Atlanta Electricals, a leading manufacturer of power, auto, and inverter-duty transformers, made a positive debut on the Indian stock exchanges on Monday, September 29, 2025. Atlanta Electricals shares listed at ₹858.10 on the Bombay Stock Exchange (BSE), reflecting a premium of ₹104.10 per share or 13.81% over the IPO price of ₹754. On the National Stock Exchange (NSE), shares began trading at ₹857 per share, showing a slightly lower premium of 13.66%.
Atlanta Electricals IPO Performance
Atlanta Electricals IPO witnessed strong investor demand, closing with a total subscription of 70.63 times. The offering consisted of a fresh issue of 5.3 million shares worth ₹287.34 crore, along with an offer-for-sale (OFS) of 3.8 million shares valued at ₹287.34 crore by promoters and existing shareholders. The OFS proceeds will be distributed to the selling shareholders after applicable expenses and taxes, while the company will utilise the fresh issue proceeds for repayment of outstanding borrowings, funding working capital requirements, and general corporate purposes.
IPO Details
The IPO was offered at a price band of ₹718–₹754 per share, with a lot size of 98 shares. The strong subscription figures indicate healthy investor confidence in Atlanta Electricals’ business model and growth prospects.
About Atlanta Electricals
With over three decades of experience, Atlanta Electricals specialises in manufacturing a wide range of transformers, including power transformers, inverter-duty transformers, furnace transformers, generator transformers, and special-duty transformers. The company operates five manufacturing facilities across Gujarat and Karnataka, with a combined installed capacity of 63,060 MVA. Its capabilities extend to handling transformers up to 500 MVA and 765 kV, serving diverse industrial and power sector clients.
Market Outlook and Conclusion
Atlanta Electricals’ IPO listing at a 14% premium reflects the market’s confidence in the company’s established operations and product portfolio. With a clear strategy to utilise fresh funds for debt repayment and working capital, the company is well-positioned to maintain steady growth and operational efficiency in the transformer manufacturing sector.
The IPO offers investors exposure to a seasoned electrical equipment manufacturer with robust manufacturing capabilities, a diversified product range, and a strong track record spanning over 30 years.
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