ATC Energies IPO is scheduled to open for subscription on March 25, 2025, and will close on March 27, 2025. The company aims to raise approximately ₹63.76 crores through this book-built issue, which includes a fresh issue of ₹51.02 crores and an offer for sale of 10.80 lakh equity shares.
Investors can subscribe within the price band of ₹112 to ₹118 per share, with a retail quota of 35%, QIB at 50%, and HNI at 15%. The allotment is expected to be finalized on March 28, 2025, and the IPO is set to list on NSE SME on April 2, 2025. With strong financial growth—revenue increasing from ₹33.22 crores in 2023 to ₹51.51 crores in 2024 and profits rising from ₹7.76 crores to ₹10.89 crores—the IPO presents a potential long-term investment opportunity.
Overview of Contents
About ATC Energies IPO
ATC Energies System Limited, established in 2020, is a rapidly growing company in the energy sector, specializing in advanced lithium-ion battery solutions. With a strong focus on affordability and efficiency, the company designs and manufactures a wide range of energy storage solutions catering to industries such as banking, automotive, and industrial applications. Initially starting with mini-sized batteries for POS machines and ATMs, ATC Energies has expanded its portfolio to include customized battery solutions for electric vehicles, UPS systems, and weighing scales.
The company operates from its registered office in Mumbai, with state-of-the-art manufacturing facilities in Vasai, Thane, and Noida, equipped with cutting-edge technology for assembly, testing, and quality control. With a commitment to innovation, quality, and sustainability, ATC Energies continues to strengthen its position in the market by offering reliable and cost-effective energy solutions tailored to diverse industrial needs.
ATC Energies IPO Prospectus
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ATC Energies IPO Overview
| IPO Details | Information |
|---|---|
| IPO Open Date | March 25, 2025 |
| IPO Close Date | March 27, 2025 |
| Listing Date | April 2, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹112 to ₹118 per share |
| Lot Size | To be announced |
| Total Issue Size | 54,03,600 shares (Approx ₹63.76 Cr) |
| Fresh Issue | 43,23,600 shares (Approx ₹51.02 Cr) |
| Offer for Sale (OFS) | 10,80,000 shares |
| Issue Type | Book Built Issue IPO |
| Listing Exchange | NSE SME |
| Pre-Issue Shareholding | 1,60,65,000 shares |
| Post-Issue Shareholding | 2,03,88,600 shares |
| Market Maker Portion | 2,71,200 shares |
| Retail Investor Quota | Not less than 35% |
| QIB Quota | Not more than 50% |
| NII (HNI) Quota | Not less than 15% |
ATC Energies IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,41,600 |
| Retail Maximum | 1 | 1200 | ₹1,41,600 |
| S-HNI Minimum | 2 | 2400 | ₹2,83,200 |
ATC Energies IPO Dates
| Event | Date (2025) |
|---|---|
| Opening for Subscription | 25th March |
| Closing for Subscription | 27th March |
| Allotment Finalization | 28th March |
| Refund Initiation | 1st April |
| Demat Account Credit | 1st April |
| Expected Listing Date | 2nd April |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Eveready Industries India Limited | 9.18 | 36.08 | 18.91 | 53.20 | – Cr. |
| High Energy Batteries India Limited | 19.14 | 26.00 | 21.29 | 97.85 | – Cr. |
Objects of the Issue
- Repayment/pre-payment of loans for Noida factory purchase
- Capital expenditure for Noida factory refurbishment and upgrades
- IT infrastructure upgrades at Noida, Vasai, and registered office
- Funding working capital requirements
- General corporate purposes
ATC Energies IPO Promoter Holding
Sandeep Gangabishan Bajoria is the promoter of the company.
| Share Holding Pre Issue | 99.57% |
| Share Holding Post Issue |
ATC Energies IPO Financial Performance
| Financial Metrics | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Total Assets | ₹71.82 Cr | ₹50.00 Cr | ₹40.72 Cr | ₹36.05 Cr |
| Total Revenue | ₹22.57 Cr | ₹51.51 Cr | ₹33.22 Cr | ₹36.52 Cr |
| Net Profit | ₹5.77 Cr | ₹10.89 Cr | ₹7.76 Cr | ₹11.86 Cr |
| Shareholders' Equity | ₹38.87 Cr | ₹33.10 Cr | ₹22.21 Cr | ₹14.45 Cr |
| Retained Earnings | ₹22.81 Cr | ₹17.04 Cr | ₹19.66 Cr | ₹11.90 Cr |
| Total Debt | ₹24.26 Cr | ₹10.51 Cr | ₹10.59 Cr | ₹11.81 Cr |
ATC Energies IPO Valuation – FY2024
| Key Performance Indicator (KPI) | Value |
|---|---|
| Return on Equity (ROE) | 39.38% |
| Return on Capital Employed (ROCE) | 42.66% |
| EBITDA Margin | 29.61% |
| Profit After Tax (PAT) Margin | 21.27% |
| Debt-to-Equity Ratio | 0.32 |
| Earnings Per Share (EPS) | ₹6.78 (Basic) |
| Price-to-Earnings (P/E) Ratio | NA |
| Return on Net Worth (RoNW) | 39.38% |
| Net Asset Value (NAV) Per Share | ₹20.60 |
ATC Energies IPO Review
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ATC Energies IPO Contact Information
📌 IPO Registrar
📍 KFin Technologies Limited
📞 Phone: 040-67162222, 040-79611000
📧 Email: [email protected]
🌐 Website: KFin IPO Status
💼 IPO Lead Managers (Merchant Bankers)
🏢 Indorient Financial Services Ltd
🏢 Company Address
📍 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: [email protected]
🌐 Website: www.atcgroup.co