Atlanta Electricals IPO Day 2: Check GMP, Subscription Status & Key Highlights
The Initial Public Offering of Atlanta Electricals Limited moves into its second day of subscription today. On day 1, the IPO received a total subscription of 0.97 times. The bidding window is scheduled to close on September 24, 2025.
Atlanta Electricals IPO: Issue Details
The Atlanta Electricals IPO is a book-building issue of ₹687.34 crore, consisting of a fresh issue of ₹400 crore and an offer for sale (OFS) of ₹287.34 crore worth of shares.
The price band is set between ₹718 and ₹754 per share. The basis of allotment will be finalised by September 25, 2025, and the tentative listing date on NSE and BSE is September 29, 2025.
The book-running lead managers for the IPO are Motilal Oswal Investment Advisors Limited and Axis Capital Limited, while MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) is the registrar for the issue.
Atlanta Electricals IPO Day 2 Subscription Status
[23-September-2025 12:54:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.45 |
|
Non-Institutional Investors |
2.79 |
|
Retail Individual Investors (RIIs) |
1.87 |
|
Employees |
0.95 |
|
Total |
1.94 |
Atlanta Electricals IPO Day 1 Subscription Status
[22-September-2025 17:00:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.00 |
|
Non-Institutional Investors |
1.00 |
|
Retail Individual Investors (RIIs) |
0.95 |
|
Employees |
0.55 |
|
Total |
0.97 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to fund the following objectives:
- Funding working capital requirements
- Repay/prepay the company’s outstanding debt
- General corporate purposes.
Atlanta Electricals IPO GMP Details
As of 23 September 2025, Atlanta Electricals PO's GMP stood at ₹110. The estimated listing price is ₹864, i.e., a 14.59% gain per share over the upper price band.
|
Source: Business Standard Report dated 23 September, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Atlanta Electricals Business Overview
Atlanta Electricals stands among India’s prominent manufacturers of power, auto, and inverter-duty transformers. The company is a part of a select group of domestic companies capable of producing transformers with ratings of up to 200 MVA and voltage levels reaching 220 kV.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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