ATC Energies System IPO Closed

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25th – 27th Mar 2025
02 Apr 2025
₹112 – ₹118
Lot size 1200 — ₹141600
64cr

Schedule of ATC Energies System

Issue open date 25 Mar 2025
Issue close date 27 Mar 2025
UPI mandate deadline 27 Mar 2025 (5 PM)
Allotment finalization 28 Mar 2025
Refund initiation 01 Apr 2025
Share credit 01 Apr 2025
Listing date 02 Apr 2025
Mandate end date 11 Apr 2025
Lock-in end date for anchor investors (50%) 27 Apr 2025
Lock-in end date for anchor investors (remaining) 26 Jun 2025

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About ATC Energies System

Incorporated in 2020, ATC Energies System Limited operates in the energy sector, focusing on the production of lithium and Li-ion batteries. The company provides energy storage solutions for industries such as banking, automobiles, and industrial applications. Its manufacturing facilities in Vasai, Thane, and Noida are equipped for the assembly of various battery sizes, offering both customized and standardized products. ATC Energies is ISO certified and follows stringent quality control measures in its production processes. The company imports most of its raw materials from China, with a focus on minimizing environmental impact during battery disposal.


Financials of ATC Energies System


*All figures are in ₹ Crores.

Issue size

Funds Raised in the IPO Amount
Overall ₹63.76 crores
Fresh Issue ₹51.02 crores
Offer for sale ₹12.74 crores

Utilisation of proceeds

Purpose INR crores (%)
Repayment of Borrowing for Noida Property 9.53 (18.68%)
Capital Expenditure for Noida Factory 6.72 (13.17%)
Capital Expenditure for IT Upgrade at Noida & Vasai 7.47 (14.64%)
Working Capital Requirements 9.50 (18.62%)
General corporate purposes 18.80 (36.92%)

Strengths

  • Diversified product portfolio serving multiple industries with customized solutions.
  • Strong focus on quality and performance, ensuring reliability and trust.
  • Experienced leadership driving growth and innovation with 25 years of experience.
  • Stable financial performance with consistent revenue and profit growth.

Risks

  • Supply chain disruptions due to raw material shortages and geopolitical risks.
  • Dependency on two Promoter Group customers, with potential conflicts of interest.
  • Risk from reliance on raw material imports from China and potential political tensions.
  • Decline in demand could negatively impact revenue and operations.
  • Potential supply chain disruptions affecting sales and efficiency.
  • Intense domestic and international competition affects market position.

Allotment Status for ATC Energies System

To check your allotment status – click here.

Subscription Figures for ATC Energies System

Subscription numbers as of 5:00 PM on 27 Mar 2025:

Category Reserved (lakhs) Applied (lakhs) Subscription (X times)
Institutional 6.16 8.53 1.38x
HNI (₹2L+) 17.96 14.62 0.81x
Retail (upto ₹2L) 17.96 44.68 2.49x
Total 42.09 67.84 1.61x