Atlanta Electricals IPO
Open MainLineCurrent GMP
₹114 (+15.12%)
Price Band
₹ 718 – 754
Lot Size
19
Issue Size
₹687.34 Cr
Minimum Investment
₹14326 (19 Shares)
Listing Date
29 September 2025
Subscription
70.63x
About the Company
Atlanta Electricals Limited
Incorporated in December 1988, Atlanta Electricals Limited is engaged in the manufacturing of power, auto, and inverter-duty transformers in India.
As of September 30, 2024, the company’s product portfolio includes:
- Power Transformers
- Inverter-Duty Transformers
- Furnace Transformers
- Generator Transformers
- Special-Duty Transformers
The company caters to a wide customer base across 19 states and three union territories in India. It has supplied over 4,000 transformers, with an aggregate capacity of 78,000 MVA, to state and national grids, private utilities, and major renewable energy projects.
Atlanta Electricals operates through three manufacturing facilities – two located in Anand, Gujarat, and one in Bengaluru, Karnataka.
As of September 30, 2024, the company serves 208 customers, including leading organizations such as GETCO, Adani Green Energy, Tata Power, and SMS India. Beyond domestic operations, the company has also exported transformers to international markets including the United States, Kuwait, and Oman.
The company is supported by a workforce of 301 employees across various departments, contributing to its engineering, manufacturing, and service excellence.
Promoters
- Krupeshbhai Narharibhai Patel
- Niral Krupeshbhai Patel
- Amish Krupeshbhai Patel
- Tanmay Surendrabhai Pate
- Narharibhai S. Patel Family Trust
- Atlanta UHV Transformers LLP
Promoters Holding
Holding Pre Issue
94.36%
Holding Post Issue
86.97%
Objects of the Issue
The Company Atlanta Electricals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Re-payment/ pre-payment, in full or in part, of certain outstanding borrowings availed by our Company
- Funding working capital requirements of our Company
- General corporate purposes
Address / Contact Info
Atlanta Electricals Ltd.
Plot No. 1503/4,
GIDC Estate,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 6359669331
Email: complianceofficer@aetrafo.com
Website: https://aetrafo.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 22 September 2025
IPO Close Date
Wednesday, 24 September 2025
Basis of Allotment
Thursday, 25 September 2025
Initiation of Refunds
Friday, 26 September 2025
Credit of Shares to Demat
Friday, 26 September 2025
Listing Date
Monday, 29 September 2025 — NSE & BSE
Important Dates
Open Date
22 September 2025
Close Date
24 September 2025
Basis Of Allotment
25 September 2025
Listing Date
29 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 866.19 | 559.25 | 560.76 |
| Revenue | 1250.49 | 872.05 | 876.66 |
| Profit After Tax | 118.65 | 63.36 | 87.54 |
| Net Worth | 349.9 | 228.47 | 164.9 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 141.03 | 48.6 | 73.09 |
EPS Pre
16.57%
EPS Post
0.00%
P/E Pre
46.33
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon |
|---|---|
| ROE % | 33.91 |
| ROCE % | 39.43 |
| Debt / Equity | 0.4 |
| RoNW % | 33.91 |
| PbW | 0 |
| Pat Margin % | 9.54 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1805134 | 27.61 | 0 |
| Non-Institutional | 1396844 | 21.36 | 0 |
| BNII | 931230 | 14.24 | 0 |
| SNII | 465614 | 7.12 | 0 |
| Retail Investors | 3259301 | 49.85 | 0 |
| Employees | 77160 | 1.18 | 0 |
| Total | 6538439 | 100 | 0 |
Subscription Status ( Wed, 24 Sep 25 01:41 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1805134 | 351858587 | 194.92x |
| Non-Institutional | 1396844 | 75715912 | 54.2x |
| BNII | 931230 | 52670755 | 56.56x |
| SNII | 465614 | 23045157 | 49.49x |
| Retail Investors | 3259301 | 33959707 | 10.42x |
| Employees | 77160 | 253536 | 3.29x |
| Total | 6538439 | 461787742 | 70.63x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Atlanta Electricals Ltd | 2 | 0.00 | 8.87 | 8.87 | 27.80 | 31.92 |
| Voltamp Transformers Ltd | 10 | 27.51 | 303.80 | 303.80 | 22.71 | 1337.94 |
| Transformers and Rectifiers India Ltd | 1 | 274.26 | 3.24 | 3.24 | 8.48 | 38.89 |
| Danish Power Ltd | 10 | 34.16 | 26.04 | 26.04 | 46.36 | 510.36 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 19 | 14,326.00 |
| Retail (Max) | 13 | 247 | 186,238.00 |
| S-HNI (Min) | 14 | 266 | 200,564.00 |
| S-HNI (Max) | 69 | 1,311 | 988,494.00 |
| B-HNI (Min) | 70 | 1,330 | 1,002,820.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
- Axis Capital Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Atlanta Electricals IPO is a Book-building IPO worth ₹687.34 crores. The price band is ₹718 to 754 per share. The IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Atlanta Electricals IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025
Atlanta Electricals IPO Price Band is ₹718 to 754.
Atlanta Electricals IPO lot size is 19, and the minimum amount required for application is ₹14326.
The minimum investment for Atlanta Electricals IPO is approximately ₹14326 based on the upper price band.
To apply for the Atlanta Electricals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 24, 2025. After submission, funds are blocked until the basis of allotment of Atlanta Electricals IPO is finalised.
Atlanta Electricals IPO issue size is ₹687.34 crores.
Atlanta Electricals IPO allotment date is Sat, Jun 27, 2026.
The registrar for Atlanta Electricals IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Atlanta Electricals IPO through their official website or helpline.
The Atlanta Electricals IPO GMP (Grey Market Premium) is ₹114 as of Mon, Sep 29, 2025. Based on the upper price band of ₹754 per share, the estimated Atlanta Electricals IPO listing price is ₹868, indicating a potential listing gain of approximately 31% over the issue price.