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Atlanta Electricals IPO Set to Open on September 22: Check Key Dates, Funds Usage and More

Written by: Sachin GuptaUpdated on: 19 Sept 2025, 3:13 pm IST
Atlanta Electricals IPO comprises a fresh issue of ₹400 crore, and an Offer for Sale (OFS) of ₹287.34 crore.
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Atlanta Electricals Limited is launching its Initial Public Offering (IPO) through a book-built issue amounting to ₹687.34 crore. The offering comprises a fresh issue of approximately 0.53 crore equity shares, raising ₹400 crore, and an Offer for Sale (OFS) of around 0.38 crore shares, aggregating ₹287.34 crore.

IPO Timeline and Listing Details

  • Subscription Window: September 22 to September 24, 2025
  • Allotment Finalisation Date: September 25, 2025
  • Proposed Listing Date: September 29, 2025
  • Stock Exchanges: BSE and NSE
  • Price Band: ₹718 to ₹754 per share
  • Lot Size: 19 shares per lot
  • Minimum Investment (Retail): ₹14,326

Utilisation of IPO Proceeds

The net proceeds from the fresh issue will be directed towards specific strategic and operational objectives. Approximately ₹79.12 crore will be used to repay or prepay certain outstanding borrowings, helping the company strengthen its balance sheet and reduce interest costs.

An additional ₹210 crore will be allocated to meet the company’s working capital requirements, ensuring smoother day-to-day operations and support for future growth. The remaining funds will be utilised for general corporate purposes, including potential investments and business expansion.

About Atlanta Electricals Ltd.

Incorporated in 1988, Atlanta Electricals Limited is a leading manufacturer of a diverse range of transformers, including power, auto, and inverter-duty transformers. Over the years, the company has established itself as a trusted name in the power equipment sector.

As of March 31, 2025, the company’s product portfolio comprises six main transformer categories: power transformers, inverter-duty transformers, furnace transformers, generator transformers, auto transformers, and special-duty transformers. These products cater to a wide customer base that includes state electricity boards, national grids, private enterprises, and renewable energy projects.

Also Read: Hero Motors IPO: Key Details, Financials, and Why This ₹1,200 Crore Issue Matters

Atlanta Electricals serves clients across 19 states and 3 union territories in India. It has supplied over 4,400 transformers, amounting to a cumulative capacity of 94,000 MVA. This extensive distribution highlights the company’s significant contribution to India’s energy infrastructure.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 19, 2025, 9:41 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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