Bookbuilding IPO | ₹688 Cr | Listed at BSE, NSE | Mon, Sep 22, 2025 - Wed, Sep 24, 2025
Atlanta Electricals IPO is a book build issue of ₹687.85 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to ₹400.51 crores and offer for sale of 0.38 crore shares aggregating to ₹287.34 crores.
Atlanta Electricals IPO bidding started from Sep 22, 2025 and ended on Sep 24, 2025. The allotment for Atlanta Electricals IPO was finalized on Sep 25, 2025. The shares got listed on BSE, NSE on Sep 29, 2025.
Atlanta Electricals IPO price band is set at ₹754 per share. The lot size for an application is 19. The minimum amount of investment required by an retail is ₹14,326 (19 shares) (based on upper price). The lot size investment for sNII is 14 lots (266 shares), amounting to ₹2,00,564, and for bNII, it is 70 lots (1,330 shares), amounting to ₹10,02,820.
The issue includes a reservation of up to 73,099 shares for employees offered at a discount of ₹70.00 to the issue price.
Motilal Oswal Investment Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Atlanta Electricals IPO RHP for detailed Information.
IPO Open
Mon, Sep 22, 2025
IPO Close
Wed, Sep 24, 2025
Issue Price
₹754 per share
Market Cap (Pre-IPO)
₹5,797.49 Cr
| IPO Date | 22 to 24 Sep, 2025 |
| Listed on | Mon, Sep 29, 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹718 to ₹754 |
| Issue Price | ₹754 per share |
| Lot Size | 19 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹70.00 |
| Total Issue Size | 91,22,720 shares (agg. up to ₹688 Cr) |
| Fresh Issue | 53,11,825 shares (agg. up to ₹401 Cr) |
| Offer for Sale | 38,10,895 shares of ₹2 (agg. up to ₹287 Cr) |
| Share Holding Pre Issue | 7,15,84,800 shares |
| Share Holding Post Issue | 7,68,96,625 shares |
| BSE Script Code / NSE Symbol | 544527 / ATLANTAELE |
| ISIN | INE0Z4F01028 |
Atlanta Electricals IPO offers total 91,22,720 shares. Out of which 45,24,809 (49.60%) allocated to QIB, 18,09,924 (19.84%) allocated to QIB (Ex- Anchor), 13,57,444 (14.88%) allocated to NII 31,67,368 (34.72%) allocated to RII and 27,14,885 (29.76%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 45,24,809 (49.60%) | NA |
| − Anchor Investor Shares Offered | 27,14,885 (29.76%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 18,09,924 (19.84%) | NA |
| NII (HNI) Shares Offered | 13,57,444 (14.88%) | NA |
| − bNII > ₹10L | 9,04,963 (9.92%) | 3,402 |
| − sNII < ₹10L | 4,52,481 (4.96%) | 1,701 |
| Retail Shares Offered | 31,67,368 (34.72%) | 1,66,703 |
| Employee Shares Offered | 73,099 (0.80%) | NA |
| Total Shares Offered | 91,22,720 (100.00%) |
Investors can bid for a minimum of 19 shares and in multiples thereof.
| Application | Lots | Shares | 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 |
Atlanta Electricals IPO raises ₹204.70 crore from anchor investors. Atlanta Electricals IPO Anchor bid date is September 19, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Sep 19, 2025 |
| Shares Offered | 27,14,885 |
| Anchor Portion (₹ Cr.) | 204.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Oct 24, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Dec 23, 2025 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in December 1988, Atlanta Electricals Limited manufactures power, auto and inverter duty transformers in India.
As of March 31, 2025, the company's portfolio comprises six products: power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers.
As of March 31, 2025, the company serves customers in 19 states and three union territories across India, supplying 4,400 transformers totalling 94,000 MVA to state and national grids, private players, and major renewable energy projects.
The company has five manufacturing facilities, out of which, four are functional, two located at Anand, Gujrat, and one in Bengaluru, Karnataka, and Vadod Unit has commenced commercial production in July, 2025.
As of March 31. 2025, the company has 208 diverse customers, including GETCO, Adani Green Energy, TATA Power, and SMS India.
The company has exported its products to countries such as United States, Kuwait, and Oman.
Competitive Strength:
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 | 349.90 | 228.47 | 164.90 |
| Total Borrowing | 141.03 | 48.60 | 73.09 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 79.12 |
| 2 | Funding working capital requirements of the Company | 210.00 |
| 3 | General corporate purposes | 85.03 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 33.91% |
| ROCE | 39.43% |
| Debt/Equity | 0.40 |
| RoNW | 33.91% |
| PAT Margin | 9.54% |
| EBITDA Margin | 16.07% |
| Price to Book Value | 23.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 16.57 | |
| P/E (x) | 46.33 | |
| Promoter Holding | 94.36% | 86.97% |
| Market Cap | ₹5,797.49 Cr. |
The Atlanta Electricals IPO is subscribed 72.16 times on September 24, 2025 5:03:36 PM (Day 3). The public issue subscribed 10.76 times in the retail category, 194.77 times in the QIB category, and 55.82 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 194.77 | 18,06,533 | 35,18,58,587 |
| NII | 55.82 | 13,56,425 | 7,57,10,041 |
| bNII (bids above ₹10L) | 58.25 | 9,04,284 | 5,26,70,755 |
| sNII (bids below ₹10L) | 50.96 | 4,52,142 | 2,30,39,286 |
| Retail | 10.76 | 31,64,992 | 3,40,61,984 |
| Employee | 3.47 | 73,099 | 2,53,384 |
| Total | 72.16 | 64,01,049 | 46,18,83,996 |
Total Application : 17,07,998
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLMs (including any underwriting commission, brokerage and selling commission) | 22.71 |
| 2 | Advertising and marketing expenses | 3.52 |
| 3 | Fees payable to the Registrar to the Offer | 0.28 |
| 4 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 2.96 |
| 5 | Printing and distribution of Offer stationery | 0.66 |
| 6 | Regulatory filing fees, book building software fees, listing fees etc | 2.41 |
| 7 | Fee payable to statutory auditor, namely M/s Parikh Shah Chotalia and Associates | 0.38 |
| 8 | Fees payable to other intermediaries | 2.28 |
| 9 | Fee payable to legal counsels | 4.68 |
| 10 | Miscellaneous | 3.22 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹754.00 | ₹754.00 |
| Open | ₹858.10 | ₹857.00 |
| Low | ₹806.00 | ₹806.25 |
| High | ₹863.70 | ₹865.00 |
| Last Trade | ₹823.35 | ₹823.35 |
Lead Manager Reports
Atlanta Electricals IPO is a main-board IPO of 91,22,720 equity shares of the face value of ₹2 aggregating up to ₹688 Crores. The issue is priced at ₹754 per share. The minimum order quantity is 19.
The IPO opens on Mon, Sep 22, 2025, and closes on Wed, Sep 24, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Atlanta Electricals IPO using UPI as a payment gateway. Zerodha customers can apply in Atlanta Electricals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Atlanta Electricals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Atlanta Electricals IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025.
Atlanta Electricals IPO lot size is 19, and the minimum amount required for application is ₹14,326.
You can apply in Atlanta Electricals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Atlanta Electricals IPO will be done on Thursday, September 25, 2025, and the allotted shares will be credited to your demat account by Fri, Sep 26, 2025. Check the Atlanta Electricals IPO allotment status.
The Atlanta Electricals IPO listing date is on Mon, Sep 29, 2025.
