ATC Energies System Limited (NSE SME)

Mar 25, 2025 - Mar 27, 2025

Price ₹112 - ₹118
Premium ₹4
Lot size 1200
Allotment Mar 29, 2025
Listing Apr 2, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1200 141600 1497
HNI 2 2400 283200 1497

Last updated on 27-Mar-2025 18:19:02

CategoryOfferedAppliedTimes
QIB6168008532001.38
NIB179640014628000.81
RETAIL179640044712002.49
Total420960067872001.61
Application Wise Breakup
CategoryApp. Received
QIB5
NIB294
RETAIL3726
Total4025
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIB7.2810.071.38
NIB21.217.260.81
RETAIL21.252.762.49
Total49.6780.091.61
QIB Interest Cost Per Share (7 Days)
@7%
₹0.2
@8%
₹0.2
@9%
₹0.3
@10%
₹0.3
@11%
₹0.3
@12%
₹0.4
HNI Interest Cost Per Share (7 Days)
@7%
₹0.1
@8%
₹0.1
@9%
₹0.2
@10%
₹0.2
@11%
₹0.2
@12%
₹0.2
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.24%1796400
NII (HNI)33.24%1796400
Anchor17.08%922800
QIB11.41%616800
Market Maker5.02%271200
Total 100.00%5403600

ATC Energies IPO Details

Issue Size54,03,600 shares
(aggregating up to ₹[63.76] Cr)
Fresh Issue43,23,600 shares
(aggregating up to ₹[51.02] Cr)
Offer for Sale10,80,000 shares of ₹10
(aggregating up to ₹[12.74] Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue1,60,65,000 shares
Share Holding Post Issue2,03,88,600 shares
Market Maker Portion2,71,200 shares
Market MakerAlacrity Securities

Key Performance Indicator (KPI)

KPISep-24Mar-24Mar-23
ROE16.04%39.38%42.31%
ROCE16.11%42.66%42.91%
RONW16.04%39.38%42.31%
EPS
(basic)
3.596.784.83
P/E Pre IPO17.4
P/E Post IPO20.84

Company Financials In Crores

Period EndedSep-24Mar-24Mar-23Mar-22
Assets71.850.040.736.1
Revenue22.651.533.236.5
Profit After Tax5.810.97.811.9
Net Worth38.933.122.214.5
Reserves and Surplus22.817.019.711.9
Total Borrowing24.310.510.611.8

About Company

Incorporated in 2020, ATC Energies System Limited operates in the energy sector, specializing in lithium and Li-ion batteries and integrated energy storage solutions for industries such as banking, automobiles, and industrial applications. The company initially focused on manufacturing mini batteries for the banking sector and has since expanded to produce batteries of all sizes, offering customized solutions through in-house design and engineering. Its product portfolio includes batteries for POS machines and ATMs in banking, electric vehicle batteries for two/three-wheelers in the automobile sector, and power solutions for industrial UPS, energy storage systems, and weighing scales. The company’s registered office is in Mumbai, with manufacturing facilities in Vasai, Thane, and Noida, equipped with advanced battery assembly technology, including temperature chambers, welding systems, and testers. As of February 28, 2025, ATC Energies System Limited employed 81 people, with approximately 33% being women, reflecting its commitment to a diverse workforce.

Lead Manager(s)
Indorient Financial Services Ltd 
Strength

Diverse Product Portfolio – Offers lithium and Li-ion battery solutions across banking, automotive, and industrial sectors, ensuring broad market reach.

Quality & Performance Focus – Advanced manufacturing facilities with cutting-edge technology ensure high-quality, efficient, and reliable energy solutions.

Strong Leadership & Skilled Workforce – Led by experienced professionals, with a dedicated team driving innovation and operational excellence.

Weakness

Supply Chain Vulnerability – The company's reliance on critical raw materials like lithium, nickel, cobalt, graphite, and manganese makes it susceptible to supply shortages and price fluctuations, potentially impacting profitability.

Lack of Supplier Contracts – The absence of long-term contracts or exclusive supplier agreements increases the risk of cost escalations, material shortages, or quality issues, which could disrupt production and operations.

Customer Concentration Risk – A substantial portion of revenue comes from two Promoter Group entities (Agarwal Trading Company & Hind Industries), making the company vulnerable to order reductions and potential conflicts of interest, which could adversely impact financial stability.

Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: aesl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/