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Atlanta Electricals IPO Description –Incorporated in 1996, Atlanta Electricals is a leading transformer manufacturing company in India, specializing in power, auto, inverter duty, furnace, generator, and special duty transformers. With over three decades of industry presence. The company has built a strong market reputation for quality, innovation, and reliability, with a workforce of 301 professionals.
As of 31 March 2025, the company maintained an order book of INR 1,642.96 crore, with 82.08% contributed by government and public sector undertakings and 17.92% by private players. Its customer base of 208 spans 19 states and 3 union territories, including marquee clients such as Gujarat Energy Transmission Corporation, Adani Green Energy, TATA Power, and SMS India.
The company has delivered more than 4,400 transformers aggregating to 94,000 MVA across national grids, renewable energy projects, and private utilities. Its four operational manufacturing facilities—one Vadod, two in Anand, Gujarat, and one in Bengaluru, Karnataka—with a combined installed capacity of 47,280 MVA.
Promoters of Atlanta Electricals – Niral Krupeshbhai Patel, Amish Krupeshbhai Patel, Tanmay Surendrabhai Patel, Narharibhai S. Patel Family Trust, Patel Family Trustee Private Limited, Niral Patel Family Trust, Amish Patel Family Trust, Tanmay Patel Family Trust and Atlanta UHV Transformers LLP
Table of Contents
Atlanta Electricals IPO Details
| Atlanta Electricals IPO Dates | 22 – 24 September 2025 |
| Atlanta Electricals Issue Price | INR 718 – 754 per share Employee discount – INR 70 per share |
| Fresh issue | INR 400 crore |
| Offer For Sale | 38,10,895 shares (INR 273.62 – 287.34 crore) |
| Total IPO size | INR 673.62 – 687.34 crore |
| Minimum bid (lot size) | 19 shares (INR 14,326) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Atlanta Electricals Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 873.88 | 867.55 | 1,244.18 |
| Expenses | 766.21 | 784.78 | 1,091.15 |
| Net income | 87.54 | 63.36 | 118.65 |
| Margin (%) | 10.02 | 7.30 | 9.54 |
Atlanta Electricals Offer News
- Atlanta Electricals RHP
- Atlanta Electricals DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Atlanta Electricals Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 12.22 | 8.87 | 16.57 | 15.43 |
| PE Ratio | – | – | 43.33 – 45.5 | 46.52 – 48.86 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 53.05 | 27.80 | 33.91 |
| NAV | 23.03 | 31.92 | 48.88 |
| ROCE (%) | 57.99 | 42.34 | 39.43 |
| EBITDA (%) | 16.38 | 14.20 | 16.07 |
| Debt/Equity | 0.42 | 0.21 | 0.40 |
Atlanta Electricals IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 27 September 2025 | 95 | 1,400 |
| 26 September 2025 | 95 | 1,400 |
| 25 September 2025 | 120 | 1,600 |
| 24 September 2025 | 135 | 1,800 |
| 23 September 2025 | 102 | 1,500 |
| 22 September 2025 | 140 | 2,000 |
| 20 September 2025 | 146 | 2,200 |
| 19 September 2025 | 125 | 2,000 |
Atlanta Electricals Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company – INR 79.12 crore
- Funding of working capital requirements of the company – INR 210 crore
- General Corporate Purposes
Atlanta Electricals IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Emp | Total |
|---|---|---|---|---|---|
| Shares Offered | 18,05,134 | 13,96,844 | 32,59,301 | 77,160 | 65,38,439 |
| 24 Sep 2025 | 194.92 | 54.20 | 10.42 | 3.29 | 70.59 |
| 23 Sep 2025 | 1.48 | 5.55 | 2.93 | 1.43 | 3.06 |
| 22 Sep 2025 | 1.00 | 1.00 | 0.95 | 0.56 | 0.97 |
27,14,885 Shares allotted to anchor investors are not included in these calculations.
Atlanta Electricals – Comparison With Listed Peer
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Atlanta Electricals | 48.86 | 15.43 | 33.91 | 48.88 | 1,244.18 |
| Voltamp Transformers | 22.15 | 321.65 | 20.50 | 1,569.24 | 1,934.23 |
| Transformers and Rectifiers India | 69.97 | 7.21 | 17.29 | 41.71 | 2,019.38 |
Atlanta Electricals IPO Allotment Status
Atlanta Electricals IPO allotment status is now available on the MUFG Intime website. Click on this link to get the allotment status.
Atlanta Electricals IPO Dates & Listing Performance
| IPO Opening Date | 22 September 2025 |
| IPO Closing Date | 24 September 2025 |
| Finalization of Basis of Allotment | 25 September 2025 |
| Initiation of refunds | 26 September 2025 |
| Transfer of shares to demat accounts | 26 September 2025 |
| Atlanta Electricals IPO Listing Date | 29 September 2025 |
| Opening Price on NSE | INR 857 per share (up 13.66%) |
| Closing Price on NSE | INR 823.35 per share (up 9.20%) |
Atlanta Electricals IPO Reviews – Subscribe or Avoid?
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Atlanta Electricals IPO Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
Motilal Oswal Tower, Rahimtullah Sayani Road
Opposite Parel ST Depot, Prabhadevi, Mumbai 400 025
Phone: 91 2271934380
Email: [email protected]
Website: www.motilaloswalgroup.com
Atlanta Electricals Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Atlanta Electricals Contact Details
ATLANTA ELECTRICALS LIMITED
Plot No. 1503/4, GIDC Estate, Vithal
Udyognagar, Anand – 388 121, Gujarat
Phone: +91635966933
Email: [email protected]
Website: www.aetrafo.com
Atlanta Electricals IPO FAQs
How many shares in the Atlanta Electricals IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Atlanta Electricals Public Offer?
The best way to apply for Atlanta Electricals public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Atlanta Electricals IPO GMP today?
Atlanta Electricals IPO GMP today is INR 95 per share.
What is the Atlanta Electricals kostak rate today?
Atlanta Electricals kostak rate today is INR NA per application.
What is Atlanta Electricals Subject to Sauda rate today?
Atlanta Electricals Subject to Sauda rate today is INR 1,400 per application.