ₹10,02,820.

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Atlanta Electricals IPO Subscription Analysis And Details
Retail
10.73x
QIB
194.77x
NII
55.82x
bNII
58.25x
sNII
50.97x
Total
72.14x
As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved18,06,53313,56,425
9,04,284    4,52,142
31,64,99264,01,049
Day 1 22-09-25 05:00 PM
1.00 x1.03
0.73 x   1.64 x
0.59 x1.00 x
Day 2 23-09-25 05:00 PM
1.48 x5.72
4.60 x   7.96 x
1.51 x3.15 x
Day 3 24-09-25 05:00 PM
194.77 x55.82
58.25 x   50.97 x
10.73 x72.14 x

Total No of Applications
17,45,798
Subscription on the basis of Applications
Retail:9.69x BHNI:11.51x SHNI:49.90x
Atlanta Electricals Valuations
EPS Pre IPO ₹16.57
P/E Pre IPO 46.33
ROE 33.91%
ROCE 39.43%
Debt/Equity 0.40
RoNW 27.80%
PAT Margin 7.32%
EBITDA Margin 15.98%
Price to Book Value 23.62
Atlanta Electricals Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets866.19559.25560.76
Revenue1,250.49872.05876.66
Profit After Tax118.6563.3687.54
Net Worth349.9228.47164.9
Total Borrowing141.0348.673.09
About Atlanta Electricals Company

Established in December 1988, Atlanta Electricals Limited produces power, auto and inverter duty transformers in India.

On March 31, 2025, the company has six products in its portfolio: power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers.

As of March 31, 2025, the company has customers in 19 states and three union territories of India, delivering 4,400 transformers with a total capacity of 94,000 MVA to state and national grid, private players, and large renewable energy projects.

The company operates five manufacturing units, of which four are operational, two at Anand, Gujarat, and one in Bengaluru, Karnataka, and Vadod Unit has started commercial production in July, 2025.

As of March 31, 2025, the company has 208 varied customers such as GETCO, Adani Green Energy, TATA Power, and SMS India.

The company has exported its products to nations like United States, Kuwait, and Oman.

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Atlanta Electricals - Promoter(s)

Krupeshbhai Narharibhai Patel

Niral Krupeshbhai Patel

Amish Krupeshbhai Patel

Tanmay Surendrabhai Patel

Patel Family Trustee Private Limited

Atlanta UHV Transformers LLP

Pre Issue Share Holding : 94.36%

Post Issue Share Holding : 86.97%

Atlanta Electricals IPO - Issue Objectives
1

Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company - ₹79.12 Cr

2

Funding working capital requirements of our Company - ₹210.00 Cr

3

General corporate purposes

Atlanta Electricals IPO - Anchor Investors

Atlanta Electricals raises Rs 204.7 crore via anchor book, Rs 687-crore IPO.
Kotak AMC, Axis Mutual Fund, Pinebridge Global Funds, HSBC MF, Nippon India, Allianz Global Investors Fund, Ashoka Whiteoak, HDFC Mutual Fund, ICICI Prudential Life Insurance, and Valuequest India were among the 11 investors in the anchor book.

Contact Details

Atlanta Electricals

Plot No. 1503/4, GIDC Estate, Vithal Udyognagar, Anand, Gujarat, 388121

+91 6359669331

complianceofficer@aetrafo.com

https://aetrafo.com/

Registrar Contact Details