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Atlanta Electricals IPO Fully Subscribed on Day 1, GMP ₹141
['Varun Keval']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
Atlanta Electricals’ IPO saw strong demand on the first day, September 22.
Investors applied for 63.86 lakh shares out of 64 lakh shares, almost filling the IPO.
Non-institutional buyers applied 1.03 times, retail investors 1.01 times, and the QIB portion was fully taken.
This includes 0.53 crore new shares worth ₹400 crore and 0.38 crore shares for sale worth ₹287.34 crore.
Retail investors can buy a minimum of 19 shares per lot and up to 13 lots.
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