Atlanta Limited IPO (Atlanta IPO) Detail

Sep 1, 2006 - Sep 7, 2006

Atlanta Limited started its business in the year 1977 as Atlanta Construction Co. (I) Ltd. as Bombay Municipal Corporation Contractors.

Company has now presence in Highways, Runways, Mining, Realty and Infrastructure Concessions.

City roads, highways, bridges, buildings, airports, reclamation, land development and surface mining when it comes to any of these engineering projects, ATLANTA has consistantly emerged in the forefront on the basis of quality and cost-effective execution.

Atlanta IPO Details

IPO Date Sep 1, 2006 to Sep 7, 2006
Listing Date Monday, September 25, 2006
Face Value ₹10 per share
Price ₹130 to ₹150 per share
Lot Size 45 Shares
Issue Size4,300,000 shares of ₹10
(aggregating up to ₹64.50 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Atlanta IPO Lot Size

The Atlanta IPO lot size is 45 shares. A retail-individual investor can apply for up to 29 lots (1305 shares or ₹195,750).

Application Lots Shares Amount
Retail (Min) 1 45 ₹6,750
Retail (Max) 29 1305 ₹195,750

Atlanta IPO Prospectus

Atlanta IPO Rating

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Atlanta IPO Listing Date

Listing Date Monday, September 25, 2006
BSE Script Code 532759
Listing In B Group of Securities
ISIN INE285H01022
IPO Price ₹150 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Atlanta Limited
101, Shree Ambashanti Chambers,
Opp. Leela Hotel,
Andheri - Kurla Road, Andheri (E), Mumbai - 400059
Phone: + 91 22 28382929
Email: ipo@atlantainfra.com
Website: http://www.atlantainfra.com

Atlanta IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Website: https://karisma.kfintech.com/

Atlanta IPO Review

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Atlanta IPO FAQs

Atlanta IPO is a main-board IPO of 4,300,000 equity shares of the face value of ₹10 aggregating up to ₹64.50 Crores. The issue is priced at ₹130 to ₹150 per share. The minimum order quantity is 45 Shares.

The IPO opens on Sep 1, 2006, and closes on Sep 7, 2006.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Atlanta IPO opens on Sep 1, 2006 and closes on Sep 7, 2006.

Atlanta IPO lot size is 45 Shares and the minimum order quantity is .

You can apply in Atlanta IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Atlanta IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Atlanta IPO allotment status.

The Atlanta IPO listing date is on Monday, September 25, 2006.
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Atlanta IPO Message Board

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7. umesh |   Link |Jul 26, 2007 9:33:56 PM
what about ipo of central bank of india
6. SAMEERA |   Link |Sep 21, 2006 6:51:57 AM
5. kris |   Link |Sep 20, 2006 11:38:07 AM
Allotment is out
4. kris |   Link |Sep 20, 2006 9:40:31 AM
Tomorrow Afternoon i.e. on 20th Afternoon 11:00 IPO Allocatment for ACE and Atlanta is scheduled. You can check after 11 AM anytime.
3. Rinku |   Link |Sep 9, 2006 7:03:11 AM
Atlanta IPO oversubscribed by 12.51 times in Retail section.
2. Dhananjay |   Link |Sep 8, 2006 7:20:13 AM
Atlanta IPO oversubscribed 10.01 times as of 7Pm today.
1. Dhananjay |   Link |Sep 7, 2006 3:43:43 PM
The Keynote Capitals report on Atlanta IPO:

Recommendation - Subscribe with a medium term view

>> Atlanta is an ISO 9001 : 2000 certified company engaged in construction of highways, bridges, airfields pavements and drainage works.

>> Top management and key personnel have a good domain knowledge and expertise in construction industry.

>> Well-diversified portfolio including engineering, procurement and construction, highways and bridges, mining and real estate helps Atlanta to diversify the risk and increase the revenues.

>> Atlanta owns and employs modern, specialised and critical equipment like excavators, dumpers, dozers, WMM sensor Paver, bituminous sensor paver, hot mix plants, crushing plants, which are essential to execute large projects effectively.

>> Strong customer base includes Government of Maharashtra, Gujarat and UP, NHAI etc.

>> Order book position of around Rs 293 crore (Rs 2.93 billion) as on June 30, 2006.

>> Atlanta being in the booming construction sector, with good customer base, decent revenue growth and strong order book, we feel the IPO is attractively priced, at 10.1x FY07 and 7.5x FY08 earnings estimates. Investors may subscribe with a medium term view.


Investment concerns

<< Atlanta is smaller in size compared to the industry leaders in road projects, which can act as a deterrent for being awarded large projects independently.

<< Entities promoted by the promoters has incurred losses in the last three years i.e. Shrikant Studios Private Limited, Atul Raj Builders Private Limited, AAP Construction Company

<< Atlanta has not placed orders for the plant & machinery aggregating to Rs 9.25 crore (Rs 92.5 million) (68.15% of total value).