Atlanta IPO, Review, IPO Performance by IPOPlatform India

About Atlanta

Company Information

Atlanta Limited, is an existing profit earning and dividend paying company under the leadership of Mr. Rajhoo Bbarot, Managing Director. The company is in the business of Construction, Realty, Infrastructure & Mining and its projects extend all over India. The company has maintained continuous progress in terms of expansion. The Company is competent in Infrastructure projects such as Highways on EPC/BOT basis, Runways; Mining and Real Estate . Atlanta Limited commenced its business activities in the year 1977 as Atlanta Construction Company, a Partnership Firm, under the leadership of Mr. Ambalal Barot. The primary objective of the partnership firm was to take up road construction activity. Thereafter, it underwent constitutional changes and accordingly the partnership firm was converted into a Private Limited Company in January

Object of Issue

To meet the investment requirements in Balaji Toll Ways Limited a Special Purpose Vehicle incorporated for the execution of the Nagpur-Kondhali ftheir lane BOT projec
For purchase of plant and machinery for mining activities
Investment in real estate projects
Purchase of plant and machinery for construction and real estate business
Partial pre-payment of high cost deb
Incremental working capital requiremen
To meet the expenses of this Issue

Atlanta MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Sep, 2006

IPO Size :

64.50 Cr.

PE Multiple :

10.07

Merchant Banker :
Karvy Investor Services Limited

IPO Registrar:
Kfin Technologies Limited

FAQs

1. What is Atlanta IPO?

Atlanta operates in Infrastructure and Construction Of Roads, Highways And EPC Contracts. The Issue is listed on MainBoard in Sep, 2006. Atlanta IPO size was 64.50 Cr. with Issue price of 150.00 .

2. Who is the merchant banker of Atlanta IPO?

Merchant Banker(s) of Atlanta IPO: Karvy Investor Services Limited , Srei Capital Markets Limited , Uti Securities Limited

3. How many times Atlanta IPO was subscribed?

Atlanta IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Atlanta IPO?

Atlanta IPO listed at a listing price of 192.30 against the offer price of 150.00.

5. What is the current market price of Atlanta IPO?

The current market price of Atlanta is 44.33.