ATC Energies System Limited - IPO
SMEATC Energies Stock Price
ATC Energies IPO Details
ATC Energies IPO Subscription
ATC Energies IPO Application Wise Breakup
ATC Energies IPO Dates
- 25 Mar 2025Opening dateOPD
- 27 Mar 2025Closing dateCOD
- 28 Mar 2025Basis of AllotmentBOA
- 01 Apr 2025Initiation of RefundsIOR
- 01 Apr 2025Credit of SharesCOS
- 02 Apr 2025Listing dateLID
ATC Energies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1200 | ₹141,600 |
| Retain Maximum | 1 | 1200 | ₹141,600 |
| HNI Minimum | 2 | 2400 | ₹283,200 |
ATC Energies IPO Reservation
Promoter Holding
ATC Energies IPO Valuations
ATC Energies System Limited Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 71.82 | 50 | 40.72 | 36.05 |
| Revenue | 22.57 | 51.51 | 33.22 | 36.52 |
| Profit After Tax | 5.77 | 10.89 | 7.76 | 11.86 |
| Net Worth | 38.87 | 33.1 | 22.21 | 14.45 |
| Reserves and Surplus | 22.81 | 17.04 | 19.66 | 11.9 |
| Total Borrowing | 24.26 | 10.51 | 10.59 | 11.81 |
| 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
- Repayment and/or pre-payment, in full, the borrowing availed by our Company with respect to purchase of our Noida factory.
- Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at our Noida factory.
- Funding the capital expenditure requirement towards IT upgradation at our Noida factory and Vasai factory and our registered office.
- Funding working capital requirements of our Company.
- 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
Lead Mangers
Indorient Financial Services Ltd
Market Maker
Alacrity Securities