anubhai
Back Office| Atlanta Electricals Ltd |
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| Registered Office: Plot No 1503/4 GIDC Estate, Vithal Udyognagar, Anand - 388121, Gujarat |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 22-Sep-2025 | 24-Sep-2025 | 754.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 374.16 |
| Project Financed through Current Offer | 687.85 |
| Post Issue Equity Share Capital | 15.38 |
| Issue Price | 754.00 |
| Projects |
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| Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the company |
| Funding working capital requirements of the comapny |
| General corporate purposes |
| Promoted By |
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| Krupeshbhai Narharibhai Patel |
| Niral Krupeshbhai Patel |
| Amish Krupeshbhai Patel |
| BSE |
| NSE |
| Registrar to the Issue |
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