ATC Energies System Limited IPO Details

SME

ATC Energies IPO opens for subscription on 25 Mar 2025 and closes on 27 Mar 2025. The IPO will be listed on NSE with the tentative listing date set for 02 Apr 2025.

ATC Energies IPO price band has been fixed at ₹112 – ₹118 per share.The face value is ₹10 per share with a lot size of 1200.

ATC Energies IPO total issue size comprises 54,03,600 shares (aggregating up to ₹63.76 Cr). This includes a fresh issue of 43,23,600 shares (aggregating up to ₹51.02 Cr). Offer for Sale consists of 10,80,000 shares (aggregating up to ₹12.74 Cr).

ATC Energies IPO carries a ₹4 (3.4%) GMP, reflecting investor sentiment.

ATC Energies IPO Lot Size : Retain Minimum is 1 lot (1,200 shares) amounting to ₹141,600. Retain Maximum is 1 lot (1,200 shares) amounting to ₹141,600. SHNI Minimum is 2 lots (2,400 shares) amounting to ₹283,200.

The Lead Managers for ATC Energies IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Indorient Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Alacrity Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the ATC Energies System Limited RHP.

ATC Energies IPO Details

Listing Price : ₹107 at a Discount of 9.32%
Open Date
25 Mar 2025
Close Date
27 Mar 2025
Listing Date
02 Apr 2025
Issue Price
₹112 - ₹118
Face Value
₹10 per share
Lot Size
1200
GMP
₹4 (3.4%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
16065000
Share holding post issue
-
Total Issue Size
54,03,600 shares (aggregating up to ₹63.76 Cr)
Fresh Issue
43,23,600 shares (aggregating up to ₹51.02 Cr)
Offer for Sale
10,80,000 shares (aggregating up to ₹12.74 Cr)

ATC Energies IPO Subscription

ATC Energies IPO Application Wise Breakup

ATC Energies IPO Dates

  • 25 Mar 2025
    Opening dateOPD
  • 27 Mar 2025
    Closing dateCOD
  • 28 Mar 2025
    Allotment Date BOA
  • 01 Apr 2025
    Initiation of RefundsIOR
  • 01 Apr 2025
    Credit of SharesCOS
  • 02 Apr 2025
    Listing dateLID

ATC Energies IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11200₹141,600
Retain Maximum11200₹141,600
SHNI Minimum22400₹283,200
SHNI Maximum00
BHNI Minimum00

ATC Energies IPO Reservation

Promoter Holding

Pre Issue:96.18 %
Post Issue:70.49 %
Promoter Names:
Sandeep Gangabishan Bajoria

ATC Energies IPO Valuations

ROE:39.38%
ROCE:42.66%
DEBT/EQUITY:0.32
RONW:39.38%
PAT MARGIN:21.27

ATC Energies Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets71.825040.7236.05
Revenue22.5751.5133.2236.52
Profit After Tax5.7710.897.7611.86
Net Worth38.8733.122.2114.45
Reserves and Surplus22.8117.0419.6611.9
Total Borrowing24.2610.5110.5911.81
Amount in ₹ Crore

About ATC Energies IPO

Incorporated in 2020, ATC Energies System Limited is a company that operates in the energy sector, focusing on providing energy solutions, products, and services.

The company produces and supplies efficient, low-cost lithium and Li-ion batteries, offering integrated energy storage solutions for industries like banking, automobiles, and other end users.

The company started by producing mini batteries for the banking industry and now manufactures batteries of all sizes, offering customized solutions for various industries and applications through in-house design and engineering.

The company’s registered office is in Mumbai, with factories in Vasai, Thane, and Noida. These factories house advanced equipment for battery assembly, including temperature chambers, welding systems, and testers.

Products:v The company provides products for various industries:

  • Banking: POS machines, ATMs
  • Automobiles: Electric vehicles, two/three-wheelers
  • Industrial UPS, Energy storage systems, and Weighing scales.

As of February 28, 2025, the company had 81 employees out of which approximately 33% were women.

Strength Of ATC Energies IPO

1. Diversified Product Portfolio catering to a wide range of industries / end use applications.

2. In-house Designing Capabilities using advanced machines and manpower.

3. Focus on Quality Compliance, Control and Quality Standards.

4. Experienced Leadership team.

Risk Of ATC Energies IPO

1. The lithium battery industry is vulnerable to supply chain disruptions caused by its reliance on a few critical raw materials like lithium, nickel, cobalt, graphite, and manganese, which, if disrupted, can lead to shortages and higher costs and adversely impact our profitability.

2. We do not have long term contracts or exclusive arrangements with any of our suppliers, and a significant increase in the cost of, or a shortfall in the availability, or deterioration in the quality, of such input materials could have an adverse effect on our business and results of operations.

3. We are dependent on, and derive a substantial portion of our revenue from, two customers, namely M/s Agarwal Trading Company and M/s. Hind Industries - both categorised as "Promoter Group entities". Reduction in orders from these customers could have a material adverse effect on our business, results of operations and financial condition. The dependency on these two customers may lead to real or potential conflicts of interest for our Company.

4. We have had negative cash flows in the past and may have negative cash flows in the future.

5. We are significantly reliant on the banking industry for sale of our products.

6. Heavy dependence on raw material imports from China poses a substantial risk for us, as disruptions due to political tensions or trade disputes can lead to supply chain interruptions, quality control issues, and heightened competition, which could adversely affect our business, results of operations and financial condition.

7. The loss of any of our key customers or significant reduction in production and sales of, or demand for our products from our significant customers may adversely affect our business, results of operations and financial condition.

8. We have in past entered into related party transactions and we may continue to do so in the future.

9. Our Promoter is interested in our Company in the form of rental income from leasing of 5 factory units at Vasai in addition to provision of interest free unsecured loan.

10. If there is a decline in demand for the products where our batteries are used, it could significantly decrease the demand of our products and thereby affect our business, financial condition, results of operations.

Objectives ATC Energies IPO

  1. Repayment and/or pre-payment, in full, the borrowing availed by our Company with respect to purchase of our Noida factory.
  2. Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at our Noida factory.
  3. Funding the capital expenditure requirement towards IT upgradation at our Noida factory and Vasai factory and our registered office.
  4. Funding working capital requirements of our Company.
  5. General Corporate Purposes.

Company Contact Details

ATC Energies System Limited
Unit No. 3, Plot No. 33,
New India Industrial Estate, Mahal IN AR,
Off MC Rd., Andheri East, Mumbai 400093
Phone: +91 7208878270
Email: cs@atcgroup.co
Website: http://www.atcgroup.co/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

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