
Electricals & Electronics · NSE / BSE
Atlanta Electricals Limited, established in December 1988, is a transformer manufacturer in India offering power, inverter-duty, furnace, generator, and special-duty transformers. By September 2024, the company had delivered over 4,000 transformers with a total capacity of 78,000 MVA to state and national grids, private companies, and renewable energy projects across 19 states and 3 union territories. It operates three manufacturing plants, two in Anand, Gujarat, and one in Bengaluru, Karnataka, and serves 208 clients including GETCO, Adani Green Energy, TATA Power, and SMS India. The company also exports to the US, Kuwait, and Oman and employs 301 people.
Price Band
₹718 – ₹754
Issue Size
₹687 Cr
Lot Size
19 shares
GMP
+10.1%
Est. Listing
₹830
at current GMP
Subscribed
49.91x
overall
Open
22 Sep 2025
Close
24 Sep 2025
Allotment
25 Sep 2025
Refund
26 Sep 2025
Demat Credit
27 Sep 2025
Listing
29 Sep 2025
Designated Registrar: Link Intime India Private Ltd (MUFG)
Allotment Date
25 Sep 2025
Basis finalization
Refunds Initiate
26 Sep 2025
Mandate release
Demat Credit
27 Sep 2025
Shares in demat
Listing Debut
29 Sep 2025
Trading begins
Atlanta Electricals Limited is bringing an initial public offering (IPO) in the Electricals & Electronics sector with an aggregate issue size of ₹687.34 Crores. The shares are offered at a price band of ₹718 to ₹754 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-24, the basis of allotment is scheduled to be finalized on 2025-09-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.