Atlanta Electricals IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
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 TransformersInverter-Duty TransformersFurnace…
Open Date
Mon, 22 Sep 2025
Close Date
Wed, 24 Sep 2025
Price Band
₹ 718 – 754
Lot Size
19
Issue Size
₹ 687.34 Cr
Minimum Investment
₹ 14,326 (19 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Atlanta Electricals IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹687.34 Crore, comprising a fresh issue of 53.05 Lakh equity shares aggregating to ₹400.00 Crore and an offer for sale (OFS) of 38.11 Lakh equity shares aggregating to ₹287.34 Crore by the existing shareholders.
The Atlanta Electricals IPO remained open for subscription from September 22, 2025, to September 24, 2025. The basis of allotment was finalized on September 25, 2025, and the company's shares were listed on the NSE and BSE on September 29, 2025.
The company had fixed the price band at ₹718 to ₹754 per share, with a lot size of 19 shares. Retail investors were required to make a minimum investment of ₹14,326 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 77,160 equity shares for eligible employees, who received a discount of ₹70.00 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Motilal Oswal Investment Advisors Ltd, and Axis Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Atlanta Electricals Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Atlanta Electricals IPO Timeline (Tentative)
- IPO Open Date
- Mon, 22 Sep 25
- IPO Close Date
- Wed, 24 Sep 25
- Basis of Allotment
- Thu, 25 Sep 25
- Initiation of Refunds
- Fri, 26 Sep 25
- Credit of Shares to Demat
- Fri, 26 Sep 25
- Listing Date
- Mon, 29 Sep 25 — NSE & BSE
Open Date
22 September 2025
Close Date
24 September 2025
Basis Of Allotment
25 September 2025
Listing Date
29 September 2025
IPO Subscription
Check Live Subscription →The Atlanta Electricals IPO has received bids for 46,17,87,742 shares against 65,38,439 shares offered, resulting in an overall subscription of 70.63x. the NII category is subscribed 54.2x, Retail Investors 10.42x, Employees 3.29x, and QIBs 194.92x. Within the NII category, BNII is subscribed 56.56x, while SNII is subscribed 49.49x.
QIB
194.92x
NII
54.2x
BNII
56.56x
SNII
49.49x
RII
10.42x
EMP
3.29x
Total
70.63x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 32,59,301 shares, representing 49.85% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 18,05,134 shares (27.61%), while Non-Institutional Investors (NIIs) receive 13,96,844 shares (21.36%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,805,134 | 27.61% |
| Non-Institutional | 1,396,844 | 21.36% |
| BNII | 931,230 | 14.24% |
| SNII | 465,614 | 7.12% |
| Retail Investors | 3,259,301 | 49.85% |
| Employees | 77,160 | 1.18% |
| Total | 6,538,439 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Atlanta Electricals Limited KPI Information
| Particular | KPI as of Mon |
|---|---|
| ROE % | 33.91 |
| ROCE % | 39.43 |
| Debt / Equity | 0.4 |
| RoNW % | 33.91 |
| Pat Margin % | 9.54 |
Peers Comparison
| 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 |
About Atlanta Electricals Limited
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.
Atlanta Electricals IPO 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%
Atlanta Electricals IPO Objective
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
Atlanta Electricals Limited Address / Contact Details
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
Atlanta Electricals IPO Lot Size
The Atlanta Electricals IPO has a lot size of 19 shares. Retail investors require a minimum investment of ₹14,326 by applying for 1 lot (19 shares). The maximum application allowed for the retail category is 13 lots (247 shares), requiring an investment of ₹1,86,238.
| 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 |
Issue Reservation
- QIB — 27.61%
- NII — 21.36%
- RII — 49.85%
- EMP — 1.18%
Book Running Lead Managers
- Motilal Oswal Investment Advisors Ltd
- Axis Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Atlanta Electricals IPO?
Atlanta Electricals IPO is a Book-building IPO with a total issue size of ₹687.34 crore. The Atlanta Electricals IPO price band is ₹718 to 754 per share. The Atlanta Electricals IPO subscription opens on Mon, Sep 22, 2025, and closes on Wed, Sep 24, 2025. The Atlanta Electricals IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Atlanta Electricals IPO.
When will the Atlanta Electricals IPO open for subscription?
The Atlanta Electricals IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025
What is Atlanta Electricals IPO Price Band?
Atlanta Electricals IPO Price Band is ₹718 to 754 per share.
What is Atlanta Electricals IPO Lot Size?
Atlanta Electricals IPO lot size is 19 shares, Retail investors need a minimum investment of ₹14326 based on the upper price band
What is the minimum investment for Atlanta Electricals IPO?
The minimum investment for Atlanta Electricals IPO is ₹14326, based on one lot of 19 shares at the upper price band of ₹754 per share.
How to apply for Atlanta Electricals IPO?
Investors can apply for the Atlanta Electricals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 24, 2025. The application amount remains blocked until the Atlanta Electricals IPO allotment is finalized.
What is Atlanta Electricals IPO Issue Size?
Atlanta Electricals IPO issue size is ₹687.34 crores.
What is the Atlanta Electricals IPO Allotment Date?
Atlanta Electricals IPO allotment date is Thu, Sep 25, 2025.
Who is the Atlanta Electricals IPO Registrar?
The registrar for Atlanta Electricals IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Atlanta Electricals IPO allotment status, refund processing, and other IPO-related information.
What is the Atlanta Electricals IPO GMP?
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 15.12% over the issue price.
Who is the Atlanta Electricals IPO Lead Manager?
The book-running lead managers (BRLMs) for the Atlanta Electricals IPO are Motilal Oswal Investment Advisors Ltd, and Axis Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Atlanta Electricals IPO Red Herring Prospectus (RHP).