Atlanta Electricals IPO: Key Details, Financial Analysis, and How to Apply
Atlanta Electricals IPO: Key Details, Financial Analysis, and How to Apply
The Atlanta Electricals IPO is gaining attention as investors look forward to details surrounding this significant offering. This article compiles essential information regarding the Atlanta Electricals IPO, including its financial highlights, strengths, risks, and how you can participate in this offering.
Company Overview
Established in 1988, Atlanta Electricals Ltd. is recognized as one of India’s foremost manufacturers of power, auto, and inverter-duty transformers. The company specializes in providing high-quality electrical solutions that cater to a diverse clientele, including state electricity boards and various industrial sectors. Fueled by over three decades of expertise, Atlanta has established a strong market presence driven by a commitment to quality and innovation.
IPO Details
- IPO Type: Mainline IPO
- Issue Size: ₹687 crore (Fresh issue + Offer for Sale)
- Price Band: ₹718 – ₹754 per share
- Lot Size: 19 shares
- GMP (Grey Market Premium): ₹125
- Expected Open Date: September 22, 2025
- Expected Close Date: September 24, 2025
- Listing Date: September 29, 2025
IPO Objectives
The primary objectives behind the Atlanta Electricals IPO are:
- Fund expansion projects to enhance production capabilities.
- Debt repayment to stabilize the financial structure.
Pre-IPO Placements and Major Investors
Details about pre-IPO placements and major investors are still under review. However, given the significant nature of the offering, notable institutional investors are expected to participate.
Financial Highlights
- FY23 Revenue: ₹872 crore
- FY24 Revenue: ₹1244 crore (a 43% increase YoY)
- Profit After Tax (PAT) Growth: 87% year-on-year for FY25 in comparison with FY24
- Return on Equity (ROE): Adjusted significantly due to strong profit margins.
Peer Comparison
When compared with industry peers, Atlanta Electricals holds a promising position:
- PE Ratio: 48.8x
- Market Cap: Still to be determined post-IPO.
- ROE: Outperforming peers, fueled by strong profitability.
Strengths
- Strong financial growth pattern.
- Diverse product portfolio catering to multiple applications.
- Established reputation among major electricity boards and industries.
Risks
- Debt-heavy financial structure can affect agility.
- Potential dependency on key clientele for revenue.
- Market competition that could pressure margins.
Expert Verdict
The Atlanta Electricals IPO carries potential for long-term gains, primarily given its performance metrics and industry position. Cautious investors may consider the risks involved before making a decision.
Subscription Status
Expected to be highly subscribed based on interest levels. Here’s how the subscription was projected:
- QIB: High interest expected
- NII: Moderate interest
- Retail: Anticipated robust participation
Allotment & Listing Timeline
- Allotment Date: September 25, 2025
- Stock Credit to Demat: September 27, 2025
- Listing Date: September 29, 2025
FAQs
- What is the minimum investment? The minimum investment for retail investors is ₹14,326.
- How can I apply for the Atlanta Electricals IPO? You can apply through ASBA via your bank or using online brokerage services.
- Where can I check the allotment status? The allotment can be checked on the official BSE/NSE website or through your brokerage.
How to Apply
To apply for the Atlanta Electricals IPO, utilize the following methods:
- Through ASBA in your bank account.
- Via application on online brokerage platforms.
- Using UPI for quick payments.
For detailed steps, check here.