ATC Energies System Limited

ATC Energies System Limited

The company produces and supplies lithium-ion batteries, offering efficient and cost-effective energy storage solutions. With a fully integrated production system, it serves industries such as banking and automobiles. Its manufacturing facilities in Vasai, Thane, and Noida (NCR) are equipped with advanced machinery and technology. An in-house development and assembly system, along with a quality testing infrastructure spanning approximately 3,160 sq. mt., enables the production of both customized and standardized lithium batteries to meet diverse industry needs. It has an in-house team for designing, engineering and customizing the products to suit the end use of our customers.

Price Band

₹112 - ₹118

Dates

25 Mar - 27 Mar

GMP

₹0 (0.00%)

Subscriptions

1.68 times

Issue Size

₹63.76 Crs

ATC Energies IPO Key Dates
Opening Date

25 Mar 25

Closing Date

27 Mar 25

Basis Of Allotment

28 Mar 25

Initiations Of Refund

01 Apr 25

Credit Of Shares

01 Apr 25

Listing Date

02 Apr 25

ATC Energies IPO Objects

  1. Repayment of the loan for purchasing the Noida factory (land and building)
  2. Funding refurbishment and upgradation at the Noida factory.
  3. IT upgradation at Noida, Vasai factories, and the registered office.
  4. Working capital requirements.
  5. General corporate purposes.

ATC Energies IPO Details
Price Band

₹112 - ₹118

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹51.02 Cr (0.43 Cr Shares)

Offer For Sale

₹12.74 Cr (0.11 Cr Shares)

Total Issue

₹63.76 Cr (0.54 Cr Shares)

Face Value

₹10 per equity share

ATC Energies IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,200 1,41,600
Maximum 1 1,200 1,41,600
NII
Minimum 2 2,400 2,83,200
ATC Energies IPO Subscription

Updated as on 27-Mar-2025 19:00:07 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 1.38 6,16,800 8,53,200
NII 0.97 17,96,400 17,34,000
Retail 2.49 17,96,400 44,71,200
Total 1.68 42,09,600 70,58,400
ATC Energies IPO GMP

The estimated Grey Market Premium of ATC Energies IPO is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 30% of the Net Offer
NII Not less than 35% of the Net Offer
Retail Not less than 35% of the Net Offer
Market Maker 2.71L Equity Share
ATC Energies IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 22.57 51.51 33.22 36.52
Profit after Tax 5.77 10.89 7.76 11.86
Net Worth 38.87 33.10 22.21 14.45
Total Borrowing 24.26 10.51 10.59 11.81
Total Assets 71.82 50.00 40.72 36.05
NAV per share (in ₹) 24.20 20.60 13.82 9.00
EPS - Basic (in ₹) 3.59 6.78 4.83 7.38

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI Ratios
EBITDA 29.61%
PAT 21.27%
ROE 39.38%
ROCE 42.66%
Current Ratio 3.78
PE Ratio 17.40
PB Ratio 5.73
Mkt Cap (in Crs.) 240.59
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
ATC Energies IPO Peer Comparision

(Rs. in crores)

Particulars Co. Eveready Industries India Limited High Energy Batteries India Limited
Revenue from Ops (in Crs.) 51.20 1,314.28 78.14
PAT (In Crs.) 10.89 66.77 17.16
EPS - Basic 6.78 9.18 19.14
NAV per share 20.60 53.20 97.85
RONW 39.38 18.91 21.29
EBITDA Margin 29.61% 10.68% 28.86%
PAT Margin 21.27% 5.08% 21.96%
Price to earning (PE) 17.40 36.08 26.00
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 25, 2025 for Peers
ATC Energies IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 51.20
PAT (In Crs.) 10.89
EPS - Basic 6.78
NAV per share 20.60
RONW 39.38
EBITDA Margin 29.61%
PAT Margin 21.27%
Price to earning (PE) 17.40
Eveready Industries India Limited High Energy Batteries India Limited
1,314.28 78.14
66.77 17.16
9.18 19.14
53.20 97.85
18.91 21.29
10.68% 28.86%
5.08% 21.96%
36.08 26.00
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 25, 2025 for Peers
Promoter Details
Name Shareholding
Sandeep Gangabishan Bajoria 96.18%
Management Details
Name Designation
Sandeep Gangabishan Bajoria Chairman & MD
Piyush Vijaykumar Kedia Chief Financial Officer
Company Details

Name: ATC Energies System Limited

Address: Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal IN AR, Off MC Rd., Andheri East, Mumbai – 400 093, Maharashtra, India

Phone: +91 7208878270

Email: cs@atcgroup.co

Book Running Lead Managers (BRLMs)
Company
Indorient Financial
Visit Website
RTAs
Company
KFin Technologies
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

ATC Energies IPO is a SME IPO having an issue size of Rs. ₹63.76 Crs. ATC Energies IPO is priced at ₹112 - ₹118 per share. The issue opens on 25 Mar 25 and closes on 27 Mar 25.

ATC Energies IPO opens on 25 Mar 25 and closes on 27 Mar 25.

The estimated Grey Market Premium of ATC Energies IPO is ₹0 per share (0.00%).

The minimum lot size of ATC Energies IPO is 1200 shares & the minimum application amount is Rs. 141600.

The allotment date of ATC Energies IPO is 28 Mar 25.

The listing date of ATC Energies IPO is 02 Apr 25.

ATC Energies IPO is subscribed 1.68 times.

ATC Energies IPO is priced at ₹112 - ₹118 per share.

Click the allotment link on ATC Energies IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select ATC Energies IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date