ATC Energies System Limited
Book Built Issue IPO · NSE
- Price band
- ₹112 - ₹118
- Lot size
- 1,200 shares
- Issue amount
- ₹63.76 cr
- Total subscription
- 1.61×
- Opens
- 25 Mar 2025
- Closes
- 27 Mar 2025
- Allotment
- 28 Mar 2025
- Listing
- 2 Apr 2025
Offer at a glance
Issue overview
- Issue size
- 54,03,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,34,400
- Fresh issue
- ₹51.02 cr
- Offer for sale
- ₹12.74 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,41,600
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,60,65,000
- Shares after issue
- 2,03,88,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 1,200 | ₹1,41,600 |
| sHNI | 2 | 2,400 | ₹2,83,200 |
| bHNI | 2 | 2,400 | ₹2,83,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 5 |
| NIB | — | 294 |
| RETAIL | — | 3,726 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.28 | 10.03 |
| RETAIL | 21.2 | 46.4 |
| NIB | 21.2 | 15.26 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 3.59 | 6.78 | 4.83 |
| ROE | 16.04 | 39.38 | 42.31 |
| ROCE | 16.11 | 42.66 | 42.91 |
| RONW | 16.04 | 39.38 | 42.31 |
| PRE IPO(PE) | 0 | 17.4 | 0 |
| POST IPO(PE) | 20.84 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
ATC Energies System Limited, established in 2020, specializes in lithium and Li-ion batteries and energy storage solutions for various industries, including banking, automobiles, and industrial applications. The company started by making mini batteries for the banking sector and later expanded to offer batteries of all sizes, tailored to customer needs through in-house design and engineering. Its products include batteries for POS machines and ATMs in banking, electric vehicle batteries for two- and three-wheelers, and power solutions for industrial UPS, energy storage systems, and weighing scales. The company is headquartered in Mumbai, with manufacturing facilities in Vasai, Thane, and Noida, equipped with advanced battery assembly technology. As of February 28, 2025, ATC Energies System Limited has 81 employees, with around 33% being women, showcasing its commitment to workforce diversity.
Strengths
- Wide Range of Products – Provides lithium and Li-ion battery solutions for banking, automotive, and industrial sectors, catering to diverse market needs.
- High-Quality & Reliable – Uses advanced manufacturing technology to deliver efficient and durable energy solutions.
- Experienced Team & Strong Leadership – Driven by industry experts and a skilled workforce focused on innovation and excellence.
Risk factors
- Supply Chain Risks – Dependence on key raw materials like lithium, nickel, and cobalt makes the company vulnerable to price fluctuations and supply shortages, which could affect profitability.
- Unstable Supplier Relations – Without long-term contracts or exclusive agreements, the company faces risks of rising costs, material shortages, or quality issues that could disrupt operations.
- Revenue Dependence – A significant share of earnings comes from two Promoter Group entities, increasing the risk of financial instability if orders decline or conflicts of interest arise.
Promoters
Sandeep Gangabishan Bajoria
Registrar & documents
Lead manager
Indorient Financial Services Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal IN AR, Off MC Rd., Andheri East, Mumbai 400093
+91 7208878270
[email protected]Company website ↗Understanding ATCENERGY IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.