Atlanta Electricals IPO

Atlanta Electricals IPO

Listed

MainboardOpens 22 September 2025Closes 24 September 2025

Atlanta Electricals Limited, incorporated in 1988, is a manufacturer of power, auto, and inverter duty transformers in India. The company offers six main products: power transformers, inverter-duty transformers, furnace…

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Price band
₹718 - ₹754
Issue size
₹687.34 Cr
Lot size
19 shares
Type
Mainboard
GMP
₹114 (+15.1%)
Est. listing
₹868
Est. profit / app
₹2,166
Retail quota

Key ratios

As per RHP / filings
Face value
₹2
EPS
16.57
P/E ratio
46.33
RoNW
33.91%
ROE
33.91%
Debt / Equity
0.4
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Timeline

IPO Opens

22 Sept

IPO Closes

24 Sept

Allotment

25 Sept

Listing

29 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date22 September 2025
IPO Close Date24 September 2025
Allotment Date25 September 2025
Listing Date29 September 2025

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,326
Retail (Max)Just less than ₹2,00,000
13₹1,86,238
SHNI (Min)Just above ₹2,00,000
14₹2,00,564
SHNI (Max)Below ₹10,00,000
69₹9,88,494
BHNIAbove ₹10,00,000
70₹10,02,820

IPO Objectives

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
  • Funding working capital requirements of the Company.
  • General corporate purposes.

Strengths

  • The company has a wide product range and offers customized solutions for transformers, catering to a diverse range of customers and applications.
  • It has a strong order book and a well-diversified customer base that includes big names like GETCO, Adani Green Energy, and TATA Power.
  • The business is backed by experienced management, a skilled workforce, and advanced manufacturing facilities that focus on quality and compliance.
  • The company has a consistent financial track record of profitability and is a key player in a high-entry-barrier industry.
  • It has a broad market presence across 19 states in India and a growing export footprint, with IPO proceeds planned to improve financial health and support growth.

Weaknesses

  • The company has a high debt-to-equity ratio of 0.40, which indicates a significant reliance on borrowings and may impact its financial flexibility.
  • It is vulnerable to the volatility of raw material prices, particularly for components like copper and steel, which can affect profitability.
  • The business faces intense competition in the electrical equipment and transformer manufacturing sector from both domestic and international players.
  • The company's P/E ratio appears to be significantly different from that of its peers, which may cause confusion for investors during the valuation process.
  • The IPO includes a significant Offer for Sale (OFS) component, meaning a large portion of the proceeds will not be directly invested in the company's growth.
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Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)866.19559.25560.76
Revenue (₹ Cr.)1,250.49872.05876.66
PAT (₹ Cr.)118.6563.3687.54
Net Worth (₹ Cr.)349.9114.99164.9

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Atlanta Electricals Limited23.6246.3333.91%349.9
Voltamp Transformers Ltd.4.7223.0320.5%1,588.24
Transformers And Rectifiers (india)12.861.2917.12%1,272

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB1x1.48x194.77x
NII1.03x5.72x55.82x
S-HNI1.64x7.96x50.96x
B-HNI0.73x4.6x58.25x
RII0.99x3.04x10.76x
EMP0.59x1.51x3.47x
Total1x3.15x72.16x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB18,06,53335,18,58,58726,530.14
NII13,56,4257,57,10,0415,708.54
Small NII4,52,1422,30,39,2861,737.16
Big NII9,04,2845,26,70,7553,971.37
RII31,64,9923,40,61,9842,568.27
EMP73,0992,53,38419.11
Total64,01,04946,18,83,99634,826.05
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Company Details

  • Atlanta Electricals Ltd.
  • Plot No. 1503/4, GIDC Estate, Vithal Udyognagar, Anand, Gujarat-388121
  • +91 6359669331
  • complianceofficer@aetrafo.com
  • https://aetrafo.com/

Registrar Details

Frequently Asked Questions

See live numbers on GMP, Subscription, and Allotment pages.

Atlanta Electricals IPO News & Updates

Follow the latest updates for Atlanta Electricals IPO, including grey market moves and allotment news.

Atlanta Electricals IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Atlanta Electricals IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • MUFG Intime India Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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