ATLANTA ELECTRICALS IPO
Key IPO Details at a Glance
Atlanta Electricals Limited, a prominent name in transformer manufacturing, has launched its Initial Public Offering (IPO), inviting investors to be a part of its growth journey. This section provides a concise overview of the key aspects of the IPO.
| IPO Period | 22nd – 24th Sep 2025 |
|---|---|
| Listing on | 29 Sep 2025 |
| Price Band | ₹718 – ₹754 per equity share |
| Lot Size & Minimum Investment | 19 shares (₹14,326 at the upper price band) |
| Total Issue Size | ₹687.34 crores |
Important Dates for Investors
Understanding the critical dates associated with the Atlanta Electricals IPO is essential for all prospective investors to ensure timely participation and tracking of their application status.
- Opening Date: 22 Sep 2025
- Closing Date: 24 Sep 2025
- UPI Payment Deadline: 24 Sep 2025 (5 PM)
- Allotment Announcement: 25 Sep 2025
- Refund Processing: 26 Sep 2025
- Demat Credit: 26 Sep 2025
- Stock Market Listing: 29 Sep 2025
- Mandate Validity End: 09 Oct 2025
- Anchor Investor Lock-in Release (50%): 25 Oct 2025
- Anchor Investor Lock-in Release (Remaining): 24 Dec 2025
*Dates may be revised as per official updates.
Introducing Atlanta Electricals Limited: A Sector Leader
Founded in 1988, Atlanta Electricals Limited has carved a significant niche in the transformer manufacturing industry in India. With over three decades of extensive experience, the company specializes in the meticulous design and production of a diverse range of transformers, including power, auto, and inverter duty transformers. Headquartered in Gujarat, Atlanta Electricals boasts multiple state-of-the-art manufacturing facilities strategically located across Gujarat and Karnataka. The company prides itself on serving a wide array of public and private sector clients, extending its reach across 19 states and three union territories. Atlanta Electricals has consistently demonstrated its commitment to quality, operational efficiency, and stringent technical compliance, solidifying its position as a significant and trusted player in its segment.
IPO Structure and Capital Mobilization
The Atlanta Electricals IPO aims to raise a substantial amount of capital to fuel its future growth and operational enhancements. The issue structure is a combination of a fresh issue and an offer for sale, allowing both fresh capital infusion into the company and an opportunity for existing shareholders to divest a part of their holdings.
| Total Funds Raised | ₹687.34 crores |
|---|---|
| Fresh Issue Component | ₹400.00 crores |
| Offer for Sale Component | ₹287.34 crores |
The fresh issue component signifies new equity shares being issued by the company, with the proceeds directly flowing into the company’s coffers for its stated objectives. The Offer for Sale (OFS) component provides liquidity to existing shareholders, without altering the company’s equity base or adding to its cash reserves directly.
Strategic Utilization of IPO Proceeds
The capital raised through the fresh issue portion of the IPO is earmarked for several strategic initiatives designed to bolster Atlanta Electricals’ operational capabilities, reduce debt, and support general corporate purposes. This carefully planned allocation reflects the company’s commitment to sustainable growth and enhanced shareholder value.
| Objective | Amount (INR Crores) | Allocation % |
|---|---|---|
| Capital expenditure | 210.00 | 52.5% |
| Repayment/pre-payment, in full or in part of outstanding borrowings | 79.10 | 19.7% |
| General corporate purposes and miscellaneous | 110.90 | 27.7% |
A significant portion of the proceeds is allocated to capital expenditure, indicating a focus on expanding and upgrading manufacturing infrastructure. Debt reduction further strengthens the company’s financial health, while funds for general corporate purposes provide flexibility for future strategic initiatives.
Distinctive Strengths of Atlanta Electricals
Atlanta Electricals has built a robust foundation over the years, leveraging several core strengths that distinguish it in the competitive transformer manufacturing landscape. These attributes are pivotal to its market position and sustained growth trajectory.
- Leading Transformer Manufacturer: With over 30 years of operational excellence, the company has established itself as a leading and trusted manufacturer in the transformer segment.
- Wide Product Portfolio: Atlanta Electricals offers a comprehensive range of transformers, including power, auto, and inverter duty transformers, specifically tailored to meet diverse customer needs across various industries.
- Strong Order Book & Diversified Customer Base: The company benefits from a robust order book, underpinned by a well-diversified clientele comprising both public and private sector entities across multiple states and union territories.
- Robust Manufacturing Capacity: Atlanta Electricals operates with significant manufacturing capacity, complemented by stringent quality compliance protocols, ensuring high-quality product delivery.
- Consistent Financial Performance: The company has demonstrated a history of consistent financial performance, supported by a conservative debt policy that contributes to its financial stability.
Key Risks for Prospective Investors
While Atlanta Electricals presents compelling investment opportunities, potential investors should be aware of certain inherent risks that could impact the company’s future performance and financial stability.
- Reliance on Leased Premises: A heavy dependence on leased premises for its manufacturing operations introduces potential risks related to lease renewals, escalating costs, or availability challenges.
- Customer Defaults: The possibility of customer defaults on payments could significantly impact the company’s cash flow stability and overall financial health.
- Delay in Vadod Facility Setup: Any unforeseen delays in the establishment of its Vadod facility may impede the company’s planned expansion and future growth prospects.
- Promoter Guarantee Revocation: The revocation of promoter guarantees could potentially trigger loan repayment obligations, adding financial pressure on the company.
- Limited Legal Recourse: The presence of untraceable corporate records for certain aspects could lead to limited legal recourse in specific situations, posing a governance risk.
Subscription Performance and Investor Interest
The subscription figures for the Atlanta Electricals IPO provide valuable insights into investor interest across different categories. These numbers reflect the demand generated for the shares during the subscription period.
Subscription statistics based on the latest available information as of 5:00 PM on September 24, 2025:
| Investor Category | Shares Reserved (Lakhs) | Shares Applied (Lakhs) | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 18.06 | 3518.58 | 194.77 |
| Non-Institutional Investors (NII) | 13.56 | 757.10 | 55.82 |
| Retail Individual Investors (RII) | 31.64 | 340.61 | 10.76 |
| Employees | 0.73 | 2.53 | 3.47 |
| Total | 64.01 | 4618.83 | 72.16 |
The robust subscription across all investor categories, particularly from Qualified Institutional Buyers, indicates strong market confidence and high demand for Atlanta Electricals’ shares. These figures are considered reliable indicators of investor sentiment for the IPO.
*GMP figures are unofficial and may vary; exchange data is more reliable.
How to Apply
Investors can participate in this IPO via the official Dhan Kirti IPO platform before the subscription closes. Ensure you complete your application within the stipulated timelines.
