Atlanta Electricals Ltd. has announced public offering of 9115935 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 752.00 per share. The gross proceeds of the issue are expected to be Rs 68,734.15 lakhs.
The company's initial public offer (IPO) will open on 22 September 2025 and is expected to close on 24 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 718.00-754.00 per share.
The IPO includes a fresh Issue of 9115935 Equity Shares of the Company at an price of Rs 754.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 19 shares with bids in multiples of 19.
Atlanta Electricals Ltd. anticipates using the proceeds of the issue for .
Motilal Oswal Investment Advisors Limited,Axis Capital Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.