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 Opening DateSep 1, 2006
IPO Closing DateSep 7, 2006
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹130 to ₹150 per equity share
Market Lot45 Shares
Min Order Quantity45 Shares
Listing AtBSE, NSE
Issue Size4,300,000 Eq Shares of ₹10
(aggregating up to ₹64.50 Cr)

Atlanta IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)

Atlanta IPO Prospectus

Atlanta IPO Rating

Rating:Rated 0.0 stars

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Atlanta IPO Listing Date

Listing DateMonday, September 25, 2006
BSE Script Code532759
Listing InB Group of Securities
IPO Price₹150 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Atlanta IPO Reviews / Ratings

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Company Contact Information

Atlanta Limited
101, Shree Ambashanti Chambers,
Opp. Leela Hotel,
Andheri - Kurla Road, Andheri (E), Mumbai - 400059

Phone: + 91 22 28382929

Atlanta IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000

Atlanta IPO FAQs

  1. What is Atlanta IPO?

    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 equity share. The minimum order quantity is 45 Shares.

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

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

  2. When Atlanta IPO will open?

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

  3. What is the lot size of Atlanta IPO?

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

  4. How to apply for Atlanta IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Atlanta IPO allotment?

    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.

  6. When is Atlanta IPO listing date?

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

Atlanta IPO Message Board

Ranked Members  Ranked Members

7. umesh |Jul 26, 2007 20:33
what about ipo of central bank of india
6. SAMEERA |Sep 21, 2006 05:51
5. kris |Sep 20, 2006 10:38
Allotment is out
4. kris |Sep 20, 2006 08:40
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 |Sep 9, 2006 06:03
Atlanta IPO oversubscribed by 12.51 times in Retail section.
2. Dhananjay |Sep 8, 2006 06:20
Atlanta IPO oversubscribed 10.01 times as of 7Pm today.
1. Dhananjay |Sep 7, 2006 14:43
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).


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