Atlanta Electricals IPO
Atlanta Electricals Limited (ATLANTAELE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 29 September 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +38.6% (likely range +34% to +73%), day's high +45.2%, chance of a gain 92%. Actual: +13.7% at the open, +14.7% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 18,05,134 | 35,18,58,587 | 195x | |
| NII (HNI) total | 13,96,844 | 7,57,15,912 | 54.2x | |
| Big NII (above ₹10 lakh) | 9,31,230 | 5,26,70,755 | 56.6x | |
| Small NII (₹2-10 lakh) | 4,65,614 | 2,30,45,157 | 49.5x | |
| Retail | 32,59,301 | 3,39,59,707 | 10.4x | |
| Employees | 77,160 | 2,53,536 | 3.29x | |
| Total | 65,38,439 | 46,17,87,742 | 70.6x |
Bids on NSE and BSE together, as published by NSE, as of 24 Sep 2025, 07:00 PM. Shares offered exclude the anchor portion. 6% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Atlanta Electricals's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| SBFC FinanceAug 2023 | 193x | 49.1x | 11.0x | 70.2x | ₹1,082 Cr | +43.9% | +67.5% |
| IKIO LightingJun 2023 | 164x | 63.4x | 13.9x | 66.3x | ₹615 Cr | +37.7% | +50.0% |
| Rashi PeripheralsFeb 2024 | 144x | 62.8x | 10.4x | 59.7x | ₹633 Cr | +9.2% | +10.2% |
| Bansal Wire IndustriesJul 2024 | 146x | 51.5x | 13.6x | 59.6x | ₹785 Cr | +39.1% | +45.3% |
| Happy ForgingDec 2023 | 220x | 62.2x | 15.1x | 82.0x | ₹1,006 Cr | +17.6% | +27.9% |
| Senco GoldJul 2023 | 181x | 65.0x | 15.5x | 73.4x | ₹427 Cr | +35.6% | +40.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| Axis Capital | 107 | +20.4% | 73% |
Offer documents (NSE)
Frequently asked
What is the Atlanta Electricals IPO price band and lot size? ₹718–754 per share, with a lot of 19 shares, so the smallest retail bid is ₹14,326.
How many times has it been subscribed? 70.6x overall: QIB 195x, NII 54.2x, retail 10.4x, employees 3.29x.
How did it list? It opened at ₹857, +13.7% against the issue price of ₹754, and closed its first day +9.2%.
