ATC Energies IPO Details
The key details of ATC Energies System’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹63.76 Cr |
| Price Range | ₹112 - ₹118 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,41,600 |
| Pre IPO Promotor Holding | 99.57% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
ATC Energies IPO Timelines
The IPO process for ATC Energies System includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
25/03/2025
Start Date27/03/2025
End Date01/04/2025
Refund Initiation01/04/2025
Credit of Shares to Demat Ac02/04/2025
Listing DateATC Energies IPO Lot Size
The ATC Energies IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹118 per share, requiring ₹141,600 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹283,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,41,600 |
| Retail Maximum | 1 | 1200 | ₹1,41,600 |
| HNI Minimum | 2 | 2400 | ₹2,83,200 |
ATC Energies IPO Subscription Status
The subscription status for ATC Energies System IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.38x | 0.81x | 2.49x | -- | 1.61x |
IPO Performance on Listing Day
On the listing day (April 2, 2025), ATC Energies made a disappointing debut on the stock exchange. The stock opened at ₹107, recording a significant discount of 9.3% from its issue price of ₹118. During the trading session, after opening at its day’s high, the stock faced continued selling pressure, declining to ₹101.65. The shares ended their first trading day at ₹101.65, posting a substantial loss of 13.9% from the issue price, indicating weak market sentiment towards this energy sector player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹107.00 | ₹101.65 | ₹107.00 | ₹101.65 |
ATC Energies IPO Company Financials
ATC Energies System IPO reports robust performance in FY2024 with Total Income of ₹51.51 crores, managing expenses at ₹37.93 crores, and achieving a strong PAT (Profit After Tax) of ₹10.89 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹36.52 | ₹22.18 | ₹11.86 |
| FY 2023 | ₹33.22 | ₹23.27 | ₹7.76 |
| FY 2024 | ₹51.51 | ₹37.93 | ₹10.89 |
| FY 2025 (6 M) | ₹22.57 | ₹15.67 | ₹5.77 |
About Company
ATC Energies System Limited, established in 2020, is a prominent player in the energy sector, specializing in energy solutions, products, and services. The company focuses on the production and supply of efficient, low-cost lithium and Li-ion batteries, providing integrated energy storage solutions to industries such as banking, automobiles, and various other end users. Initially, the company began by producing mini batteries for the banking industry and has since expanded its offerings to include batteries of various sizes, with tailored solutions designed through in-house engineering.
With its registered office in Mumbai and factories located in Vasai, Thane, and Noida, ATC Energies System is equipped with advanced machinery for battery assembly, including temperature chambers, welding systems, and testers. Its product range serves industries like banking (POS machines and ATMs), automobiles (electric vehicles and two/three-wheelers), and industrial applications (UPS systems, energy storage, and weighing scales). As of February 2025, the company employs 81 staff members, with approximately 33% of the workforce being women.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Electricals | Sandeep Bajoria |
Know Before Investing
ATC Energies IPO Strengths
- ATC Energies System develops a full range of lithium-ion batteries, allowing for better control over production quality and costs. This vertical integration enhances operational efficiency and reduces dependency on third-party suppliers.
- With the increasing adoption of electric vehicles (EVs) and renewable energy solutions, the demand for efficient energy storage systems is on the rise, positioning ATC Energies favorably in a growing market.
- The company focuses on developing advanced lithium-ion battery technologies, which can improve performance and longevity, giving it a competitive edge in the energy storage sector.
- ATC Energies invests significantly in R&D to innovate and enhance its product offerings, ensuring it stays ahead of industry trends and meets evolving customer needs.
- Collaborations with key players in the EV and renewable energy sectors can provide ATC Energies with access to new markets, technologies, and resources, further enhancing its growth potential.
- The company is led by a team with extensive experience in the energy and technology sectors, which is crucial for navigating challenges and capitalizing on opportunities in a rapidly changing market.
- By producing eco-friendly lithium-ion batteries, ATC Energies aligns itself with global sustainability trends, appealing to environmentally conscious consumers and businesses.
ATC Energies IPO Risks
- The company may rely heavily on a limited number of customers for a substantial portion of its revenue. Any loss of these key clients could adversely affect financial performance.
- Operating in the energy sector involves navigating complex regulations and compliance requirements, which can lead to increased operational costs and potential legal issues.
- The battery manufacturing industry is rapidly evolving, and failure to keep up with technological advancements could hinder the company’s competitiveness and market position.
- The company’s operations depend on a stable supply of raw materials for battery production. Disruptions in the supply chain can lead to production delays and increased costs.
- The energy storage and battery market is highly competitive, with numerous established players. This competition may lead to pricing pressures and reduced profit margins.
- Economic fluctuations can impact consumer demand for electric vehicles and energy storage solutions, affecting the overall growth prospects of the company.
Swot Analysis for ATC Energies IPO
Strengths
Leading lithium-ion battery maker, Applications in EV and energy storage, Strong manufacturing facilities
Weaknesses
High sector competition, Volatile raw material prices, Limited brand recognition
Opportunities
Rising EV and energy demand, Global market expansion, Investments in clean energy tech
Threats
Global competition, Regulatory changes, Supply chain disruptions
Company 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/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: aesl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of ATC Energies IPO are:
- Repayment and/or pre-payment, in full, the borrowing availed by the Company with respect to purchase of the Noida factory
- Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at the Noida factory
- Funding the capital expenditure requirement towards IT upgradation at the Noida factory and Vasai factory and the registered office
- Funding working capital requirements of the Company
- General corporate purposes.
Indorient Financial Services Ltd is the book-running lead managers for the ATC Energies IPO.
ATC Energies’ IPO shows promising growth potential driven by its financial performance, with revenue increasing from ₹33.22 crore in FY 2023 to ₹51.51 crore in FY 2024, alongside a profit rise to ₹10.89 crore. The company’s growth strategy focuses on expanding its lithium-ion battery production, catering to various industries, including automotive and banking, which aligns with the growing demand for energy storage solutions. However, risk factors include competition in the energy sector and reliance on technological advancements.
The issue price for the ATC Energies IPO is set between ₹112 and ₹118 per share.
To invest in one lot of ATC Energies IPO, you need ₹1,34,400 at the lower price band (₹112 per share) or ₹1,41,600 at the upper price band (₹118 per share) for a lot size of 1200 shares.
ATC Energies IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on April 2, 2025.
Refund/unblocking of funds for ATC Energies IPO will begin on April 1, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your ATC Energies IPO shares on listing day (April 2, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.