Past performance
Performance overview
About Atlanta Electricals Ltd Atlanta Electricals Limited, established in December 1988 in Gujarat, India, is a manufacturer specializing in power, auto, and inverter duty transformers. The company has undergone several status conversions between Private and Public Limited over the years, with its latest iteration as a Public Limited Company finalized in December 2024. Atlanta operates three manufacturing units—two in Anand, Gujarat, and one in Bengaluru, Karnataka—spanning a total area of 321,451.39 square feet, with a combined production capacity of 16,740 MVA. Atlanta Electricals has a long legacy in transformer production, starting with 33 kV and 66 kV power transformers in 1991-92. Over time, its portfolio evolved to high-capacity products, such as the 50 MVA 132/66 kV Power Transformer, first supplied to Gujarat Energy Transmission Corporation Limited in 2006-07, and specialized transformers for industries, utilities, and renewable projects. Notable milestones include its deliveries of 100 MVA and 160 MVA transformers to GETCO in 2013-14 and 2017-18, respectively, and significant contributions to the renewable energy sector. In 2021, the company secured a major order for solar applications, delivering eight 80 MVA power transformers for Ultra Mega Solar Park in Andhra Pradesh. Emphasizing innovation and quality, Atlanta Electricals conducted dynamic short circuit tests on specialized transformers, including a solar-focused inverter duty transformer in early 2022 and high-capacity models in 2024. This reflects its commitment to technological advancement and energy efficiency. The company plans to strengthen its market position by launching an Initial Public Offering (IPO) to raise ₹400 crore through a Fresh Issue, alongside 3,810,895 equity shares via Offer for Sale. This IPO highlights Atlanta Electricals' ambition to expand its footprint in the transformers sector, particularly as India transitions to sustainable energy solutions.
Website aetrafo.com
Founded 1988
Headquarters Anand