Atlanta Electricals
September 22, 2025 – September 24, 2025
| Price | ₹718 - ₹754 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 19 |
| Allotment | Sep 25, 2025 |
| Listing | Sep 29, 2025 |
Atlanta Electricals Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 19 | 14326 | 166579 |
| sHNI | 14 | 266 | 200564 | 1700 |
| bHNI | 70 | 1330 | 1002820 | 3400 |
Atlanta Electricals Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 4521418 | 49.6% |
| HNI | 1356425 | 14.88% |
| Retail | 3164992 | 34.72% |
| Employee | 73099 | 0.8% |
| Total | 9115934 | 100% |
Atlanta Electricals About
(As per DRHP)
IPO Details
| Total Issue Size | 91,15,934 shares (aggregating up to ₹687.34 Cr) |
| Fresh Issue | 53,05,039 shares (aggregating up to ₹400.00 Cr) |
| Offer For Sale | 38,10,895 shares (aggregating up to ₹287.34 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE , NSE |
| Share Holding Pre Issue | 7,15,84,800 shares |
| Share Holding Post Issue | 7,68,89,839 shares |
| Employee Discount | ₹ 70.00 |
IPO Reservation
| 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 |
Key Performance Indicators (KPI)
| KPI | FISCAL-25 | FISCAL-24 | FISCAL-23 |
|---|---|---|---|
| ROE | 33.91% | 27.80% | 53.05% |
| ROCE | 39.43% | 42.34% | 57.99% |
| EPS (BASIC) | 16.57 | 8.87 | 12.22 |
Company Financials (In ₹Crore)
| Period Ended | Mar-25 | Mar-24 | 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 |
Peer Comparision
Adding soon.Company Overview
Incorporated: December 1988
Business: Manufacturer of power, auto, and inverter-duty transformers.
Products (6 types): Power, inverter-duty, furnace, generator, auto, and special-duty transformers.
Presence: Customers in 19 states & 3 union territories in India; exports to the US, Kuwait, and Oman.
Track Record: Supplied 4,000 transformers (78,000 MVA) to state/national grids, private players, and renewable projects.
Facilities: 3 plants – 2 in Anand (Gujarat), 1 in Bengaluru (Karnataka).
Clients: 208 customers including GETCO, Adani Green Energy, TATA Power, SMS India.
Objects of the Issue :
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company: 79.12 cr
Funding working capital requirements of the Company: 210.00 cr
General Corporate Purposes
Strength
Diversified Product Portfolio – Wide range of transformers tailored to customer-specific requirements.
Strong Order Book & Customer Base – Relationships with state utilities, private players, and renewable sector ensure revenue visibility.
Experienced Management & Skilled Workforce – Significant industry expertise supports execution of large-scale projects.
Weakness
Geographic Concentration Risk – ~97–99% of revenue depends on Gujarat facilities; any disruption in the region could severely impact operations.
Dependence on State Utilities & Government Policies – Utilities contribute 65–83% of revenues; any slowdown in government spending or policy shifts can affect demand.
Tendering Process Dependency – Heavy reliance on government-controlled entities; failure to win tenders may adversely impact revenue and growth.
Atlanta Electricals Lead Manager(s)
Atlanta Electricals Address
Plot No. 1503/4,
GIDC Estate,
Vithal Udyognagar,
Anand, Gujarat, 388121
Phone: +91 6359669331
Email: complianceofficer@aetrafo.com
Website: https://aetrafo.com/
Atlanta Electricals Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083