Atlanta Electricals Ltd Logo

Atlanta Electricals Ltd IPO

BSELot: 19

LISTEDMAINBOARD
Issue Price754
Listing857
Current808
Price Band
718 - ₹754
Lot Size
19
Issue Size
₹687.85 Cr
GMP
0
Subscription
1.00x

IPO Schedule

1
Open
22 Sept
2
Close
24 Sept
3
Allotment
25 Sept
4
Listing
29 Sept

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

QIB
1.00x
NII
1.03x
Retail
0.99x
CategoryDay 3Day 2Day 1
QIB194.77x1.48x1.00x
NII55.82x5.72x1.03x
Retail10.76x3.04x0.99x
Total72.16x3.15x1.00x

Risk Factors

High P/E ratio of 46.33 suggests the IPO is aggressively priced.
Dependence on key suppliers or customers could impact profitability.
Fluctuations in raw material prices may affect margins.
Competition from existing players in the electrical components market.

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.