Atlanta Electricals IPO
IPO Listing Details
- Listing Date
29 Sep 2025
- Listing Price
₹858.10
- Listing Change
13.81%
- Last Traded Price
₹871.25
Atlanta Electricals IPO Details
-
Open Date
22 Sep 2025
-
Close Date
24 Sep 2025
-
Listing Date
29 Sep 2025
- IPO Price Range
₹ 718 to ₹754
- IPO Size
₹ 687.34 Cr
- Listing Exchange
BSE, NSE
Atlanta Electricals IPO Timeline
Atlanta Electricals IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 22-Sep-25 | 1.00 | 1.03 | 0.99 | 1.00 |
| 23-Sep-25 | 1.48 | 5.72 | 3.04 | 3.15 |
| 24-Sep-25 | 194.77 | 55.82 | 10.76 | 72.16 |
Last Updated: 24 September 2025 6:10 PM by 5paisa
Atlanta Electricals Limited, launching a ₹687.34 crore IPO, manufactures power, auto and inverter-duty transformers. As of 30 September 2024, its portfolio includes six products, serving 208 customers across 19 states and three union territories, with clients such as GETCO, Adani Green Energy, TATA Power and SMS India. The company has delivered 4,000 transformers totalling 78,000 MVA to grids, private players and renewable projects, operates three facilities in Gujarat and Karnataka, and exports to the United States, Kuwait and Oman.
Established in: 1988
Managing Director: Mr. Niral Krupeshbhai Patel
Peers:
| Name of the company | Atlanta Electricals Limited |
Voltamp Transformers Limited | Transformers and Rectifiers India Limited | Danish Power Limited |
| Revenue from operations (in ₹ million) | 867.55 | 1616.22 | 1294.68 | 332.48 |
| Face Valueper Equity Share(₹) | 2.00 | 10.00 | 1.00 | 10.00 |
| Closing price as on January 31,2025 | NA | 8358.15 | 888.60 | 889.45 |
| P/E | NA | 27.51 | 274.26 | 34.16 |
| EPS as on March 31, 2024 (Basic and Diluted)(₹) | 8.87 | 303.80 | 3.24 | 26.04 |
| RoNW (%) |
27.80 | 22.71 | 8.48 | 46.36 |
| NAV(₹ per share) | 31.92 | 1337.94 | 38.89 | 510.36 |
Atlanta Electricals Objectives
The company will use ₹79.12 crores to repay or prepay borrowings.
It will allocate ₹210.00 crores for working capital needs.
The remaining amount will be used for general corporate purposes.
Atlanta Electricals IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹687.34 Cr |
| Offer For Sale | ₹287.34 Cr |
| Fresh Issue | ₹400.00 Cr |
Atlanta Electricals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | 13,642 |
| Retail (Max) | 13 | 247 | 1,77,346 |
| S-HNI (Min) | 14 | 266 | 1,90,988 |
| S-HNI (MAX) | 69 | 1,311 | 9,41,298 |
| B-HNI (Min) | 70 | 1,330 | 9,54,940 |
Atlanta Electricals IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 194.77 | 18,06,533 | 35,18,58,587 | 26,530.14 |
| NII (HNI) | 55.82 | 13,56,425 | 7,57,10,041 | 5,708.54 |
| bNII (bids above ₹10L) | 58.25 | 9,04,284 | 5,26,70,755 | 3,971.37 |
| sNII (bids below ₹10L) | 50.96 | 4,52,142 | 2,30,39,286 | 1,737.16 |
| Retail Investors | 10.76 | 31,64,992 | 3,40,61,984 | 2,568.27 |
| Employees | 3.47 | 73,099 | 2,53,384 | 19.11 |
| Total** | 72.16 | 64,01,049 | 46,18,83,996 | 34,826.05 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 625.66 | 873.88 | 867.55 |
| EBITDA | 89.36 | 143.12 | 123.16 |
| PAT | 55.30 | 87.47 | 63.52 |
| Particulars (in Rs. Crores)] | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 414.58 | 560.76 | 559.25 |
| Share Capital | 14.32 | 14.32 | 14.32 |
| Total Borrowings | 75.89 | 73.09 | 48.60 |
| Particulars (in Rs. Crores | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 0.75 | 51.98 | 88.31 |
| Net Cash Generated From / (used in) investing activities | 2.0 | -17.82 | -35.65 |
| Net Cash Generated From / (used in) financing activities | -2.78 | -31.27 | -55.57 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.02 | 2.89 | -2.91 |
Strengths
1. Diverse product portfolio across six transformer categories.
2. Established presence in 19 states and territories.
3. Strong customer base with 208 reputed clients.
4. Export capability to United States, Kuwait, Oman.
Weaknesses
1. High dependence on domestic transformer market demand.
2. Limited global presence compared to larger competitors.
3. Working capital requirements remain significantly high.
4. Borrowings increase financial risk and debt servicing pressure.
Opportunities
1. Growing renewable energy projects across Indian market.
2. Expansion into untapped international power markets.
3. Rising demand for efficient energy transmission systems.
4. Government initiatives supporting infrastructure and electrification.
Threats
1. Intense competition from domestic and global players.
2. Fluctuating raw material costs affecting profit margins.
3. Regulatory changes may impact project execution timelines.
4. Currency volatility could affect international business profitability.
1. Diversified product portfolio serving multiple energy sectors.
2. Strong customer base including reputed industry leaders.
3. Established manufacturing presence across Gujarat and Karnataka.
4. Growth potential from renewable energy and export markets.
Atlanta Electricals operates within India’s rapidly expanding power and energy infrastructure sector, driven by increasing demand for reliable electricity, renewable integration, and grid modernisation. With a diversified transformer portfolio, the company is well-positioned to capitalise on government-led electrification initiatives and private sector investments. Its established domestic presence, coupled with growing export opportunities, highlights strong growth potential in both national and international markets.
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FAQs
Atlanta Electricals IPO opens from September 22, 2025 to September 24, 2025.
The size of Atlanta Electricals IPO is ₹687.34 Cr.
The price band of Atlanta Electricals IPO is fixed at ₹718 to ₹754 per share.
To apply for Atlanta Electricals IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Atlanta Electricals IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Atlanta Electricals IPO is of 19 shares and the investment required is ₹14,326.
The share allotment date of Atlanta Electricals IPO is September 25, 2025.
The Atlanta Electricals IPO will likely be listed on September 29, 2025.
Motilal Oswal Investment Advisors Ltd is the book running lead manager for Atlanta Electricals IPO.
Atlanta Electricals plans to utilise the raised capital from the IPO for:
● The company will use ₹79.12 crores to repay or prepay borrowings.
● It will allocate ₹210.00 crores for working capital needs.
● The remaining amount will be used for general corporate purposes.
Atlanta Electricals Contact Details
Plot No. 1503/4,
GIDC Estate,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 6359669331
Email: complianceofficer@aetrafo.com
Website: https://aetrafo.com/
Atlanta Electricals IPO Register
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: atlantaelectricals.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Atlanta Electricals IPO Lead Manager
Motilal Oswal Investment Advisors Ltd.
Axis Capital Ltd