Atlanta Electricals IPO Day 3: Check GMP, Subscription Status & Key Highlights
The public subscription window for the ₹687.34 crore Atlanta Electricals IPO will conclude today, 24 September 2025. As of 10:39 AM on Day 3, the IPO has garnered a subscription response of 4.45 times.
Atlanta Electricals IPO: Issue Details
- Issue Size: 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
- Price Band: The price band is set between ₹718 and ₹754 per share.
- Book-running lead managers: Motilal Oswal Investment Advisors Limited and Axis Capital Limited
- Registrar: MUFG Intime India Private Limited
- Listing: The shares are proposed to be listed on the NSE and the BSE on September 29.
Atlanta Electricals IPO Day 3: Subscription Details
[24-September-2025 10:42:00]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.49 |
|
Non-Institutional Investors |
9.78 |
|
Retail Individual Investors (RIIs) |
4.01 |
|
Employees |
1.81 |
|
Total |
4.52 |
Utilisation of IPO Proceeds
The company aims to use the net proceeds from the fresh issue towards the following objectives.
- Repay/prepay company’s outstanding borrowings
- Funding working capital requirements
- General corporate purposes.
Atlanta Electricals IPO GMP Details
As of 24 September 2025, Atlanta Electricals' IPO GMP stood at ₹135. The estimated listing price is ₹889, i.e., a 17.90% gain per share over the upper price band.
Source: Business Standard Report dated 24 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. |
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