
Atlanta Electricals Ltd IPO
BSELot: 19Capital Goods - Electrical Equipment
About Atlanta Electricals Ltd
Atlanta Electricals Ltd is launching an IPO to raise capital for expansion and working capital requirements. The company operates in the electrical components and solutions sector, focusing on manufacturing and distribution.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 194.77x | 1.48x | 1.00x |
| NII | 55.82x | 5.72x | 1.03x |
| Retail | 10.76x | 3.04x | 0.99x |
| Total | 72.16x | 3.15x | 1.00x |
Risk Factors
Promoters & Management
The key management team of Atlanta Electricals Limited includes: Niral Krupeshbhai Patel, Chairman and Managing Director, who has over 22 years of experience in the transformer manufacturing industry. Krupeshbhai Narharibhai Patel, Whole-time Director, who has over 23 years of experience in the transformer manufacturing industry. Amish Krupeshbhai Patel, Whole-time Director, who has 17 years of combined experience in real estate, investment and acquisitions. Tanmay Surendrabhai Patel, Whole-time Director, who has over 22 years of expertise in the transformers, electrical and manufacturing sectors. Akshaykumar Banshilal Mathur, chief executive officer, who has over 12 years of work experience in the field of management. Mehul Sureshbhai Mehta, Chief Financial Officer, who has around 19 years of work experience in the field of finance. Tejalben Saunakkumar Panchal, Company Secretary and Compliance Officer, who has around 7 years of work experience. Anand Sharma, chief operating officer, who has around 22 years of work experience in the fields of projects, strategic sourcing and sales. Minesh Bhatt, vice president – design, who has 23 years of experience in the field of engineering.