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Atlanta Electricals Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares
  • Face Value Rs. 2
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

We are one of the leading manufacturers of power, auto and inverter duty transformers in India, terms of production volume asof Fiscal 2024 (Source: CRISIL Report). We are also one of the few companies in India, manufacturing transformers up to andincluding 200 Mega Volt-Amp (“MVA”) capacity and with 220 kilovolts (“kV”) voltage (Source: CRISIL Report). Over ashort period, we have witnessed significant growth in terms of revenue from ? 6,256.62 million to ? 8,675.53 million fromFiscal 2022 to Fiscal 2024 at a CAGR of 38.66%.The Indian power sector is poised for significant growth, driven by strong demand from high-growth end markets such as datacentres and EV charging networks (Source: CRISIL Report). As these industries expand, they will place additional pressure ongrid capacity and resiliency, necessitating the deployment of new, modern transformers (Source: CRISIL Report). Furthermore,the Indian Railways’ shift towards high-speed trains has created a surge in demand for transformers operating between 66 kVand 132 kV voltage levels.

Projects

1. Project Name: Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company

Project Cost: 791.2

2. Project Name: Funding working capital requirements of our Company

Project Cost: 2100

Promoters

Prmoters Name

1. Krupeshbhai Narharibhai Patel

2. Niral Krupeshbhai Patel

3. Amish Krupeshbhai Patel

4. Tanmay Surendrabhai Patel

5. Narharibhai S. Patel Family Trust

6. Patel Family Trustee Pvt Ltd.

7. Niral Patel Family Trust

8. Amish Patel Family Trust

9. Tanmay Patel Family Trust

10. Atlanta Uhv Transformers Llp

Prmoters Holdings
  • Pre Share Capital: 67547100
  • Pre Promoter Holding: 94.36
  • Offer to Public:
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Motilal Oswal Investment Advisors Pvt Ltd
  • Axis Capital Ltd.

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