ATLANTA ELECTRICALS LIMITED

22 Sep 2025 - 24 Sep 2025 Individual Category Main Board BSE NSE

Min Investment

₹14326

Price Band

₹718-₹754

Issue Size

65.38 lakhs
Equity Shares

Lot Size

19 (per lot)

IPO Dates
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22 Sep 2025

Open Date

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24 Sep 2025

Close Date

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25 Sep 2025

Allotment Date

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29 Sep 2025

Listing Date

Atlanta Electricals IPO is a book-built issue worth Rs 687.34 crore. It comprises a fresh issue of 0.53 crore shares totaling Rs 400.00 crore and an offer for sale of 0.38 crore shares aggregating to Rs 287.34 crore. The IPO opens for subscription on September 22, 2025, and closes on September 24, 2025. The allotment is expected to be finalized on September 25, 2025, with shares proposed to list on BSE and NSE on September 29, 2025. The price band has been fixed between Rs 718 and Rs 754 per share. The minimum lot size for retail investors is 19 shares, requiring an investment of Rs 14,326 at the upper price. For small non-institutional investors (sNII), the minimum application is 14 lots (266 shares) totaling Rs 2,00,564, and for big non-institutional investors (bNII), it is 70 lots (1,330 shares) amounting to Rs 10,02,820. Motilal Oswal Investment Advisors Ltd. is the book-running lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.

Know Before Investing

Strengths icon

  • Strong order book and reliable government and marquee private clients.
  • Diverse manufacturing facilities across Gujarat and Karnataka with 47280 MVA capacity.
  • Solid financial performance with high profitability robust returns and experienced promoters.

Weaknesses icon

  • High revenue dependence on state utilities and PSUs.
  • Mid-sized scale compared to larger peers limiting market share.
  • Working capital intensive with moderate R&D spend and some governance gaps.

About Atlanta Electricals Limited

Incorporated in December 1988, Atlanta Electricals Limited is engaged in manufacturing power, auto, and inverter-duty transformers in India. As of March 31, 2025, the company’s product portfolio includes six types of transformers: power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers.The company serves clients across 19 states and three union territories, having supplied 4,400 transformers with a total capacity of 94,000 MVA to state and national grids, private companies, and major renewable energy projects. Atlanta Electricals operates five manufacturing facilities, four of which are currently functional, including two in Anand, Gujarat, one in Bengaluru, Karnataka, and the Vadodara unit, which commenced commercial production in July 2025. As of March 31, 2025, the company caters to 208 diverse customers, including major names like GETCO, Adani Green Energy, TATA Power, and SMS India. It has also exported products to countries such as the United States, Kuwait, and Oman.

Founded

1988

Managing Director

Niral Krupeshbhai Patel

Parent Organization

IPO Objectives

The company intends to use the IPO proceeds to repay or prepay certain outstanding borrowings totaling Rs 79.12 crore, fund its working capital requirements with Rs 210.00 crore, and for general corporate purposes.

Company Promoters

Krupeshbhai Narharibhai Patel

Niral Krupeshbhai Patel

Amish Krupeshbhai Patel

Tanmay Surendrabhai Patel

Patel Family Trustee Private Limited

Atlanta UHV Transformers LLP

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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