ATC Energies System Ltd IPO

ATC Energies System Ltd IPO

ATC Energies System Limited, incorporated in September 2020, is dedicated to providing efficient and affordable lithium and li-ion batteries. With factories in Vasai, Thane, and Noida, NCR, the Company utilizes advanced technology and quality testing infrastructure over a combined area of 3,160 sq. mt. Mr. Sandeep Bajoria, a first-generation entrepreneur with 25 years of experience, leads the company. Initially supplying mini batteries for the banking industry, ATC Energies has expanded its product range to include batteries of all sizes for various industries. The Company adheres to strict safety and quality standards, holding multiple ISO certifications and RoHS compliance.

ATC Energies System Ltd IPO Details

Total Shares Offered

₹ 54,03,600

Offer to Public

10,80,000

Retail Max (Shares)

₹ 17,96,400

Pre Issue Promoters Holding

₹ 1,54,51,380

Exchange

NSE

Issue size

₹ 63.76 Cr

IPO Open Date

Mar 25, 2025

Close Date

Mar 27, 2025

Lot Size

1200

Min Investment

₹ 1,34,400

Issue Type

Book Building - SME

Listing Date

Apr 2, 2025

ATC Energies System Ltd IPO Dates

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Mar 25, 2025
Opening date
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Mar 27, 2025
Closing date
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Mar 28, 2025
Basis of Allotment
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Apr 1, 2025
Initiation of Refunds
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Apr 1, 2025
Credit of Shares
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Apr 2, 2025
Listing date

Details

SectorType
SectorDry Cells
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

ATC Energies System Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations14.9914.7711.05
EBITDA16.3516.0112.14
PAT11.3810.497.76
Total Assets133.0742.4032.88
Share Capital20.3916.072.55
Total Borrowings26.647.548.20
Operating Activities (Net Cash)12.7411.738.85
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)26.647.548.20
Net Cashflow69.443.101.56

About ATC Energies System Ltd

ATC Energies System Limited was incorporated as `ATC Energies System Private Limited' a private limited company under the Companies Act, 2013, pursuant to the certificate of incorporation issued by the RoC on September 2, 2020. The name of the Company was subsequently changed to `ATC Energies System Limited', upon conversion into a public company, pursuant to a board resolution dated February 20, 2024 and a shareholder resolution dated February 21, 2024, and a fresh certificate of change of name was issued on May 1, 2024 by the Registrar of Companies, CPC.

The lithium-ion battery industry is experiencing rapid growth, revolutionizing power sources from electric vehicles to consumer electronics. The global market for these batteries surged to an estimated USD 64.8 billion in 2023 from USD 40 billion in 2019, reflecting a compound annual growth rate (CAGR) of 13%. The market is projected to continue its exponential expansion, reaching over USD 146 billion by 2028, with a projected CAGR of 17.6%. This impressive growth trajectory highlights the critical role of lithium-ion batteries in advancing the clean energy transition and shaping the future of energy.

ATC Energies System Limited, incorporated in September 2020, is dedicated to providing efficient and affordable lithium and li-ion batteries. With factories in Vasai, Thane, and Noida, NCR, the Company utilizes advanced technology and quality testing infrastructure over a combined area of 3,160 sq. mt. Mr. Sandeep Bajoria, a first-generation entrepreneur with 25 years of experience, leads the company. Initially supplying mini batteries for the banking industry, ATC Energies has expanded its product range to include batteries of all sizes for various industries. The Company adheres to strict safety and quality standards, holding multiple ISO certifications and RoHS compliance.

Peer Comparison:

  • Eveready Industries India Ltd
  • High Energy Batteries (India) Ltd

ATC Energies System Ltd Key Points

Strengths

Diversified Product Portfolio catering to a wide range of industries / end use applications.

In-house Designing Capabilities using advanced machines and manpower.

Focus on Quality Compliance, Control and Quality Standards.

Experienced Leadership team.

Risk

The lithium battery industry is vulnerable to supply chain disruptions caused by its reliance on a few critical raw materials like lithium, nickel, cobalt, graphite, and manganese, which, if disrupted, can lead to shortages and higher costs and adversely impact its profitability.

The company does not have long term contracts or exclusive arrangements with any of its suppliers, and a significant increase in the cost of, or a shortfall in the availability, or deterioration in the quality, of such input materials could have an adverse effect on its business and results of operations.

The company is dependent on, and derives a substantial portion of its revenue from, two customers, namely M/s Agarwal Trading Company and M/s. Hind Industries - both categorised as Promoter Group entities. Reduction in orders from these customers could have a material adverse effect on its business, results of operations and financial condition. The dependency on these two customers may lead to real or potential conflicts of interest for the Company.

Strategy

Expand scale of business operations and improving operational efficiencies.

Expand geographical footprint.

New inclusions in company's product portfolio.

Widening key customer base by focusing on marketing.

How To Apply for ATC Energies System Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the ATC Energies System Ltd IPO?

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ATC Energies System Ltd's IPO offers shares for up to 51.02 It begins on Mar 25, 2025 and ends on Mar 27, 2025.

What is the price of the ATC Energies System Ltd IPO?

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The price of ATC Energies System Ltd IPO ranges between ₹112 to ₹118 per share.

What are the open and close dates for the ATC Energies System Ltd IPO?

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The ATC Energies System Ltd IPO opens on Mar 25, 2025 and closes on Mar 27, 2025.

When will the ATC Energies System Ltd IPO be allotted?

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The allotment for the ATC Energies System Ltd IPO will be finalised on Mar 28, 2025. The shares will be listed on BSE and NSE on Apr 2, 2025.

What is the minimum lot size required for ATC Energies System Ltd IPO?

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The minimum lot size for ATC Energies System Ltd IPO is 1200 shares, priced between ₹112 to ₹118 per share.

What is the GMP of ATC Energies System Ltd IPO?

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The GMP (Grey Market Premium) of ATC Energies System Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of ATC Energies System Ltd IPO?

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To check the allotment status of ATC Energies System Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the ATC Energies System Ltd IPO getting listed?

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The ATC Energies System Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 25, 2025, and closes on Mar 27, 2025. The allotment is finalised on Mar 28, 2025.

How do you apply for the ATC Energies System Ltd IPO?

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To apply for the ATC Energies System Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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