Atlanta Electricals Ltd, A Manufacturer of Power, Auto, and Invert-Duty Transformers, Has Raised RS 205 Crore from anchor in investors ahead of its 687-crore iPo opening

Atlanta Electricals Ltd, Manufacturer of Power, Auto and Inverter Duty Transformers, on Friday said it has raised Rs 205 crore from anchor investors, Days before iteal share-sale oopening for Public subscription.

Kotak Mutual Fund (MF), Axis MF, HDFC MF, ICICI PRDENIAL MF and Pinebridge Global Funds are among the anchor investors, according to a circular uploaded on the bse website.

As per the circular, atlanta electricals has allotted 27.15 Lakh Equity Shares to 15 Funds at Rs 754 Apiece, agregating the transaction size to Rs 205 crore.

IPO Price Band Rs 718-754, Company Valued at Rs 5,800 Cr

The company’s Rs 687-crore initial public offering (IPO) Crore at the upper end.

The Gujarat-Based Company’s IPO is a Combination of a Fresh issue of Equity Shares Worth Rs 400 Crore and An Offer for Sale (ofs) of 38.1 Lakh Equity Shares Valued at RS 287 Cro. Price Band, by a promoter and other seling shareholders.

The company proposes to utilize the proseds from the issue for payment of debt, supporting working capital requirements of the company and for general corporate purposes.

Motilal Oswal Investment Advisors and Axis Capital are the Book-Running Lead Manners to the Issue. Atlanta Electricals is expected to make its stock market debut on September 29.

Published on September 20, 2025