Atlanta Electricals IPO: Transformer Manufacturer’s Public Issue Booked 70x - Know How To Check Allotment

Atlanta Electricals IPO Allotment: Atlanta Electricals IPO bidding window closed on September 24. The transformer manufacturer’s public issue witnessed strong demand in the three-day bidding window as it was booked over 70 times across categories. The share allotment status of Atlanta Electricals IPO will be finalised today on September 25.

Atlanta Electricals IPO GMP

Atlanta Electricals shares are commanding a grey market premium (GMP) ranging between Rs 116 and Rs 136 per share as per websites which track the demand for unlisted shares in the grey market. The GMP of Atlanta Electricals unlisted shares hints at a D-street debut with strong gains of over 18 per cent at Rs 890 apiece.

Atlanta Electricals IPO Allotment

Primary market investors who have applied for shares of Atlanta Electricals can check the share allotment status of their application on the registrar MUFG Intime India Pvt Ltd website. Atlanta Electrical IPO share allotment status can also be checked on the BSE and NSE websites:

How To View Atlanta Electricals IPO Allotment On NSE

• Head to the NSE website via this link

• https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Select ‘Equity IPO bid details’

• Opt for 'Atlanta Electricals' from the list of IPOs

• Type in your IPO application number

• Click the 'submit' button

• The allotment status of your application for Atlanta Electricals IPO will be shown

How To Check Atlanta Electricals IPO Allotment Status On BSE Website

• Go to the BSE website’s IPO application status viewing webpage

• https://bseindia.com/investors/appli_check.aspx.

• A menu showing various issue types will be shown on screen

• Choose ‘Equity’ from the menu shown on screen

• Select 'Atlanta Electricals' from list of IPOs

• Type in your IPO application number or PAN details

• Select 'Search'

• The share allotment status will be shown on screen

How to View Atlanta Electricals IPO Share Allocation Status On MUFG Intime India

• Visit the official MUFG Intime India public issues website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

• Click on the "Please select company" dropdown menu

• Choose ‘Atlanta Electricals IPO’

• Pick any of the options displayed to identify yourself:

• PAN (Permanent Account Number), Application Number, DP/Client ID (Depository Participant)

• Type in the corresponding details in the box below your selection.

• Click the "Submit" button to see your allotment status.

Atlanta Electricals IPO Subscription Details

Atlanta Electricals IPO was booked 70.63 times on September 24. Cumulatively investors applied for over 461.78 million shares against the 6.53 million shares offered for subscription.

Atlanta Electricals IPO’s retail portion was subscribed 10.42 times as investors placed bids for over 33.95 million shares against the 3.25 million shares set aside for the category.

Non-Institutional Investors (NIIs) applied for over 75.71 million shares of Atlanta Electricals compared to the 1.39 million offered for subscription for the category, leading to the mainboard issue being booked 54.2 times.

The Qualified institutional buyers (QIBs) oversubscribed their quota in the Atlanta Electricals IPO 194.92 times. QIBs investors placed bids for over 351.8 million shares compared to the 1.8 million shares reserved for them.

Atlanta Electricals IPO Details

Atlanta Electricals IPO is worth Rs 687.34 crore and consists of a fresh issuance of 5.3 million shares along with an offer-for-sale of 3.8 million shares. Atlanta Electricals IPO price band was fixed at Rs 718 to Rs 754 per share. The minimum lot size for retail individual investors interested in applying for Atlanta Electricals IPO was fixed at 1 lot or 19 shares aggregating to an investment of Rs 14,326.

Atlanta Electricals IPO Listing date

Once the basis of allotment for Atlanta Electricals IPO is finalised on September 25, refunds will be initiated for unsuccessful bidders on September 26. Successful allottees will receive shares of the transformer manufacturer in their demat accounts on September 26. Shares of Atlanta Electricals will debut on the NSE and BSE. Atlanta Electricals shares will make their Dalal Street debut on September 29.