Atlanta Electricals IPO vs Shanti Gold International IPO

Comparison between Atlanta Electricals IPO and Shanti Gold International IPO.

IPO Details

Atlanta Electricals IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shanti Gold International IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Atlanta Electricals IPO is up to ₹687.85 Cr whereas the issue size of the Shanti Gold International IPO is up to ₹360.11 Cr. The final issue price of Atlanta Electricals IPO is ₹754.00 per share and of Shanti Gold International IPO is ₹199.00 per share.

 Atlanta Electricals IPOShanti Gold International IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹718.00 per share₹189.00 per share
Issue Price (Upper)₹754.00 per share₹199.00 per share
Issue Price (Final)₹754.00 per share₹199.00 per share
Discount (Retail)
Discount (Employee)₹70.00 per share
Market Lot Size19 shares75 shares
Fresh Issue Size53,11,825 shares1,80,96,000 shares
Fresh Issue Size (Amount)up to ₹400.51 Crup to ₹360.11 Cr
OFS Issue Size38,10,895 shares0 shares
OFS Issue Size (Amount)up to ₹287.34 Crup to ₹0.00 Cr
Issue Size Total91,22,720 shares1,80,96,000 shares
Issue Size Total (Amount)up to ₹687.85 Crup to ₹360.11 Cr

IPO Timetable

Atlanta Electricals IPO opens on Sep 22, 2025, while Shanti Gold International IPO opens on Jul 25, 2025. The closing date of Atlanta Electricals IPO and Shanti Gold International IPO is Sep 24, 2025, and Jul 29, 2025, respectively.

 Atlanta Electricals IPOShanti Gold International IPO
Anchor Bid DateSep 19, 2025Jul 24, 2025
Issue OpenSep 22, 2025Jul 25, 2025
Issue CloseSep 24, 2025Jul 29, 2025
Basis Of Allotment (Tentative)Sep 25, 2025Jul 30, 2025
Initiation of Refunds (Tentative)Sep 26, 2025Jul 31, 2025
Credit of Share (Tentative)Sep 26, 2025Jul 31, 2025
Listing date (Tentative)Sep 29, 2025Aug 01, 2025
Anchor Lockin End date 1Oct 24, 2025Aug 29, 2025
Anchor Lockin End date 2Dec 23, 2025Oct 28, 2025

Financials & KPIs

Atlanta Electricals IPO P/E ratio is 46.33, as compared to Shanti Gold International IPO P/E ratio of 19.24.

 Atlanta Electricals IPOShanti Gold International IPO
Financials

Company Financials (Restated Consolidated)

Atlanta Electricals Ltd.'s revenue increased by 43% and profit after tax (PAT) rose by 87% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets866.19559.25560.76
Total Income1,250.49872.05876.66
Profit After Tax118.6563.3687.54
EBITDA199.88123.16143.12
NET Worth349.90228.47164.90
Total Borrowing141.0348.6073.09
Amount in ₹ Crore

Company Financials (Restated)

Shanti Gold International Ltd.'s revenue increased by 56% and profit after tax (PAT) rose by 108% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets419.83325.40256.88
Total Income1,112.47715.04682.28
Profit After Tax55.8426.8719.82
EBITDA97.7153.4545.57
NET Worth152.3796.6769.81
Total Borrowing233.00210.68165.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.3699.99
Promoter Shareholding (Post-Issue)86.9774.89
P/E Ratio46.3319.24
Market Cap₹5797.49 Cr.₹1434.71 Cr.
ROE33.91%
ROCE39.43%25.70%
Debt/Equity0.401.60
EPS₹16.57₹10.34
RoNW33.91%44.85%

Shares Offered

In the Atlanta Electricals IPO Retail Individual Investors (RII) are offered 31,67,368 shares while in Shanti Gold International IPO retail investors are offered 31,67,368 shares. Qualified Institutional Buyers (QIB) are offered 18,09,924 shares in Atlanta Electricals IPO and 36,19,200 shares in Shanti Gold International IPO.

 Atlanta Electricals IPOShanti Gold International IPO
Anchor Investor Reservation27,14,885 shares54,28,800 shares
Market Maker Reservation0 shares0 shares
QIB18,09,924 shares36,19,200 shares
NII13,57,444 shares27,14,400 shares
RII31,67,368 shares63,33,600 shares
Employee73,099 shares0 shares
Others
Total91,22,720 shares1,80,96,000 shares

Bids Received (Subscription)

Atlanta Electricals IPO subscribed 72.16x in total, whereas Shanti Gold International IPO subscribed 80.78x.

 Atlanta Electricals IPOShanti Gold International IPO
QIB (times)194.77x117.33x
NII (times)55.82x151.17x
Big NII (times)58.25x173.08x
Small NII (times)50.96x107.35x
RII (times)10.76x29.73x
Employee (times)3.47x
Other (times)
Total (times)72.16x80.78x

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Atlanta Electricals IPO Vs Shanti Gold International IPO