The shares of Atlanta Electricals Ltd were first listed on the stock exchanges on 29 Sep 2025.
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Initial public offering of up to 9,122,720 equity shares of face value of Rs. 2/- each (Equity Shares) of Atlanta Electricals Limited (Company or Issuer) for cash at a price of Rs. 754 per equity share (including a Share Premium of Rs. 752 per Equity Share) (Offer Price) aggregating up to Rs. 687.34 crores (the Offer) comprising of a fresh issue of up to 5,311,825 equity shares of face value of Rs. 2/- each aggregating up to Rs. 400.00 crores (Fresh Issue) and an offer for sale of up to 3,810,895 equity shares of face value of Rs. 2/- each (Offered Shares) aggregating up to Rs. 287.34 crores comprising up to 435,900 equity shares of face value of Rs. 2/- each by Atlanta UHV Transformers LLP, aggregating up to Rs. 32.87 crores, up to 666,560 equity shares of face value of Rs. 2/- each by Hemang Harendra Shah aggregating up to Rs. 50.26 crores, up to 777,185 equity shares of face value of Rs. 2/- each by Nimish Harendra Shah aggregating to Rs. 58.60 crores, up to 217,500 equity shares of face value of Rs. 2/- each by Dhaval Harshadbhai Mehta (Held Jointly with Avanee Dhavalbhai Mehta) aggregating up to Rs.16.4 crores, up to 326,250 equity shares of face value of Rs. 2/- each by Gitaben Harshadbhai Mehta (Held Jointly with Harshadbhai Amritlal Mehta) aggregating up to Rs. 24.60 crores and up to 1,387,500 equity shares of face value of Rs. 2/- each by Jignesh Suryakant Patel aggregating up to Rs. 104.62 crores (Collectively, Selling Shareholders and such offer for sale of equity shares by the selling shareholders, the Offer for Sale).Price Band: Rs. 754/- for equity share of face value of Rs. 10 each.The floor price is 75.4 times times the face value of the face value of the equity shares.Bids can made for a minimum of 19 equity shares and in multiples of 19equity shares thereafter.A discount of Rs. 70 per equity share is being offered to eligible employees bidding in the employee reservation portion.
The shares of Atlanta Electricals Ltd were first listed on the stock exchanges on 29 Sep 2025.
The total issue size of the Atlanta Electricals Ltd IPO is 687.85
The minimum lot size for Atlanta Electricals Ltd public issue was 19.00 shares.
The price band of the IPO of Atlanta Electricals Ltd was 754.00 to 0.00 per equity shares.
Our Company was incorporated as `Atlanta Electricals Private Limited' as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated December 15, 1988, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, at Ahmedabad (RoC). Upon the conversion of our Company into a public limited company, pursuant to a board resolution dated March 18, 1996, and a shareholders' resolution dated April 2, 1996, the name of our Company was changed to Atlanta Electricals Limited, and a fresh certificate of incorporation dated April 10, 1996, was issued by the RoC. Pursuant to a board resolution dated February 21, 2003, and a shareholders' resolution dated March 17, 2003, our Company was converted into a private limited company and consequently, the name of our Company was changed to Atlanta Electricals Private Limited, and a fresh certificate of incorporation dated March 31, 2003, was issued by the RoC. Subsequently, pursuant to a Board resolution dated November 11, 2024 and a Shareholders' resolution dated November 14, 2024, our Company was converted into a public limited company and consequently, the name of our Company was changed to Atlanta Electricals Limited and a fresh certificate of incorporation dated December 20, 2024 was issued by the RoC.
MUFG Intime India Pvt Ltd is the registrar and share transfer agent of Atlanta Electricals Ltd IPO.