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After the conclusion of the subscription process on September 24, the allotment status for Atlanta Electricals IPO will be finalised on Thursday, September 25.
The Atlanta Electricals IPO saw strong demand on the final day of bidding, with the issue being oversubscribed 70.63 times.
Institutional investors (QIB): 194.92 times.
Non-Institutional investors (NII): 54.21 times.
Retail investors: 10.42 times.
Employee Reserved: 3.29 times.
Atlanta Electricals Ltd.’s IPO is a book-built issue of Rs 687.34 crore. It comprises a fresh issue of 53 lakh shares, aggregating to Rs 400 crore, and an offer-for-sale component of 38 lakh shares, amounting to Rs 287.34 crore.
The price band for the Atlanta Elect