Atlanta Electricals Ltd
Pre Issue Shares
7,15,84,800
No. of Shares Issued
-
Pre Issue Equity Amt.
₹14.32 Cr
DP Filling Date
4 February 2025
Atlanta Electricals Ltd IPO Timeline
Atlanta Electricals Limited was incorporated as Atlanta Electricals Private Limited' as Private Limited Company dated December 15, 1988 with the Registrar of Companies, Gujarat, at Ahmedabad. Upon the conversion of Company into a Public Limited, the name of the Company was changed to 'Atlanta Electricals Limited', and a fresh Certificate of Incorporation dated April 10, 1996, was issued by the ROC. Company was further converted into a Private Limited Company and the name was changed to 'Atlanta Electricals Private Limited' dated March 31, 2003. Subsequently, the status was converted into a Public Limited Company with the name entitled as 'Atlanta Electricals Limited' and a fresh Certificate of Incorporation dated December 20, 2024 was issued by the ROC. The Company is engaged in manufacturing of power, auto and inverter duty transformers. It operate three fully functional manufacturing facilities, two located at Anand, Gujarat and one at Bengaluru, Karnataka. Their fully operational three facilities aggregate to 3,21,451.39 sq. ft. land area with a combined capacity of 16,740 MVA.
Atlanta Electricals Ltd IPO Details
| Atlanta Electricals Ltd IPO Date | - |
| Atlanta Electricals Ltd IPO Face Value | - |
| Atlanta Electricals Ltd IPO Price | - |
| Atlanta Electricals Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Krupeshbhai Narharibhai Patel, Niral Krupeshbhai Patel, Amish Krupeshbhai Patel |
- Strengths
- Risks
- Opportunities
- One of the leading manufacturers of power, auto and inverter duty transformers in India, well-positioned to capture the industry tailwinds.
- Broad and diversified product portfolio with focussed product development tailored to meet the customer requirements.
- Strong order book coupled with well diversified customer base.
- Manufacturing capabilities with focus on quality and high level of regulatory compliance and health and safety measures.
- Experienced management team and qualified personnel with significant industry experience.
- Track record of profitability and consistent financial performance in an industry with significant entry barriers.
Company Financials
Atlanta Electricals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2022 | 435.96 | 597.17 | 17.33 |
| 03-2021 | 354.89 | 393.49 | 5.97 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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
Atlanta Electricals Ltd IPO Prospectus
Atlanta Electricals Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Plot No 1503/4 GIDC EstateVithal Udyognagar,Anand-388121
Phone: +91 63596 69331
Email: complianceofficer@aetrafo.com
Website: www.aetrafo.com
Atlanta Electricals Ltd IPO Registrar
Atlanta Electricals Ltd IPO Lead Manager(s)
- Motilal Oswal Investment Advisors Ltd
- Axis Capital Ltd