Atlanta Electricals IPO Date, Review, Price, Allotment Details
Posted on: 18 Sep 2025
The Atlanta Electricals IPO is scheduled to open on September 22, 2025, and will close on September 24, 2025. This Book Built Issue plans to raise approximately ₹687.34 crores, including a fresh issue of ₹400 crores and an offer for sale of up to 38,10,895 equity shares with a face value of ₹2 each.
The IPO price band is set between ₹718 and ₹754 per share. The issue allocation designates 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for retail investors. The allotment of shares is expected to be finalized on September 25, 2025, with the IPO slated to list on BSE and NSE on September 29, 2025.
From a financial perspective, Atlanta Electricals demonstrated strong growth, with revenue rising from ₹872.05 crores in 2024 to ₹1,250.49 crores in 2025, while net profit increased from ₹63.36 crores to ₹118.65 crores during the same period. Given this robust performance, the IPO is considered a potential long-term investment opportunity.
Atlanta Electricals IPO Details
IPO Open Date
September 22, 2025
IPO Close Date
September 24, 2025
Face Value
₹2 Per Equity Share
IPO Price Band
₹718 to ₹754 Per Share
Issue Size
Approx ₹687.34 Crores
Fresh Issue
Approx ₹38.99 Crores
Offer for Sale:
Approx 38,10,895 Equity Shares
Issue Type
Book Built Issue
IPO Listing
BSE, NSE
DRHP Draft Prospectus
RHP Draft Prospectus
Atlanta Electricals IPO Market Lot
The minimum market lot for the Atlanta Electricals IPO is 19 shares, requiring an application amount of ₹14,326. Retail investors can apply for a maximum of 13 lots, which equals 247 shares with a total investment of ₹1,86,238.
Application
Lot Size
Shares
Amount
Retail Minimum
1
19
₹14,326
Retail Maximum
13
247
₹1,86,238
S-HNI Minimum
14
266
₹2,00,564
S-HNI Maximum
69
1,311
₹9,88,494
B-HNI Minimum
70
1,330
₹10,02,820
IPO Reservation
Investor Category
Share Offered
% Shares
Anchor Investor
– Shares
-%
QIB (Ex. Anchor)
– Shares
50%
NII Shares Offered
– Shares
15%
Retail Shares Offered
– Shares
35%
Atlanta Electricals IPO Anchor Investors
Anchor Bidding Date
September 19, 2025
Anchor Investors List
Shares Offered
[.] Shares
Anchor Size
[.] Cr.
Lock-in period end date 50% shares (30 Days)
October 25, 2025
Lock-in period end date 50% shares (90 Days)
December 24, 2025
Atlanta Electricals IPO Dates
The minimum market lot for the Atlanta Electricals IPO is 19 shares, requiring an application amount of ₹14,326. Retail investors can apply for a maximum of 13 lots, which equals 247 shares with a total investment of ₹1,86,238.
IPO Open Date:
September 22, 2025
IPO Close Date:
September 24, 2025
Basis of Allotment:
September 25, 2025
Refunds:
September 26, 2025
Credit to Demat Account:
September 26, 2025
IPO Listing Date:
September 29, 2025
IPO Bidding Cut-off Time:
September 24, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of Atlanta Electricals are Krupeshbhai Narharibhai Patel, Niral Krupeshbhai Patel, Amish Krupeshbhai Patel, Tanmay Surendrabhai Patel, Patel Family Trustee Private Limited, and Atlanta UHV Transformers LLP.
Particular
Shares
% Share
Promoter Holding Pre-Issue
7,15,84,800
94.36%
Promoter Holding Post Issue
7,68,89,839
86.97%
Objects of the Issue & Utilisation of Proceeds
Purpose
Crores
%
Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company;
79.12
-%
Funding working capital requirements of our Company; and
210
-%
General Corporate Purpose
–
-%
About Atlanta Electricals IPO
Based on the volume of production, Atlanta Electricals is among the largest producers of power, auto and inverter duty transformers in India. Furthermore, it is also one of a handful of companies in India that manufactures transformers with a capability of up to 200 MVA or a rating of up to 220 kV. As of March 31, 2025, the company manufactures six product types: power transformers, inverter-duty transformers, furnace transformers, generator transformers and special-duty transformers. Atlanta Electricals maintains strong partnerships with important players in the transmission and distribution, renewable energy and mobility sectors, which have all contributed to the growth of the business. In addition, with over 30 years of transformer manufacturing experience, the company enjoys a legacy of quality and technology. Atlanta Electricals has 208 distinct customers, including GETCO, Adani Green Energy, TATA Power and SMS India.
Atlanta Electricals IPO Company Financial Report
Amount in Crores (₹)
Period Ended
Revenue
Expense
PAT
Assets
2022
₹627.69
₹564.73
₹55.25
₹414.58
2023
₹876.66
₹766.21
₹87.54
₹560.76
2024
₹872.05
₹784.78
₹63.36
₹559.25
2025
₹1,250.49
₹1091.15
₹118.65
₹866.19
Atlanta Electricals IPO Valuation – FY2025
Check Atlanta Electricals IPO valuation details, like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
