ATC Energies System IPO listing: Shares of ATC Energies System Limited, a battery maker, debuted on the NSE SME platform (NSE Emerge) on Wednesday, April 2, 2025, at ₹107 per share. This marked a decline of over 9.32% from its issue price of ₹118 per share, reflecting a negative start for the stock.
The IPO, which aimed to raise ₹63.76 crore, had been subscribed 1.61 times overall, with strong retail interest at 2.49 times, but the listing performance indicates a weaker-than-expected market reception on debut day. This aligns with the volatility often seen in SME IPOs, where initial trading can deviate significantly from pre-listing expectations, such as the grey market premium (GMP) of ₹5 (suggesting a listing around ₹123) reported prior to the debut.
| Listing Date | 2 April 2025 |
| Issue Price | ₹118 Per Share |
| Listing Price | ₹107 |
| Listing Loss | 9.32% |
ATC Energies System IPO details
ATC Energies IPO will open on 25 March 2025 and close on 27 March 2025, with allotment finalized on 28 March 2025. The IPO, priced between ₹112 to ₹118 per share, is a book-built issue of ₹63.76 crores, consisting entirely of a fresh issue of 43.24 lakh shares. The listing is scheduled for 02 April 2025 on the NSE platform.
Highlights:
- IPO dates: 25 March 2025 – 27 March 2025
- Allotment date: 28 March 2025
- Listing date: 02 April 2025 (NSE)
- Issue size: ₹63.76 crores
- Fresh issue: 43.24 lakh shares
- Price band: ₹112 – ₹118 per share
- Lot size: 1,200 shares
- Minimum investment: ₹1,41,600 (retail investors)
- 2024 revenue: ₹51.51 crores (vs. ₹33.22 crores in 2023)
- 2024 profit: ₹10.89 crores (vs. ₹7.76 crores in 2023)
ATC Energies System IPO Overall Subscription
ATC Energies System IPO subscribed 1.61x. The public issue subscribed 2.49x in the RII category, 1.38x in QIB, and 0.81x in the NII category.
| Category | Subscription |
|---|---|
| QIB | 1.38 |
| NII | 0.81 |
| Retail | 2.49 |
| Total | 1.61 |
About ATC Energies System Ltd. Company
ATC Energies System, established in 2020, is a leading manufacturer and supplier of lithium-ion batteries, offering cost-effective and efficient energy storage solutions. The company serves multiple industries, including banking (POS machines, ATMs), automotive (EVs, two/three-wheelers), industrial UPS, energy storage systems, and weighing scales.
With manufacturing facilities in Vasai, Thane, and Noida, ATC Energies operates across a 3,160 sq. mt. infrastructure, integrating advanced technology for development, assembly, and quality testing. Initially focusing on mini-sized batteries (up to 100Wh) for banking applications, the company has expanded to small, medium, and large batteries, catering to diverse industrial needs.
ATC Energies specializes in low-cost lithium and li-ion batteries, ensuring fully integrated energy storage solutions. While global lithium reserves are abundant, high-grade deposits are primarily found in Argentina, Australia, Chile, and China. As of February 2025, the company employs 81 people, with 33% being women.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
