ATC Energies IPO subscribed 1.61 times overall on the last day, a retail quota was subscribed over 2.49 times, NII was subscribed over 0.81 times, and QIB was subscribed over 1.38.
ATC Energies IPO Details
The ATC Energies IPO got approval from SEBI for an IPO of ₹63.76 crores via IPO that mixture of fresh issue of ₹51.02 crores and offer for sale up to 10,80,000 equity shares with a face value of ₹10 each.
Further, it had a set price band between ₹112 to ₹118 per share.
In the ATC Energies IPO, 1200 shares were in 1 lot size for the retail minimum and maximum categories.
Moreover, 2400 shares were in 2 lot sizes for the S-HNI category.
To invest in the ATC Energies IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,41,600.
- SHNI (S-HNI): Minimum investment of ₹2,83,200.
ATC Energies IPO’s Subscription Duration
ATC Energies’ IPO subscription started on March 25, 2025, and closed on March 27, 2025. The ATC Energies IPO allotment date was March 28, 2025, and they received a refund on April 1, 2025. ATC Energies IPO listing is on April 2, 2025.
ATC Energies IPO’s Funds Deployment
- Repaying or paying off the loan taken by the company for purchasing the Noida factory.
- Funding capital expenses for refurbishing, civil work, and upgrades at the Noida factory.
- Funding capital expenses for IT upgrades at both the Noida and Vasai factories, as well as the registered office.
- Meeting the company’s working capital needs.
- General corporate purposes.
About ATC Energies IPO Company
ATC Energies System, founded in 2020, is a leading company in the energy sector. It focuses on producing and supplying affordable lithium-ion batteries and provides fully integrated energy storage solutions.
Their products cater to a diverse range of industries, including banking (POS machines, ATMs), automotive (Electric vehicles, two/three-wheelers), Industrial UPS, Energy storage systems, and weighing scales. Initially, ATC Energies started its business by producing mini-size batteries up to 100Wh mainly for the banking industry for POS and ATM Machines.
ATC Energies IPO Company Financial Report
The company earned ₹51.51 crores in revenue in 2024, compared to ₹33.22 crores in 2023. It reported a profit of ₹10.89 crores in 2024, up from ₹7.76 crores in 2023.
