Listed
ATC Energies System Limited IPO
ATC Energies IPO is a book built issue of 54.04 lakh shares. The issue is a combination of fresh issue of 43.24 lakh shares and offer for sale of 10.80 lakh shares. ATC Energies IPO opens for subscription on March 25, 2025 and closes on March 27, 2025. The allotment for the ATC Energies IPO is expected to be finalized on Friday, March 28, 2025. ATC Energies IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, April 2, 2025.
Min Investment
₹1,41,600
Lot Size
1,200 Shares
Price Range
₹118
Issue Size (₹ Cr.)
₹63.76 Cr Approx
IPO Type
buyback, SME
Key Metrics
Face Value
₹ 10 per share
GMP
Subscription
1.61x
EPS
₹ 6.78(Basic)
P/E Ratio
17.4 x
RoNW
39.38%
ROE
39.38%
Debt to Equity (₹ Cr.)
0.32
Timeline
IPO Opened25/03/2025Tuesday
IPO Closed27/03/2025Thursday
Allotted28/03/2025Friday
Refunded01/04/2025Tuesday
Listed02/04/2025Wednesday
Strengths
- Debt Reduction Strategy – IPO proceeds aimed at reducing borrowings, improving financial stability.
- Expansion & Upgradation – Investments in factory refurbishment and IT infrastructure to enhance efficiency.
- Strong Industry Demand – Operates in the growing energy solutions sector, benefiting from rising demand.
- Experienced Management – Led by a skilled team with expertise in energy systems and manufacturing.
- Improved Operational Capacity – Factory enhancements will boost production and operational efficiency.
Weaknesses
- High Dependence on Borrowings – Previous reliance on debt, though being reduced, indicates financial strain.
- Capital-Intensive Business – Requires significant investment in infrastructure and technology upgrades.
- Competitive Market – Faces competition from well-established energy solutions providers.
- Operational Risks – Factory refurbishment and IT upgrades may face delays or cost overruns.
- SME IPO Volatility – Being a small-cap IPO, stock liquidity and price stability may be uncertain.
Financials
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets(₹Cr) | 71.82 | 50 | 40.72 | 36.05 |
| Revenue(₹Cr) | 22.57 | 51.51 | 33.22 | 36.52 |
| Profit After Tax(₹Cr) | 5.77 | 10.89 | 7.76 | 11.86 |
| Net Worth(₹Cr) | 38.87 | 33.1 | 22.21 | 14.45 |
| Reserves and Surplus(₹Cr) | 22.81 | 17.04 | 19.66 | 11.9 |
| Total Borrowing(₹Cr) | 24.26 | 10.51 | 10.59 | 11.81 |
Subscription Details
IPO Bidding Live Updates from NSE SME
| Day | # of Share Offered | Number of Lots Offered | 25/03/2025 | 26/03/2025 | 27/03/2025 |
|---|---|---|---|---|---|
| QIB | 6,16,800 | 514 | 0.76x | 0.76x | 1.38x |
| NII | 17,96,400 | 1497 | 0.21x | 0.46x | 0.81x |
| RII | 17,96,400 | 1497 | 0.80x | 1.57x | 2.49x |
| Total | 42,09,600 | 3508 | 0.54x | 0.98x | 1.61x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 6,16,800 | 8,53,200 | 10.07 | ||
| NII | 17,96,400 | 14,62,800 | 17.26 | ||
| RII | 17,96,400 | 44,71,200 | 52.76 | ||
| Total | 42,09,600 | 67,87,200 | 80.09 |
Company Details
- Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal IN AR, Off MC Rd., Andheri East, Mumbai 400093
+91 7208878270
- cs@atcgroup.co
- http://www.atcgroup.co/
Registrar Details
- N/A
04067162222, 04079611000
- aesl.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
