Atlanta Electricals IPO: GMP, Price, Key Dates & Financial Performance
- Krishna Priya
- Sep 19
- 2 min read
The company has set a price band of ₹718–₹754 per share, and retail investors can apply for a minimum lot of 19 shares, requiring a minimum investment of ₹14,326 at the upper band.
IPO Snapshots
Detail | Information |
Total Issue Size | ₹687.34 Cr (91,15,934 shares) |
Fresh Issue | ₹400.00 Cr (53,05,039 shares) |
Offer for Sale | ₹287.34 Cr (38,10,895 shares) |
Price Band | ₹718 – ₹754 per share |
Lot Size | 19 shares |
Face value | ₹2 per share |
Minimum Investment | ₹14,326 (at upper band) |
Employee Discount | ₹70 per share |
Listing | NSE & BSE |
IPO Opens | September 22, 2025 |
IPO Closes | September 24, 2025 |
Incorporated in 1988, Atlanta Electricals Ltd. manufactures a wide range of transformers, including power, inverter-duty, furnace, generator, and special-duty transformers. With five manufacturing facilities (four operational and one recently commissioned), the company serves 208 customers across 19 states and exports to the US, Kuwait, and Oman. Key clients include GETCO, Adani Green Energy, and Tata Power.
Financial Performance
Period Ended | Revenue (₹ Cr) | Profit After Tax (₹ Cr) |
31 Mar 2025 | 1,244.18 | 118.65 |
31 Mar 2024 | 867.55 | 63.36 |
31 Mar 2023 | 873.88 | 87.55 |
Grey Market Premium (GMP)
As of September 19, 2025, the Grey Market Premium (GMP) for Atlanta Electricals IPO is ₹125. Based on the upper price band of ₹754, the estimated listing price is around ₹879, indicating a potential gain of about 16.58% per share.
Peer Comparison
Company Name | CMP (₹) | Market Cap (₹ Cr) | P/E | Sales (₹ Cr) | OPM % | PAT 12M (₹ Cr) |
Atlanta Electricals | — | — | — | 1,250.48 | — | 118.65 |
Volt.Transform. | 7,347.75 | 7,433.83 | 22.84 | 1,929.65 | 18.82 | 325.52 |
T R I L | 526.55 | 15,805.24 | 61.05 | 2,226.71 | 16.77 | 263.06 |
Danish Power | 888.05 | 1,748.73 | 29.98 | 424.97 | 19.15 | 58.34 |
Use of Proceeds
Atlanta Electricals Ltd. intends to allocate the IPO proceeds towards three key areas. Around ₹79.12 crore will be used for the repayment or prepayment of certain outstanding borrowings, while approximately ₹210 crore will be directed towards meeting the company’s working capital requirements. The remaining funds will be utilized for general corporate purposes to support overall business operations and future growth.
Disclaimer: This content is for educational purposes only. Please do your own research and consult a financial advisor before making any investment decisions.
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