22 Sep 2025 | 3 Mins Read
Ajcon Global advises subscription in Atlanta Electricals Ltd IPO
Flipitmoney
Atlanta Electricals Ltd, India's largest transformer manufacturer in terms of volume, has expanded its production capabilities to 500 Mega Volt-Amp and 765 kV voltages. Revenue grew significantly from ₹8,738.88 million in FY23 to ₹12,441.80 crore in FY25, at a 19.32% CAGR. The IPO is valued at 48.87x P/E and receives a 'SUBSCRIBE' rating.