Atlanta Electricals IPO GMP: Subscription Status, and Key Details – Apply or Not?
Atlanta Electricals IPO GMP opened on September 22 and will close on September 24, with a total issue size of ₹687.34 crore.

Atlanta Electricals IPO GMP Today

In the grey market, Atlanta Electricals IPO GMP is trending around ₹95. This suggests the shares could list near ₹849, offering a potential listing gain of 12.60% over the upper price band of ₹754. The steady premium reflects investor confidence in the company’s fundamentals and sector outlook.

About Atlanta Electricals Limited

Incorporated in 1988, Atlanta Electricals Limited manufactures power, auto, inverter-duty, furnace, generator, and special-duty transformers. The company has supplied 4,400 transformers totaling 94,000 MVA across 19 states, serving government utilities, private players, and renewable energy projects.

It operates five manufacturing facilities, including two in Anand (Gujarat), one in Bengaluru (Karnataka), and a new unit in Vadodara (Gujarat), which began production in July 2025.

Brokerages’ View – Apply or Not?

Leading brokerages are cautiously optimistic:

  • Anand Rathi: Rated the IPO as Subscribe – Long Term, citing a strong order book, diversified product portfolio, and favorable sector outlook, while noting valuations are on the higher side.

  • Geojit: Also recommended Subscribe (Long Term), highlighting strong fundamentals, capacity expansion, and robust demand in India’s power infrastructure sector.

At the upper price band of ₹754, the stock is valued at a P/E of 49x (FY25 basis), considered premium compared to peers.

Disclaimer

This article is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or subscribe to the IPO. Investors are advised to consult with their financial advisors or certified professionals before making any investment decisions. Market investments are subject to risks, including potential loss of capital.


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