IPO

ATC Energies System Limited IPO

NSE SME

Listed On: Apr 2, 2025 at ₹ 107.0

₹ 283200 /2400 Shares
*Min Investment

Check Allotment

25 Mar, 2025

Open Date

27 Mar, 2025

Close Date

28 Mar, 2025

Allotment Date

02 Apr, 2025

Listing Date
ATC Energies System IPO Issue Details
  • Issue Price ₹112-118 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 54,03,600 shares(aggregating up to ₹63.76 crore)
  • Fresh Share 43,23,600 shares(aggregating up to ₹51.02 crore)
  • Offer For Sale 10,80,000 shares(aggregating up to ₹12.74 crore)
  • Listing at NSE SME
  • List Price 107.0
  • Listing Date 2025-04-02
  • Lead Manager Indorient Financial Services Ltd
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11200₹1,41,600
Retail(max)11200₹1,41,600
NII (min) 22,400₹2,83,200
ATC Energies System IPO Reservation

ATC Energies System IPO offers total 54,03,600 shares. Out of which 6,16,800 (11.41%) allocated to QIB, 17,96,400 (33.24%) allocated to NII,17,96,400 (33.24%) allocated to RII, NA (NA%) allocated to employees and 9,22,800 (17.08%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered9,22,800 (17.08%)
Market Maker Shares Offered2,71,200 (5.02%)
QIB Shares Offered6,16,800 (11.41%)
NII (HNI) Shares Offered17,96,400 (33.24%)
Retail Shares Offered17,96,400 (33.24%)
Total Shares Offered54,03,600 (100%)
ATC Energies System IPO Documents
ATC Energies System IPO Details


ATC Energies System Limited IPO is an SME IPO, priced at ₹112-118 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 54,03,600 equity shares, aggregating up to ₹63.76 crores..

The IPO bidding window is open from Mar 25, 2025 to Mar 27, 2025. The allotment is expected to be finalized on Mar 28, 2025, and the tentative listing date is Apr 2, 2025.

The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,41,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,83,200.

Indorient Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Alacrity Securities Ltd will act as the market maker for this issue.

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ATC Energies System IPO Subscription Analysis And Details
Retail
2.49x
Total
1.68x
As onQIB / NIIRetailTotal
Shares Offered / Reserved6,16,800 / 17,96,40017,96,40042,09,600
Day 1 25-03-25 06:00 PM
0.76 / 0.21 x0.80 x0.54 x
Day 2 26-03-25 06:00 PM
0.76 / 0.46 x1.58 x0.98 x
Day 3 27-03-25 06:00 PM
1.38 / 0.97 x2.49 x1.68 x

Total No of Applications
4,020
ATC Energies System Valuations
EPS Pre IPO ₹6.78/-
EPS Post IPO ₹5.66/-
P/E Pre IPO 17.4
P/E Post IPO 20.84
ROE 39.38%
ROCE 42.66%
Debt/Equity 0.32
RoNW 39.38%
PAT Margin 21.27
Price to Book Value 5.73
ATC Energies System Company Financials
In Crs.
In Cr.
30-Sep-2431-Mar-2431-Mar-2331-Mar-22
Assets71.8250.040.7236.05
Revenue22.5751.5133.2236.52
Profit After Tax5.7710.897.7611.86
Net Worth38.8733.122.2114.45
Reserves & Surplus22.8117.0419.6611.9
Total Borrowing24.2610.5110.5911.81
About ATC Energies System Company

Registered in 2020, ATC Energies System Limited is an energy company with the business of offering energy products, solutions, and services.

The company manufactures and distributes efficient and low-cost lithium and Li-ion batteries, with integrated energy storage solutions for various industries such as banking, automotive, and other end users.The firm began with the manufacture of mini batteries for the banking sector and now produces batteries of all sizes, providing customized solutions for many industries and applications based on in-house design and engineering.

The registered office of the company is in Mumbai, and there are factories in Vasai, Thane, and Noida. These factories have sophisticated equipment for battery assembly, such as temperature chambers, welding systems, and testers.

The firm offers products for different industries:
Banking: POS machines, ATMs
Vehicles: Electric cars, two/three-wheelers
Industrial UPS, Energy storage systems, and Weighing scales.

The company had 81 employees as of February 28, 2025, of which about 33% were women.

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ATC Energies System - Promoter(s)

Sandeep Gangabishan Bajoria

Pre Issue Share Holding : 99.57%

Post Issue Share Holding : %

ATC Energies System IPO - Issue Objectives
1

Repayment and/or pre-payment, in full, the borrowing availed by the Company with respect to purchase of the Noida factory

2

Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at the Noida factory

3

Funding the capital expenditure requirement towards IT upgradation at the Noida factory and Vasai factory and the registered office

4

Funding working capital requirements of the Company

5

General Corporate Purposes

ATC Energies System IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
ATC Energies System Limited6.78N/A20.639.38N/AN/ARestated
Eveready Industries India Ltd.9.18N/A53.236.0818.916.25Consolidated
High Energy Batteries (india) Ltd.19.14N/A97.852621.295.12Consolidated

Notes:

  1. Current Market Price (CMP) is the closing price as on February 25, 2025 and is sourced from www.bseindia.com. For our company, CMP = Offer Price.
  2. P/E Ratio has been computed based on the CMP as divided by the Basic EPS as on March 31, 2024.
  3. Listed peers are as identified by us based on similar line of business with our Company, however not comparable with size of our Company.
  4. Net Worth = Share Capital + Balance in Profit and Loss Account + Securities Premium Account.
Contact Details

ATC Energies System

Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal IN AR, Off MC Rd., Andheri East, Mumbai 400093

+91 7208878270

cs@atcgroup.co

http://www.atcgroup.co/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

aesl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/