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Atlanta Electricals IPO Day 2_ GMP, Status, and Key Details

Atlanta Electricals IPO GMP opened on September 22 and will close on September 24, with a total issue size of u20b9687.34 crore. The company has drawn strong interest from institutional as well as retail investors, and the issue is scheduled to list on the NSE and BSE on September 29, 2025.

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Atlanta Electricals IPO Day 2_ GMP, Status, and Key Details

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  1. AtlantaElectricalsIPOGMP:Subscription Status,andKeyDetails–ApplyorNot? • AtlantaElectricalsIPOGMPopenedonSeptember22andwillcloseonSeptember24,withatotalissuesizeof₹687.34crore.Thecompanyhasdrawnstronginterestfrominstitutionalas wellasretailinvestors,andtheissueisscheduledtolistontheNSEandBSEonSeptember 29,2025. • AtlantaElectricalsIPOSubscriptionStatus(Day1) • BytheendofDay1,theIPOwasfullysubscribed: • OverallSubscription: 1.00x • Retail Investors: 0.99x • Non-InstitutionalInvestors(NII):1.03x • QualifiedInstitutionalBuyers(QIBs):1.00x • EmployeePortion:0.59x • Theissuereceivedbidsfor64lakhsharesagainst64lakhsharesonoffer,indicatingbalanced demandacrosscategories. • AtlantaElectricalsIPOGMPToday • Inthegreymarket,AtlantaElectricalsIPOGMPistrendingaround₹95.Thissuggeststhe sharescouldlistnear₹849,offeringapotentiallistinggainof12.60%overtheupperpriceband of₹754.Thesteadypremiumreflectsinvestorconfidenceinthecompany’sfundamentalsand sectoroutlook. • IssueStructure • TheIPOconsistsof: • FreshIssue:0.53croresharesworth₹400crore • OfferforSale(OFS):0.38croresharesworth₹287.34crore • Forretailinvestors,theminimumbidlotis19shares,requiringaninvestmentof₹14,326at theupperpriceband.ThebasisofallotmentwillbefinalizedonSeptember25,2025. • AboutAtlantaElectricalsLimited

  2. Incorporatedin1988,AtlantaElectricalsLimitedmanufacturespower,auto,inverter-duty,furnace,generator,andspecial-dutytransformers.Thecompanyhassupplied4,400transformerstotaling94,000MVAacross19states,servinggovernmentutilities,privateplayers, andrenewableenergyprojects. • Itoperatesfivemanufacturingfacilities,includingtwoinAnand(Gujarat),oneinBengaluru (Karnataka),andanewunitin Vadodara(Gujarat),whichbeganproductioninJuly2025. • Brokerages’View–ApplyorNot? • Leadingbrokerages are cautiouslyoptimistic: • AnandRathi:RatedtheIPOasSubscribe–LongTerm,citingastrongorderbook, diversifiedproductportfolio,andfavorablesectoroutlook,whilenotingvaluationsare on thehigherside. • Geojit:AlsorecommendedSubscribe(Long Term), highlightingstrongfundamentals, capacityexpansion,androbustdemandinIndia’spowerinfrastructuresector. • Attheupperpricebandof₹754,thestockisvaluedataP/Eof49x(FY25basis),considered premiumcomparedtopeers. • Conclusion–ShouldYouApply? • WithasteadyGMPof₹95,strongsubscriptiononDay1,andpositiveanalystratings,AtlantaElectricalsIPOGMPappearsattractiveforlong-terminvestorsbettingonIndia’spower infrastructuregrowth.However,giventherichvaluation,conservativeinvestorsmaypreferto waitforthelistingbeforeentering. • Disclaimer • Thisarticleisforinformationalpurposesonlyanddoesnotconstitutefinancialadviceora recommendationtobuy,sell,orsubscribetotheIPO.Investorsareadvisedtoconsultwiththeir financialadvisorsorcertifiedprofessionalsbeforemakinganyinvestmentdecisions.Market investmentsaresubjecttorisks,includingpotentiallossofcapital.

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