Applying for an Initial Public Offering (IPO) requires a clear understanding of the steps involved. For investors interested in participating, the process of application has been streamlined through online trading and banking platforms, supported by UPI integration for payments.
The Atlanta Electricals Solutions IPO will be open for subscription between September 22 and September 24, 2025. Interested applicants can log in to their broker or bank account to apply electronically. For complete details about the issue, you can also explore the official Atlanta Electricals Solutions IPO.
Atlanta Electricals Solutions IPO Application Process
Investors can apply for the IPO online using their broker or bank platform. The process involves logging in, selecting the IPO, entering share details, and confirming via UPI or ASBA.
Step 1: Login to Your Trading Platform
Access your broker or bank platform where your Demat account is linked.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active and upcoming issues.
Step 3: Select the Open IPO and Click Apply
Choose Atlanta Electricals Solutions IPO from the list of active IPOs and proceed to apply.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Enter the number of lots or shares you intend to apply for, within the prescribed limit.
Step 5: Provide Your UPI ID
Add your UPI ID for payment authorization. Ensure the UPI mandate request is received on the linked app.
Step 6: Confirm the Application
Submit your application and verify all details before final confirmation.
Step 7: Complete the Process and Wait for IPO Allotment Status
Approve the UPI mandate to block funds. The status of allotment can be checked after the finalisation date.
Additional Read: Atlanta Electricals Solutions IPO Investment Guide: Objectives & Opportunities
About Atlanta Electricals Solutions IPO: Overview and Key Facts
Atlanta Electricals Solutions Ltd. was incorporated in 1988 and is engaged in the manufacturing of transformers catering to utilities, renewable energy projects, and private enterprises. Its product line includes power, inverter-duty, furnace, and generator transformers.
The IPO is a book-building issue of ₹687.34 crore, comprising a fresh issue of ₹400 crore and an offer for sale of ₹287.34 crore. The issue price band has been fixed between ₹718 and ₹754 per share with a face value of ₹2.
The subscription window will open on September 22, 2025, and close on September 24, 2025. The allotment is expected to be finalised on September 25, 2025, and listing is tentatively scheduled for September 29, 2025, on BSE and NSE.
Proceeds from the fresh issue are earmarked for repayment of borrowings, funding working capital, and general corporate purposes. The registrar for the IPO is MUFG Intime India Pvt. Ltd., while Motilal Oswal Investment Advisors Ltd. and Axis Capital Ltd. are the book running lead managers.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Atlanta Electricals Solutions IPO allotment status.