• Price band fixed at ₹718 to ₹ 754 per Equity Share of face value of ₹2 each (“Equity Share”)
• Bid Offer will open on Monday, September 22, 2025 and close on Wednesday, September 24, 2025 (“Bid Dates”). The Anchor Investor Bid / Offer Period shall be Friday, September 19, 2025.
• Bids can be made for a minimum of 19 Equity Shares and in multiples of 19 Equity Shares thereafter. (“No of Bids”)
• RHP Link: https://www.motilaloswalgroup.com/Docsvirdir/1222021330Atlanta%20Electricals%20Limited_RHP.pdf
Mumbai 17 th September 2025 ( TGN ) : Atlanta Electricals Limited (“Atlanta” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Monday, September 22, 2025.
The total offer size of equity shares with face value ₹ 2 each aggregating up to ₹ 6,873 million [₹ 687 crore] (“Total Offer Size”) comprises of fresh issue of equity shares aggregating up to ₹ 4,000 million [₹ 400 crore] and Offer for sale of equity share aggregating up to ₹2,873 million [₹ 287 crore].
The price band for the Offer is at ₹ 718 to ₹ 754 per Equity Share. (“The Price Band”).
The Anchor Investor Bidding Date shall be Friday, September 19, 2025. The Bid/Offer will close on Wednesday, September 24, 2025. Bids can be made for a minimum of 19 Equity Shares and in multiples of 19 Equity Shares thereafter. (“Bid Details”)
The Company proposes to utilize the net proceeds from the fresh issue towards: (i) Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company estimated to be ₹791.2 million [₹ 79 crore], (ii) Funding working capital requirements of the Company estimated to be ₹2,100 million [₹ 210 crore] and balance towards (iii) General corporate purposes. (“Objects of the Offer”)
Motilal Oswal Investment Advisors Limited & Axis Capital Limited are the book running lead managers to the Offer (The “BRLMs”).
