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The Atlanta Electricals IPO GMP currently stands at 17.9% over the upper IPO price, while that of the Ganesh Consumer Products IPO at just 2.8%.
Atlanta Electricals IPO vs Ganesh Consumer Products IPO.
Atlanta Electricals IPO vs Ganesh Consumer IPO: Two mainboard initial public offerings (IPOs) of Atlanta Electricals Ltd vs Ganesh Consumer Products Ltd have been closed today, September 24. Atlanta Electricals has been oversubscribed with over 72.16x subscription, while Ganesh Consumer Products managed a 2.68x subscription.
Atlanta Electricals IPO GMP Vs Ganesh Consumer Products IPO GMP
The Atlanta Electricals IPO GMP currently stands at 17.9% over the upper IPO price, indicating decent listing gains for investors. The price band of the Rs 687.34-crore IPO has been fixed at Rs 718 to Rs 754 apiece.
The Ganesh Consumer Products IPO GMP currently stands at just 2.8% over its upper IPO price, indicating a weak listing. The price band of the Rs 408.8-crore IPO has been fixed at Rs 306 to Rs 322 apiece.
Atlanta Electricals IPO Vs Ganesh Consumer Products IPO: Subscription Status
The Atlanta Electricals IPO has received 72.16x subscription on the final day of bidding on Wednesday, September 24. Its retail quota has received a 10.76x subscription, its NII category has got 55.82x, and its QIB quota has got 194.77x subscription.
The Ganesh Consumer Products IPO has received 2.68x subscription on the final day of bidding on Wednesday, September 24. Its retail quota has received a 1.17x subscription, its NII category has got 4.41x subscription, and its QIB quota has received 4.03x subscription.
Atlanta Electricals Vs Ganesh Consumer Products: Allotment & Listing Dates
Both companies will be listed on both the NSE and the BSE on September 29. Their IPO allotment will be finalised on September 25.
Atlanta Electricals Vs Ganesh Consumer Products: More Info
Gujarat-based Atlanta Electricals Ltd’s IPO is a combination of a fresh issue of equity shares worth Rs 400 crore and an offer for sale (OFS) of 38.1 lakh equity shares valued at Rs 287 crore at the upper end of the price band, by a promoter and other selling shareholders.
The company proposes to utilise the proceeds from the issue for payment of debt, supporting working capital requirements of the company and for general corporate purposes. Motilal Oswal Investment Advisors and Axis Capital are the book-running lead managers to the issue.
The Ganesh Consumer Products IPO has a fresh issue of equity shares worth up to Rs 130 crore and an offer-for-sale (OFS) of 86.58 lakh shares valued at Rs 279 crore at the upper end, by promoter and investor-selling shareholders.
Of the fresh issuance, Rs 60 crore will be utilised for payment of debt; Rs 45 crore for setting up a roasted gram flour and gram flour manufacturing unit in Darjeeling, and for general corporate purposes. Established in 1936, the company offers 42 products across staples, spices, ethnic snacks, and emerging food categories.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
September 24, 2025, 10:37 IST
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