Atlanta Electricals Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its final day of subscription, with Atlanta Electricals' stock price set at ₹718-754 per share reflecting overwhelming market reception. The ₹687.34 crore IPO reached 72.16 times by 5:03:36 PM on day three.
Atlanta Electricals IPO qualified institutional buyers segment leads with exceptional 194.77 times subscription, whilst non-institutional investors show exceptional 55.82 times and individual investors demonstrate strong participation at 10.76 times, whilst employee segment shows moderate participation at 3.47 times and anchor investors show complete participation at 1.00 times.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!Atlanta Electricals IPO subscription reached exceptional 72.16 times on day three, led by Qualified Institutional Buyers Ex-Anchor (194.77x), Non-Institutional Investors (55.82x), and Individual Investors (10.76x). Total applications reached 17,07,997.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 22) | 1.00 | 1.03 | 0.99 | 1.00 |
| Day 2 (September 23) | 1.48 | 5.72 | 3.04 | 3.15 |
| Day 3 (September 24) | 194.77 | 55.82 | 10.76 | 72.16 |
Day 3 Subscription Details
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 27,14,885 | 27,14,885 | 204.70 |
| QIB (Ex Anchor) | 194.77 | 18,06,533 | 35,18,58,587 | 26,530.14 |
| Non-Institutional Buyers | 55.82 | 13,56,425 | 7,57,10,041 | 5,708.54 |
| Retail Investors | 10.76 | 31,64,992 | 3,40,61,984 | 2,568.27 |
| Total | 72.16 | 64,01,049 | 46,18,83,996 | 34,826.05 |
Key Highlights - Day 3:
- Overall subscription reached exceptional 72.16 times, showing remarkable surge from day two's 3.15 times to become one of the highest subscribed electrical equipment IPOs
- Qualified institutional buyers (ex-anchor) displaying exceptional interest at 194.77 times, building massively from day two's 1.48 times indicating overwhelming institutional confidence
- Non-institutional investors showing exceptional performance at 55.82 times, building substantially from day two's 5.72 times
- Individual investors demonstrating strong confidence at 10.76 times, building significantly from day two's 3.04 times showing robust retail appetite
- Total applications reached 17,07,997, indicating massive investor participation for this mainboard IPO
- Cumulative bid amount reached ₹34,826.05 crores, representing massive 5,067% of the issue size of ₹687.34 crores
Key Highlights - Day 2
- Overall subscription reached 3.15 times, improving significantly from day one’s 1.00 times.
- Non-institutional investors subscribed 5.72 times, rising from 1.03 times on day one.
- Retail investors showed 3.04 times participation, up from 0.99 times on day one.
- Employees subscribed 1.51 times, up from 0.59 times on day one.
- Qualified institutional buyers showed modest growth at 1.48 times, up from 1.00 times.
- Total applications reached 4,60,937, reflecting substantial investor participation.
- Cumulative bid amount touched ₹1,521.16 crores, well above the issue size of ₹687.34 crores.
Atlanta Electricals IPO - Day 1 Subscription at 1.00 Times
Key Highlights - Day 1
- Overall subscription at 1.00 times, showing steady opening day interest.
- Non-institutional investors subscribed 1.03 times, showing balanced HNI appetite.
- Qualified institutional buyers stood at 1.00 times, indicating measured institutional appetite.
- Retail investors showed 0.99 times participation, reflecting reasonable sentiment.
- Employees subscribed 0.59 times, showing cautious participation.
About Atlanta Electricals Limited
Incorporated in December 1988, Atlanta Electricals Limited manufactures power, auto, and inverter duty transformers in India, operating across five manufacturing facilities. The company serves customers in 19 states and three union territories, supplying transformers to state and national grids, private players, and major renewable energy projects. Its customer base includes 208 diverse clients such as GETCO, Adani Green Energy, and TATA Power.
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