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Atlanta Electricals closed the subscription window for its initial public offering (IPO) on September 24, with the issue subscribed 70.63 times, according to the provisional exchange data. The basis of allotment is expected to be finalised today, September 25, after which successful bidders can expect the shares to be credited to their respective demat accounts.

Investors who have applied for the Atlanta Electricals IPO can check their allotment status on the websites of BSE, NSE, or the issue registrar, MUFG Intime India.

Here's how you can check your allotment status step-by-step:

Add Zee Business as a Preferred Source

1) Visit the BSE website

2) Select 'Equity'

3) Choose Atlanta Electricals Limited

4) Enter your PAN and application number

5) Click Search

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1) Go to the NSE website

2) Select 'Verify IPO Bids'

3) Choose Atlanta Electricals Limited

4) Enter your application number and PAN

5) Click Search

1) Visit the MUFG Intime India website

2) Select Atlanta Electricals Limited

3) Enter your PAN or application number

4) Click Search

Investors bid for around 46.13 crore shares against the 65.38 lakh shares on offer. Qualified Institutional Buyers (QIBs) subscribed 194.92 times, Non-Institutional Investors (NIIs) subscribed 54.20 times, and the Retail Individual investors (RIIs) subscribed 10.39 times.

In simpler terms, QIBs bid for 35.18 crore shares against the allotted 18.05 lakh shares, NIIs have bid for 7.57 crore shares against the 13.96 lakh shares reserved, and RIIs have bid for 3.38 crore shares against the reserved portion of 32.59 lakh shares.

The IPO is a book-built issue of Rs 687.34 crore, comprising a fresh issue of Rs 400 crore and an offer-for-sale (OFS) of Rs 287.34 crore worth of equity shares from existing shareholders.

Price band: Rs 718 to Rs 754 apiece

Subscription period: September 22, 2025, to September 24, 2025

Lot size: Minimum bid of 19 shares, amounting to Rs 14,326 at the upper price band

Listing date: September 29, 2025, on BSE and NSE

Atlanta Electricals Limited is a Gujarat-based company established in 1998. The company is engaged in the manufacturing of transformers for the power sector.

Financially, for the period ending March 2025, the company reported revenue increasing to Rs 1,250.49 crore and Profit After Tax (PAT) rising to Rs 118.65 crore, compared to FY23's Rs 876.66 crore revenue and Rs 87.54 crore PAT. EBITDA rose from Rs 143.12 crore in FY23 to Rs 199.88 crore in FY25.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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