Atlanta Electricals IPO vs Veritas Finance IPO

Comparison between Atlanta Electricals IPO and Veritas Finance IPO.

IPO Details

Atlanta Electricals IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Veritas Finance 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 Veritas Finance IPO is up to ₹2,800.00 Cr. The final issue price of Atlanta Electricals IPO is ₹754.00 per share and of Veritas Finance IPO is .

 Atlanta Electricals IPOVeritas Finance IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹718.00 per share
Issue Price (Upper)₹754.00 per share
Issue Price (Final)₹754.00 per share
Discount (Retail)
Discount (Employee)₹70.00 per share
Market Lot Size19 shares
Fresh Issue Size53,11,825 shares0 shares
Fresh Issue Size (Amount)up to ₹400.51 Crup to ₹600.00 Cr
OFS Issue Size38,10,895 shares0 shares
OFS Issue Size (Amount)up to ₹287.34 Crup to ₹2,200.00 Cr
Issue Size Total91,22,720 shares0 shares
Issue Size Total (Amount)up to ₹687.85 Crup to ₹2,800.00 Cr

IPO Timetable

Atlanta Electricals IPO opens on Sep 22, 2025, while Veritas Finance IPO opens on . The closing date of Atlanta Electricals IPO and Veritas Finance IPO is Sep 24, 2025, and , respectively.

Financials & KPIs

Atlanta Electricals IPO P/E ratio is 46.33, as compared to Veritas Finance IPO P/E ratio of .

 Atlanta Electricals IPOVeritas Finance 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 Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,605.666,421.594,086.282,642.47
Total Income720.111,117.49680.80442.23
Profit After Tax133.11245.05176.4075.40
NET Worth2,610.652,329.551,591.261,408.05
Reserves and Surplus2,457.352,187.161,464.031,282.80
Total Borrowing4,889.423,995.812,425.321,195.65
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.36
Promoter Shareholding (Post-Issue)86.97
P/E Ratio46.33
Market Cap₹5797.49 Cr.
ROE33.91%12.27%
ROCE39.43%
Debt/Equity0.401.72
EPS₹16.57
RoNW33.91%

Shares Offered

In the Atlanta Electricals IPO Retail Individual Investors (RII) are offered 31,67,368 shares while in Veritas Finance IPO retail investors are offered 31,67,368 shares. Qualified Institutional Buyers (QIB) are offered 18,09,924 shares in Atlanta Electricals IPO and in Veritas Finance IPO.

 Atlanta Electricals IPOVeritas Finance IPO
Anchor Investor Reservation27,14,885 shares
Market Maker Reservation0 shares
QIB18,09,924 shares
NII13,57,444 shares
RII31,67,368 shares
Employee73,099 shares
Others
Total91,22,720 shares

Bids Received (Subscription)

Atlanta Electricals IPO subscribed 72.16x in total, whereas Veritas Finance IPO subscribed .

 Atlanta Electricals IPOVeritas Finance IPO
QIB (times)194.77x
NII (times)55.82x
Big NII (times)58.25x
Small NII (times)50.96x
RII (times)10.76x
Employee (times)3.47x
Other (times)
Total (times)72.16x

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Atlanta Electricals IPO Vs Veritas Finance IPO