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Allotment

Atlanta Electricals Limited

Atlanta Electricals Ltd. IPO is a book-built issue aggregating to ₹687.85 crore, comprising a fresh issue of 0.53 crore equity shares amounting to ₹400.51 crore and an offer for sale of 0.38 crore shares valued at ₹287.34 crore.

The IPO opened for subscription on September 22, 2025, and closed on September 24, 2025. The basis of allotment was finalized on September 25, 2025, and the shares were listed on both the BSE and NSE on September 29, 2025.

The price band for the Atlanta Electricals IPO is fixed at ₹754 per share, with a lot size of 19 shares. Retail investors are required to make a minimum investment of ₹14,326 (19 shares) at the upper end of the price band. For sNII investors, the minimum application size is 14 lots (266 shares), amounting to ₹2,00,564, while bNII investors must apply for 70 lots (1,330 shares), requiring an investment of ₹10,02,820.

The issue also includes a reservation of up to 73,099 shares for eligible employees, offered at a discount of ₹70 per share to the issue price.

Motilal Oswal Investment Advisors Ltd. is the book-running lead manager to the issue, and MUFG Intime India Pvt. Ltd. is acting as the registrar.

Atlanta Electricals Limited IPO & Charts
₹754

0%

Open

₹754

HIgh - Low

₹754

Previous Close

₹754

Total Traded Value

0

52 Weeks High

₹754

52 Weeks Low

₹754

Updates On

Sep 15, 2025

IPO. Open

Sep 22, 2026

IPO. Close

Sep 24, 2026

IPO. Price

₹754.00

IPO Market price

₹5,797.49 Cr

IPO Details

IPO Date 29 Sep
IPO Listing Date 29 Sep
IPO Face Value ₹2.00 per share
IPO Price Range ₹754.00
IPO Issue Size 91,22,720 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount ₹30
IPO Issue Type Book Building IPO
IPO Listing BSE, NSE Platform
hare Holding Pre Issue 7,15,84,800 shares

IPO Timeline

IPO Open Date 22 Sep
IPO Close Date 24 Sep
IPO Allotment (Tentative) 25 Sep
Refunds 26 Sep
Credit to Demat Account 26 Sep
IPO Listing Date 29 Sep

IPO Reservation

Category Offer
QIB Shares Offered 45,24,809 Shares
NII (HNI) Shares Offered 13,57,444 Shares
Retail Shares Offered 31,67,368 Shares

IPO Lot Size

Investors can bid for a minimum of 19 shares, with additional shares to be purchased in multiples of 19.

Application Lots Share Amount
Retail (Min) 1 19 ₹14,326
Retail (Max) 13 247 ₹1,86,238
S-HNI (Min) 14 266 ₹2,00,564
S-HNI (Max) 69 1,311 ₹9,88,494
B-HNI (Min) 70 1,330 ₹10,02,820
About Company

Incorporated in December 1988, Atlanta Electricals Limited is an Indian manufacturer of power, auto, and inverter-duty transformers, catering to a wide range of industrial and utility applications.

As of March 31, 2025, the company’s product portfolio includes six categories of transformers, such as power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers, designed to meet diverse customer requirements.

The company serves customers across 19 Indian states and three Union Territories. To date, it has supplied approximately 4,400 transformers with an aggregate capacity of 94,000 MVA to state and national power grids, private sector clients, and large renewable energy projects.

Atlanta Electricals operates five manufacturing facilities, of which four are currently operational. Two units are located in Anand, Gujarat, one in Bengaluru, Karnataka, and the Vadodara unit commenced commercial production in July 2025.

As of March 31, 2025, the company had a diversified customer base of 208 clients, including prominent names such as GETCO, Adani Green Energy, Tata Power, and SMS India. In addition to its domestic presence, the company has also exported transformers to international markets, including the United States, Kuwait, and Oman.

Competitive Strengths

Diversified product portfolio with focused product development tailored to specific customer needs

Strong order book supported by a well-diversified customer base

Experienced management team and skilled workforce with extensive industry expertise

Robust manufacturing capabilities, emphasizing quality, regulatory compliance, and health & safety standards

Consistent profitability and strong financial track record in an industry characterized by high entry barriers

Atlanta Electricals Ltd. reported a 43% increase in revenue and an 87% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

Assets 866.19 559.25 560.76
Total Income 1,250.49 872.05 876.66
Profit After Tax 118.65 63.36 87.54
EBITDA 199.88 123.16 143.12
NET Worth 349.9 228.47 164.9
Reserves and Surplus - - -
Total Borrowing 141.03 48.6 73.09

Key Performance Indicator (KPI)

ROE 33.91%
ROCE 39.43%
Debt/Equity 0.4
RoNW 33.91%
PAT Margin 9.54%
EBITDA Margin 16.07%
Price to Book Value 23.62
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 210
3 To meet out the General Corporate Purposes; 85.03
4 Offer for Sale (OFS) -

Contact Details

Atlanta Electricals Ltd. Address
Plot No. 1503/4,
GIDC Estate,
Vithal Udyognagar,
Anand, Gujarat, 388121
+91 6359669331
complianceofficer@aetrafo.com
https://aetrafo.com/

Detail Registrar

IPO Registrar
MUFG Intime India Pvt.Ltd.

+91-22-4918 6270
atlantaelectricals.ipo@linkintime.co.in
https://linkintime.co.in/Initial_Offer/public-issues.html

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