35663
Off
atlanta electricals logo

Atlanta Electricals IPO

  • Status: Closed
  • RHP:
  • ₹ 13,642 / 19 shares

    Minimum Investment

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

Open Free Demat Account

+91

By proceeding, you agree to all T&C*

hero_form

Atlanta Electricals IPO Subscription Status

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.

Profit and Loss

Balance Sheet

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.
 

Upcoming IPOs

View all IPOs
  • Companies
  • Type
  • Opening On

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form

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.