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Atlanta Limited IPO (Atlanta IPO) Detail

September 1, 2006 - September 7, 2006

Atlanta IPO is a book built issue of Rs 64.50 crores.

Atlanta IPO bidding started from September 1, 2006 and ended on September 7, 2006. The shares got listed on BSE, NSE on September 25, 2006.

Atlanta IPO price band is set at ₹130 to ₹150 per share. The minimum lot size for an application is 45 Shares. The minimum amount of investment required by retail investors is ₹6,750.

Uti Securities Ltd, Karvy Investor Services Limited and Srei Capital Markets Ltd are the book running lead managers of the Atlanta IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Atlanta IPO RHP for detailed information.

Atlanta IPO Details

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

Atlanta IPO Lot Size

Investors can bid for a minimum of 45 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Atlanta Limited

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 Prospectus

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Atlanta IPO Listing Details

Listing Date September 25, 2006
BSE Script Code 532759
ISIN INE285H01022
Final Issue Price ₹150 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
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Atlanta Limited Contact Details

Atlanta Limited
101, Shree Ambashanti Chambers,
Opp. Leela Hotel,
Andheri - Kurla Road, Andheri (E), Mumbai - 400059
Phone: + 91 22 28382929

Atlanta IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

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 September 1, 2006, and closes on September 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 September 1, 2006 and closes on September 7, 2006.

Atlanta IPO lot size is 45 Shares, and the minimum amount required is ₹6,750.

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 September 25, 2006.
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Atlanta IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



7. umesh |   Link |July 26, 2007 9:33:56 PM
what about ipo of central bank of india
6. SAMEERA |   Link |September 21, 2006 6:51:57 AM
5. kris |   Link |September 20, 2006 11:38:07 AM
Allotment is out
4. kris |   Link |September 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 |September 9, 2006 7:03:11 AM
Atlanta IPO oversubscribed by 12.51 times in Retail section.
2. Dhananjay |   Link |September 8, 2006 7:20:13 AM
Atlanta IPO oversubscribed 10.01 times as of 7Pm today.
1. Dhananjay |   Link |September 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).