Incorporated in 1988, Atlanta Electricals manufactures a range of transformers including power, inverter‑duty, furnace, generator, and special‑duty transformers, supplying to state utilities, national grids, private players, and renewable projects. The company has five facilities (four operational) across Gujarat and Karnataka, with Vadod unit commencing commercial production in July 2025 and a customer base of over 200.
IPO Window
Sep 22 – Sep 24, 2025
Listing Date
Sep 29, 2025
Lot Size
19 shares ₹14,326 (Retail)
Issue Size
₹687.34 crore (Fresh + OFS)
Atlanta Electricals is raising ₹687.34 crore through a fresh issue of about ₹400 crore and an OFS of about ₹287.34 crore, totaling 91,15,934 equity shares. The offer opened on September 22, 2025 and closes on September 24, 2025, with allotment expected on September 25 and listing proposed on BSE and NSE on September 29, 2025. The price band is ₹718 to ₹754 per share; the minimum retail application is 1 lot of 19 shares for ₹14,326, and eligible employees receive a ₹70 per‑share discount.
| Face Value | ₹2 per share |
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| Issue Price Band | ₹718 to ₹754 per share |
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| Offer Structure | Fresh + Offer for Sale + Employee Reservation |
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| Total Shares | 91,15,934 shares (aggregating up to ₹687.34 crore) |
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| Fresh Issue | 53,05,039 shares (aggregating up to ₹400.00 crore) |
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| Offer for Sale | 38,10,895 shares (aggregating up to ₹287.34 crore) |
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| Employee Discount | ₹70 per share (73,099 shares reserved) |
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| Issue Type | Book‑building IPO |
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| Listing | BSE, NSE |
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| Shareholding (Pre / Post) | 7,15,84,800 / 7,68,89,839 shares |
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| Lead Manager | Motilal Oswal Investment Advisors Ltd. |
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| Registrar | MUFG Intime India Pvt. Ltd. |
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| Investor Category | Shares Offered |
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| QIB | 45,21,418 (49.60%) |
| NII (HNI) | 13,56,425 (14.88%) |
| Retail (RII) | 31,64,992 (34.72%) |
| Employee | 73,099 (0.80%) |
| Total | 91,15,934 (100.00%) |
| Bid Date | Shares Offered | Anchor Portion | Lock‑in (50%) | Lock‑in (Balance) |
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| Sep 19, 2025 | 27,14,885 | ₹204.70 crore | Oct 25, 2025 | Dec 24, 2025 |
| IPO Open | Mon, Sep 22, 2025 |
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| IPO Close | Wed, Sep 24, 2025 |
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| Allotment (Tentative) | Thu, Sep 25, 2025 |
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| Refunds Initiation | Fri, Sep 26, 2025 |
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| Credit to Demat | Fri, Sep 26, 2025 |
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| Listing (Tentative) | Mon, Sep 29, 2025 |
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| UPI Mandate Cut‑off | 5 PM on Sep 24, 2025 |
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| Application | Lots | Shares | Amount |
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| 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 |
Incorporated in 1988, Atlanta Electricals manufactures a range of transformers including power, inverter‑duty, furnace, generator, and special‑duty transformers, supplying to state utilities, national grids, private players, and renewable projects. The company has five facilities (four operational) across Gujarat and Karnataka, with Vadod unit commencing commercial production in July 2025 and a customer base of over 200.
Summary (₹ crore)
| 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 Borrowings | 141.03 | 48.60 | 73.09 |
Source: Finology and broker/biz press summaries confirming band, dates, lot, employee discount, anchor allocation, reservation and financials; aligns with RHP disclosures.
