Sharescart Research Club logo
Apollo Green 72 (28.6%)ASK Investment 895 (-3.2%)AVPL 49 (0%)Bootes Impex 775 (-8.8%)CIAL 442 (-0.5%)CSK 254 (-3.1%)ESDS Software 478 (2.8%)Garuda Aerospace 468 (-2.1%)Goodluck Defence 385 (16%)Hero Motors 325 (0%)Hinduja Leyland 248 (0%)ICL Fincorp 25 (0%)Incred Holdings 154 (2.7%)Kineco Limited 3285 (0%)Lava 60 (15.4%)Market Simplified 26 (-7.1%)Matrix Gas 12 (-20%)Motilal Oswal 12.25 (-2%)MSEI 6.35 (-2.3%)NCDEX 368 (-1.6%)NSE 1985 (-2%)Onix Renewable 68 (21.4%)OYO 23 (-4.2%)OYO Assets 9.25 (-7%)Philips India 1250 (0%)Polymatech Electronics 56 (-3.4%)SBI Mutual 768 (-0.9%)Taparia Tools 6050 (0%)VCI Chemical 64 (0%)Zepto 40 (-4.8%)

15 Days Price Change

Atlanta Electricals IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size 493 Cr
Profile
Price Range 718  to  754 per share
Profile
Min Investment ₹754
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

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. Read More

Basic Info

Face Value 2 per share

Price 718  to  754 per share

P/E (x) 45.4

Sales( Cr.) 1244

PAT( Cr.) 119

EPS 16.6

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Krupeshbhai Narharibhai Patel Niral Krupeshbhai Patel Amish Krupeshbhai Patel Tanmay Surendrabhai Patel Narharibhai S. Patel Family Trust Patel Family Trustee Pvt Ltd. Niral Patel Family Trust Amish Patel Family Trust Tanmay Patel Family Trust Atlanta Uhv Transformers Llp

Pre Issue Share Holding 94.36%

Post Issue Share Holding 87.27%

Listing Details:

Listing Price: 858.1

Listing Gain: 12.13%

Current Price: 1971.9

Gain On Issue: 1971.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 22, 2025
Closing Date Sep 24, 2025
Allotment Sep 25, 2025
Refund Sep 26, 2025
Delivery of Shares Sep 26, 2025
Listing Date Sep 29, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 19 14,326
Retail (Max) 13 247 186,238
S-HNI (Min) 14 266 200,564
S-HNI (Max) 69 1311 988,494
B-HNI (Min) 70 1330 1,002,820

Objective of the Issue

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company 2. Funding working capital requirements of our Company 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 1805134 351858587 194.9x
NII 1396844 75715912 54.2x
Retail 3259301 33959707 10.4x
EMP 77160 253536 3.3x
Total 6538439 461787742 70.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Atlanta Electricals Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 391 626 874 868 1244
Other Income 2 2 3 4 6
Total Income 393 628 877 872 1250
Total Expenditure 359 538 734 749 1051
Operating Profit 34 89 143 123 200
Interest 22 22 28 30 34
Depreciation 3 5 5 6 6
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 9 63 110 87 159
Provision for Tax 3 8 23 24 41
Profit After Tax 6 55 88 63 119
Adjustments 1 0 -0 0 0
Profit After Adjustments 7 55 87 64 119
Adjusted Earnings Per Share 1 7.7 12.2 8.9 16.6

Atlanta Electricals Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 87 78 165 228 350
Minority's Interest 0 0 0 0 0
Borrowings 15 10 7 4 93
Other Non-Current Liabilities 3 5 3 3 6
Total Current Liabilities 250 322 386 324 417
Total Liabilities 355 415 561 559 866
Fixed Assets 47 48 47 65 76
Other Non-Current Assets 4 9 22 26 134
Total Current Assets 303 357 492 468 656
Total Assets 355 415 561 559 866

Atlanta Electricals Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 0 3 0
Cash Flow from Operating Activities 29 1 52 88 84
Cash Flow from Investing Activities -14 2 -18 -36 -141
Cash Flow from Financing Activities -15 -3 -31 -56 57
Net Cash Inflow / Outflow -0 -0 3 -3 0
Closing Cash & Cash Equivalent 0 0 3 0 0

Atlanta Electricals Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.98 7.73 12.22 8.87 16.57
CEPS(Rs) 1.32 8.4 12.94 9.67 17.46
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 12.11 10.85 23.03 31.92 48.88
Core EBITDA Margin(%) 8.13 13.96 16.06 13.68 15.56
EBIT Margin(%) 7.82 13.5 15.79 13.52 15.56
Pre Tax Margin(%) 2.29 10.06 12.64 10.06 12.81
PAT Margin (%) 1.52 8.83 10.02 7.3 9.54
Cash Profit Margin (%) 2.41 9.61 10.6 7.98 10.04
ROA(%) 1.68 14.37 17.95 11.31 16.65
ROE(%) 6.88 67.23 72.17 32.22 41.03
ROCE(%) 21.39 56.97 70.49 45.55 50.41
Receivable days 180.6 114.67 95.99 92.54 77.96
Inventory Days 66.47 56.47 64.59 89.57 66.59
Payable days 231.98 167.13 146.96 148.73 109.23
PER(x) 0 0 0 0 0
Price/Book(x) 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.11 0.11 0.06 0.04 0.07
EV/Core EBITDA(x) 1.24 0.8 0.37 0.26 0.45
Net Sales Growth(%) 0 59.92 39.67 -0.72 43.41
EBIT Growth(%) 0 176.09 63.35 -15.01 65.03
PAT Growth(%) 0 826.13 58.43 -27.62 87.25
EPS Growth(%) 0 691.13 58.17 -27.38 86.79
Debt/Equity(x) 0.65 0.98 0.44 0.21 0.4
Current Ratio(x) 1.21 1.11 1.27 1.45 1.57
Quick Ratio(x) 0.93 0.73 0.79 0.71 1.06
Interest Cover(x) 1.42 3.92 5.01 3.91 5.65
Total Debt/Mcap(x) 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 43% 26% 0% 0%
Operating Profit CAGR 63% 31% 0% 0%
PAT CAGR 89% 29% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 41% 48% 44% 44%
ROCE Average 50% 55% 49% 49%

Company Contact Information

Atlanta Electricals Ltd.

Tejalben Saunakkumar Panchal

91 63596 69331

complianceofficer@aetrafo.com

Plot No. 1503/1504 G I D C Estate Vithal Udyognagar

IPO Lead Manager(s)

Atlanta Electricals Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

Axis Capital Ltd.

Registrar Info

Atlanta Electricals Ltd.

MUFG Intime India Pvt Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Mumbai City Maharashtra 400083

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp