Atlanta Electricals IPO
Atlanta Electricals IPO — date, price band, lot size & details 2025
Atlanta Electricals listed on 29 Sep 2025 at ₹857, 13.7% above the ₹754 issue price.
Atlanta Electricals makes power, auto and inverter duty transformers in India. On 31 March 2025 it had supplied 4,400 transformers totalling 94,000 MVA.
Stock price
Atlanta Electricals is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 22 Sep 2025
- Close 24 Sep 2025
- Allotment 25 Sep 2025
- Refund/credit 26 Sep 2025
- Listing 29 Sep 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 22 to 24 Sep, 2025 |
|---|---|
| Price Band | ₹718 – ₹754 |
| Face Value | ₹2 |
| Lot Size | 19 Shares |
| Issue Size | ₹687.34 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 70.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,326 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 19 shares at the ₹754 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 19 | ₹14,326 |
| Retail (max) | 13 | 247 | ₹1,86,238 |
| S-HNI (min) | 14 | 266 | ₹2,00,564 |
| S-HNI (max) | 69 | 1,311 | ₹9,88,494 |
| B-HNI (min) | 70 | 1,330 | ₹10,02,820 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 876.66 crore in FY2023 to Rs 1,250.49 crore in FY2025.
- 02Profit after tax rose from Rs 63.36 crore in FY2024 to Rs 118.65 crore in FY2025.
- 03Return on equity was 33.91% and return on capital employed was 39.43%.
- 04The company had supplied 4,400 transformers totalling 94,000 MVA by 31 March 2025.
- 05Rs 79.12 crore of the fresh issue was for repaying debt.
Risks · 6
- 01The P/E was 48.87 at the upper band of Rs 754, based on post-issue EPS of Rs 15.43.
- 02Profit after tax fell from Rs 87.54 crore in FY2023 to Rs 63.36 crore in FY2024, so earnings have been uneven.
- 03Total borrowing rose from Rs 48.60 crore on 31 March 2024 to Rs 141.03 crore on 31 March 2025.
- 04Rs 287.13 crore of the Rs 687.34 crore issue was offer for sale and did not reach the company.
- 05Rs 210.00 crore of the proceeds was for working capital.
- 06Promoters held 94.36% before the issue and still held 86.97% after it, so public float is small.
Three years of numbers
All figures in ₹ crore, as reported in the Atlanta Electricals offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 866.19 | 559.25 | 560.76 |
| Total Income | 1,250.49 | 872.05 | 876.66 |
| Profit After Tax | 118.65 | 63.36 | 87.54 |
| EBITDA | 199.88 | 123.16 | 143.12 |
| NET Worth | 349.90 | 228.47 | 164.90 |
| Total Borrowing | 141.03 | 48.60 | 73.09 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Atlanta Electricals RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Atlanta Electricals IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹16.57 | ₹15.43 |
| P/E Ratio (x) | 45.50 | 48.87 |
| Market Cap at Offer Price (₹ Cr) | ₹5,399.04 | ₹5,797.93 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹754 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹417.25 Cr of the issue is earmarked to named objects.
Atlanta Electricals IPO Anchor Investors
15 anchor investors across 11 fund houses committed ₹204.69 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
On 31 March 2025 the company served customers in 19 states and three union territories. It had supplied 4,400 transformers totalling 94,000 MVA to state and national grids, private players and renewable energy projects.
The company has five manufacturing facilities. Two are at Anand in Gujarat and one is in Bengaluru, and the Vadod unit began commercial production in July 2025.
The IPO was Rs 687.34 crore, with Rs 400.21 crore of fresh issue and Rs 287.13 crore of offer for sale. Rs 210.00 crore was planned for working capital.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Atlanta Electricals IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
40 issues handledBest listing: Moneyview (+61.8%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
Motilal Oswal Investment Advisors
40 issues handledBest listing: GNG Electronics (+49.8%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Atlanta Electricals?
The current Grey Market Premium is ₹100, or 13% over the issue price.
What is the Atlanta Electricals IPO price band?
₹718 to ₹754, on a face value of ₹2.
When is the allotment?
The basis of allotment is 25 September 2025, with listing on 29 September 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
