Atlanta Electricals IPO Details
Atlanta Electricals is launching its Book-Built IPO of Rs. 687.34 crore, which comprises a fresh issue of 0.53 crore shares amounting to Rs. 400.00 crore and an offer for sale of 0.38 crore shares worth Rs. 287.34 crore. The IPO will open for subscription on September 22, 2025 and close on September 24, 2025, while the allotment is expected to be finalized on September 25, 2025. The shares are proposed to be listed on both BSE and NSE, with the tentative listing date set for September 29, 2025.
The price band has been fixed at Rs. 718 to Rs. 754 per share, and the minimum lot size is 19 shares, requiring a retail investment of Rs. 14,326 at the upper price band. For small non-institutional investors (sNII), the application size is 14 lots or 266 shares, involving an investment of Rs. 2,00,564, while for big non-institutional investors (bNII), it is 70 lots or 1,330 shares, translating into Rs. 10,02,820. Motilal Oswal Investment Advisors Ltd. is acting as the book-running lead manager to the issue, and MUFG Intime India Pvt. Ltd. is the registrar.
🕗 Last Update: 17 September 2025, 6.00 AM
Table of Contents
Atlanta Electricals IPO Key Dates
| Anchor portion | |
| IPO opens on | 22 Sept 2025 |
| IPO Closes on | 24 Sept 2025 |
| IPO Allotment on | 25 Sept 2025 |
| Unblocking of Asba | 26 Sept 2025 |
| Credit of Shares | 26 Sept 2025 |
| Listing of Shares | 29 Sept 2025 |
Who are the promoters of Atlanta Electricals IPO?
The promoters of the Company are Krupeshbhai Narharibhai Patel, Niral Krupeshbhai Patel, Amish Krupeshbhai Patel, Tanmay Surendrabhai Patel, Patel Family Trustee Private Limited and Atlanta UHV Transformers LLP.
The promoters hold 94.36% shares in the post IPO capital of the company.
What are the Objects of Atlanta Electricals IPO?
The Offer comprises of fresh issue of capital & the objects are
+Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company Rs. 79.12 Crore
+Funding working capital requirements of the Company Rs. 210 Crore
+General Corporate Purposes
What is the business of Atlanta Electricals?
Atlanta Electricals IPO Details
| IPO opens on | 22 September 2025 |
| IPO closes on | 24 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 91,15,934 Shares / Rs 687.34 Crore |
| * Fresh Issue | Rs 400 Crore |
| * Offer for Sale | Rs 287.34 Crore |
| Face Value per share: | Rs. 2 |
| Price Band | Rs. 718-754 |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. – per share |
| Retail Lot Size | 19 Shares |
| Listing will at | BSE, NSE |
How are the shares offered in Atlanta Electricals IPO?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
| NII Shares Offered | Not less than 15.00% of the Net Offer |
How can the shares be applied in Atlanta Electricals IPO?
| Application | Lots | Shares | Amount Rs. |
| 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 |
Atlanta Electricals IPO allotment Status
Allotment of this IPO will be announced on 25 September 2025 and the link to check allotment is given below:
https://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Atlanta Electricals Ltd. Plot No. 1503/4, GIDC Estate, Vithal Udyognagar, Anand, Gujarat, 388121 Email: complianceofficer@aetrafo.com |
|
| Who are the Lead Managers of ivalue Infosolutions IPO? Motilal Oswal Investment Advisors Ltd Axis Capital Ltd |
|
| Registrar to IPO | |
| Mufg Intime India Limited |
Atlanta Electricals IPO Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| 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 | 349.9 | 228.47 | 164.9 |
| Total Borrowing | 141.03 | 48.6 | 73.09 |
| Amount in ₹ Crore | |||
Key Performance Indicators
| KPI | Values |
| ROE | 33.91% |
| ROCE | 39.43% |
| Debt/Equity | 0.4 |
| RoNW | 33.91% |
| PAT Margin | 9.54% |
| EBITDA Margin | 16.07% |
| Price to Book Value | 23.62 |
| EPS | 16.57 |
How Atlanta Electricals IPO compares with the Peers?
Peer Comparison.
| Company Name | P/E (x) | RoNW (%) |
| Atlanta Electricals Limited | 46.33 | 33.91 |
| Voltamp Transformers Ltd. | 22.15 | 20.5 |
| Transformers And Rectifiers | 69.97 | 17.29 |
Atlanta Electricals IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Atlanta Electricals has delivered strong growth in the last three years, with Total Income rising from Rs. 876.66 crore (FY23) to Rs. 1,250.49 crore (FY25) and PAT almost doubling from Rs. 63.36 crore in FY24 to Rs. 118.65 crore in FY25. Margins are healthy with EBITDA margin at 16.07% and PAT margin at 9.54%. The balance sheet looks sound with Debt/Equity at just 0.4, while return ratios are very attractive (ROE 33.91%, ROCE 39.43%). At the same time, valuations appear rich, with Price to Book Value at 23.62, whereas PE Ratio is at 46.33, which is somewhat attractive.
The price band is Rs. 718 – Rs. 754 per share. The lot size is 19 shares, requiring a minimum investment of Rs. 14,326 for retail investors.
The IPO will open on September 22, 2025 and close on September 24, 2025. Allotment is expected on September 25, 2025 and the listing on September 29, 2025.
The company manufactures power, auto, inverter-duty, furnace, generator, and special-duty transformers. It has supplied over 4,400 transformers totalling 94,000 MVA across India and has a strong client base including GETCO, Adani Green Energy, TATA Power, and exports to USA, Kuwait, and Oman.
Atlanta Electricals enjoys strong fundamentals with high growth, healthy margins, and attractive return ratios. However, valuations are expensive with Price to Book Value above 23. Considering industry growth potential and company’s market positioning, the IPO may suit investors with a medium to long-term horizon, but short-term listing gains could depend on grey market trends and investor sentiment.
Atlanta Electricals IPO dates
Atlanta Electricals IPO price & Lot
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