Archive · 18 Sep 2025
IPOs from Atlanta Electricals, and Saatvik Green Energy Launch
Two companies, Atlanta Electricals and Saatvik Green Energy, are launching IPOs, which means they are selling shares to the public to raise money.
Atlanta Electricals makes transformers and aims to raise ₹687 crore.
Saatvik Green Energy is a solar energy company looking to raise ₹900 crore.
These funds will be used for various purposes such as debt repayment, working capital, and investment in solar plant construction.
Investors can buy shares at different prices depending on the company.
Both companies plan to list their shares on stock exchanges, with specific dates for bidding and listing.
The transformer market in India is growing, which may create opportunities for investors.
Atlanta Electricals' IPO opens on September 22, 2025, to raise ₹687 crore.
Saatvik Green Energy's IPO opens on September 19, 2025, aiming to raise ₹900 crore.
Atlanta Electricals' share price ranges from ₹718 to ₹754.
Saatvik's share price ranges from ₹442 – ₹465.
Funds raised by both will be used for varied purposes including debt, investment, and business operations.
- Who
- Atlanta Electricals Ltd, Saatvik Green Energy
- What
- Launching IPOs
- When
- September 19, 2025 (Saatvik) and September 22, 2025 (Atlanta)
- Where
- Mumbai
- Why
- To raise capital
Investor Risks with Atlanta Electricals
Investor Risks with Saatvik
Geographical concentration of Atlanta Electricals
Investor Risks with Atlanta Electricals
A major chunk of its facilities is located in Gujarat. Any disruptions in the region can materially impact the company.
Investor Risks with Saatvik
Saatvik's potential is in the investment in a 4 GW solar plant in Odisha.
Customer Concentration for Atlanta
Investor Risks with Atlanta Electricals
A significant portion of the revenue is generated from a few major customers.
Investor Risks with Saatvik
Saatvik is an option for long-term investors.
- Companies
- Atlanta Electricals, Saatvik Green Energy
- IPO Launch Dates
- September 19, September 22, 2025
- Price Band (Atlanta)
- ₹718 to ₹754 per share
- Price Band (Saatvik)
- ₹442 – ₹465 per share
- IPO Size (Atlanta)
- ₹687 crore
- IPO Size (Saatvik)
- ₹900 crore
- Use of Proceeds (Atlanta)
- Debt repayment, working capital, and corporate purposes
- Use of Proceeds (Saatvik)
- Loan repayment, Investment in Saatvik Solar, Build solar plant in Odisha, general business