Atlanta Electricals Limited IPO
Atlanta Electricals Limited IPO
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹718 - ₹754

Total Issue

₹687 Cr

Bid Dates

22 Sep - 24 Sep

Subscription

72.07x

Listing Price

₹857 (13.66%)

Website RHP Check Allotment

Valuation

Market Cap

₹5,797.49 Cr

P/E Ratio

45.50x

P/B Ratio

15.43x

Atlanta Electricals IPO Dates

Open
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Allotment
Refunds
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Listing

Business Overview

Atlanta Electricals Limited is a leading transformer manufacturer in India, specializing in power, auto, and inverter duty transformers. Prior to acquiring BTW-Atlanta Transformers India Private Limited and commissioning its Vadod Unit, the company produced transformers up to 200 MVA and 220 kV. With enhanced capabilities, it now manufactures transformers with a rated capacity of up to 500 MVA and 765 kV. Backed by over 30 years of expertise, Atlanta Electricals has supplied 4,400 transformers totaling 94,000 MVA across 19 states and three union territories as of March 31, 2025. The company has achieved robust growth, with revenue rising from ₹8,738.83 million in Fiscal 2023 to ₹12,441.80 million in Fiscal 2025, a CAGR of 19.32%.

Atlanta Electricals IPO Lot Size

Lot Information for Atlanta Electricals IPO
Category 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
Allocate Funds

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
Rs. 5 Cr
Shareholder
₹0.00

Atlanta Electricals IPO Size

Total ₹687.34 Cr
Fresh Issue
₹400 Cr (0.53 Cr Shares)
Offer For Sale
₹287 Cr (0.38 Cr Shares)

Objects of Issue

  1. Repayment of certain outstanding borrowings availed by our Company
  2. Funding working capital requirements of our Company
  3. General corporate purposes

Atlanta Electricals IPO IPO Live Subscription

Updated as on 24-Sep-2025 19:00:00

Atlanta Electricals IPO IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 194.40 18,09,926 35,18,58,587
NII 55.78 13,57,443 7,57,15,912
bHNI 58.20 9,04,962 5,26,70,755
sHNI 50.93 4,52,481 2,30,45,157
Retail 10.72 31,67,368 3,39,59,707
Employee 3.47 73,099 2,53,536
Total 72.07 64,07,836 46,17,87,742

Atlanta Electricals IPO IPO Details Live GMP

GMP ₹130
Est. Price ₹884
Est. Gain 17.24%

Atlanta Electricals IPO Peer Comparison

(Rs. in crores)

Atlanta Electricals IPO Peer Comparison Table
Particulars Atlanta Elec Voltamp Transformers Transformers & Rectifiers Danish Power
Revenue from Ops (in Crs.) 1,244.18 1,934.23 2,019.38 426.71
PAT (In Crs.) 118.65 325.43 216.44 57.59
EPS - Basic 16.57 321.65 7.21 34.55
NAV per share 48.88 1,569.24 41.71 162.50
RONW 33.91% 20.50% 17.29% 18.00%
EBITDA 16.07% 23.31% 17.95% 20.87%
PAT Margin 9.54% 16.82% 10.72% 13.50%
Price to earning (PE) 45.50 22.15 69.97 25.80

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 11, 2025 for Peers

Atlanta Electricals IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Atlanta Electricals IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 1,244.18 867.55 873.88
Profit after Tax 118.65 63.52 87.47
Net Worth 349.90 228.47 164.90
Total Borrowing 141.03 48.60 73.09
Total Assets 866.19 866.19 560.76
NAV per share (in ₹) 48.88 31.92 23.03
EPS - Basic (in ₹) 16.57 8.87 12.22

Key Performance Indicators (KPIs)

EBITDA

16.07%

PAT

9.54%

ROE

33.91%

ROCE

39.43%

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.57%

Public

0.43%

Krupeshbhai Patel 8.25%
Niral Patel 8.91%
Amish Patel 8.91%
Tanmay Patel 7.53%
Narharibhai Family Trust 46.87%
Atlanta LLP 13.90%
Others 5.20%

Management

Niral Patel
Chairman and MD
Akshay Mathur
CEO
Mehul Mehta
CFO

Registrar & Lead Managers

Company Details

Name: Atlanta Electricals Limited

Address: Plot No. 1503/4, GIDC Estate,
Vithal Udyognagar, Anand – 388
121, Gujarat, India

Number: +91 63596 69331

Email: complianceofficer@aetrafo.com

Website: www.aetrafo.com

Frequently Asked Questions (FAQs)

What is Atlanta Electricals IPO?
Atlanta Electricals IPO is a Mainboard IPO having an issue size of ₹687 Crs. Atlanta Electricals IPO is priced at ₹718 - ₹754 per share. The issue opens on 22 Sep 25 and closes on 24 Sep 25.
When will Atlanta Electricals IPO open?
Atlanta Electricals IPO opens on 22 Sep 25 and closes on 24 Sep 25.
What is the GMP of Atlanta Electricals IPO?
The estimated Grey Market Premium of Atlanta Electricals IPO is ₹130 per share (17.24%).
What is the lot size of Atlanta Electricals IPO?
The minimum lot size of Atlanta Electricals IPO is 19 shares & the minimum application amount is Rs. 14326.
When is the allotment of Atlanta Electricals IPO?
The allotment date of Atlanta Electricals IPO is 25 Sep 25.
What is the listing date of Atlanta Electricals IPO?
The listing date of Atlanta Electricals IPO is 29 Sep 25.
What is the subscription of Atlanta Electricals IPO?
Atlanta Electricals IPO is subscribed 70.63 times.
What is the price band of Atlanta Electricals IPO?
Atlanta Electricals IPO is priced at ₹718 - ₹754 per share.
How to check allotment status of Atlanta Electricals IPO?
Click the allotment link on Atlanta Electricals IPO page of IPO360.
How to apply Atlanta Electricals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Atlanta Electricals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Atlanta Electricals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Atlanta Electricals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date