Atlanta Electricals Itemizing At the moment: Atlanta Electricals shares made a notable inventory market debut, itemizing at a 14 per cent premium over the IPO worth, after the difficulty was oversubscribed 70.63 instances within the main market. The Rs 687.34-crore IPO was open for subscription between September 22-24.
On the NSE, shares have been listed at Rs 857 every, up 13.66 per cent from the difficulty worth. The IPO worth band had been set at Rs 718-754 per share. In the meantime, on the BSE, shares listed at Rs 858.10, a premium of 13.81 per cent, taking the corporate’s post-listing market capitalization to Rs 6,598.50 crore.
The itemizing got here barely beneath expectations set by market analyst Anil Singhvi, who had projected the inventory to debut within the Rs 860–875 vary and really useful a stop-loss of Rs 825 for traders, citing the sturdy subscription response.
Add Zee Enterprise as a Most well-liked Supply
The three-day IPO recorded an general subscription of 72.16 instances. The portion reserved for Certified Institutional Patrons (QIBs), excluding anchor traders, was subscribed 194 instances, whereas non-institutional traders subscribed 56 instances. Retail traders contributed to an 11x subscription. Shares have been supplied in a worth band of Rs 718–Rs 754 per share, with eligible staff receiving a reduction of Rs 70 per share. Every share carries a face worth of Rs 2.
Buying and selling Schedule
As per BSE and NSE, the shares might be obtainable for buying and selling in a particular pre-open session from 10:00 IST. IPO allotment was finalised on September 25, and demat accounts of profitable candidates have been credited on September 26. Unallotted shares have been returned on the identical day.
Buying and selling members have been notified that Atlanta Electricals’ shares might be listed within the ‘B’ Group of Securities.
Atlanta Electricals: Firm Overview
Atlanta Electricals is amongst India’s largest producers of energy, auto, and inverter obligation transformers by manufacturing quantity as of FY2025. The IPO’s sturdy subscription throughout investor classes signifies appreciable market curiosity forward of the debut.
