On the very first day, this IPO filled in the gray market, you should invest money or not?

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Last update:September 22, 2025, 17:39

Atlanta Electricals IPO: Atlanta Electrical IPO has a price band 718 to Rs 754 per share. The company wants to raise Rs 687.34 crore through this issue. The company’s shares can be listed on BSE and NSE on Monday, 29 September.

On the very first day, this IPO filled in the gray market, you should invest money or not?

New Delhi. The IPO of the power transformer, inverter duty transformer, furnace and generator transformer, Atlanta Electricals opened today. On the very first day, this IPO was completely filled. The IPO reserved part reserved for retail investors, 1.00 times the part of QIB and the reserve part for NII was 1.03 times subscribed. Investors in Atlanta Electrical IPO can bid till 24 September. The IPO’s unlisted stocks are trading at 19 percent premium in the gray market.

The price band of Atlanta Electrical IPO is Rs 718 to Rs 754 per share. The company wants to raise Rs 687.34 crore through this issue. The company’s shares can be listed on BSE and NSE on Monday, 29 September. The company raised Rs 205 crore from anchor investors on Friday before the IPO opened.

At least Rs 14,326

Atlanta Electrical is a reserve for QIBS, 50 percent of the IPO. At least 35 percent for retail investors and at least 15 percent reserve for non-institutional investors (NIIS). There are 98 shares in a lot of Issu. Retail investors will have to bid for at least 1 lot. An investment of Rs 14,326 will be necessary for this on the upper price band. A maximum of 13 lots can be applied.

Atlanta Electricals IPO GMP

According to the website IPOVCDOT in monitoring the gray market, Atlanta Electricals were trading at the gray market on Monday at the price of Rs 896 in the gray market. This issue shows the upper and Rs 142 from Rs 754 to Rs 142 or about 19 percent premium of the price price.

Should money be invested or not

Anand Rathi Research Team has advised ‘subscribe’ in the IPO of Atlanta Electricals in terms of long -term. Brokerage says that the company has diversity in the customer base and the technical technology is also endwear. Apart from this, the company’s strong order book indicates growth and stability in future.

(Disclaimer: Investment made in IPO is subject to market risks. If you want to invest in IPO then consult the first certified Investment Advisor. AyraNews24x7 will not be responsible for any kind of profit or loss.)

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