Atlanta Electricals is scheduled to finalize the basis of allotment of its shares on Thursday, September 25 and bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Friday, September 26. The transformer manufacturer received a stellar response from the investors. Advertisement

The IPO of Atlanta Electricals was open for bidding between September 22 and September 24. It had offered its shares in the price band of Rs 718-754 per share with a lot size of 19 shares. It raised a total of Rs 687.34 crore from its IPO, which included a fresh share sale of Rs 400 crore and an offer-for-sale (OFS) of up to 38,10,895 equity shares.

The issue was overall subscribed 70.63 times, fetching nearly 17.08 lakh applications, attracting bid

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