Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ATC Energies IPO
Price Band
₹112.0–118.0
Issue Size
₹63.76 Cr
Lot Size
1,200 shares
Min Investment
₹141,600
GMP
+₹4.0 (3.39%)
Issue Price
₹118.0
Subject to Sauda
₹3600
Paid only if allotted
ATC Energies IPO AI Summary
- ATC Energies IPO is listed on NSE SME.
- Price band: ₹112.0–₹118.0 per share, lot size 1,200 shares (min. investment ₹141,600).
- Subscription window: 25 Mar–27 Mar 2025, listing on 02 Apr 2025.
- Current GMP is +₹4.0 (3.39%), an estimated listing price of ₹122 — unofficial and can change daily.
ATC Energies System Limited is an emerging player in the energy sector with a focus on lithium and Li-ion battery production. The company has shown fluctuating financial performance, and its IPO offers investors a chance to participate in its growth, albeit with associated risks.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
ATC Energies IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 27 Mar 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
ATC Energies IPO Grey Market Premium (GMP) Today
GMP
+₹4.0
GMP %
+3.39%
Est. Listing
₹122.0
Updated: 25 Jul 2026 14:30
About the Company
Incorporated in 2020, ATC Energies System Limited is a company that operates in the energy sector, focusing on providing energy solutions, products, and services. The company produces and supplies efficient, low-cost lithium and Li-ion batteries, offering integrated energy storage solutions for industries like banking, automobiles, and other end users. The company started by producing mini batteries for the banking industry and now manufactures batteries of all sizes, offering customized solutions for various industries and applications through in-house design and engineering. The company’s registered office is in Mumbai, with factories in Vasai, Thane, and Noida. These factories house advanced equipment for battery assembly, including temperature chambers, welding systems, and testers. Products:v The company provides products for various industries: Banking: POS machines, ATMs Automobiles: Electric vehicles, two/three-wheelers Industrial UPS, Energy storage systems, and Weighing scales. As of February 28, 2025, the company had 81 employees out of which approximately 33% were women. Competitive Strengths: Diversified product portfolio catering to various industries / end-use applications offering diverse solutions. Focus on quality and performance. Experienced Leadership and Workforce Team Stable financial performance
Company Financials (₹ Cr)
As of 2024-09-30
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 71.82 | 50.00 | 40.72 | 36.05 |
| Total Income | 22.57 | 51.51 | 33.22 | 36.52 |
| Profit After Tax | 5.77 | 10.89 | 7.76 | 11.86 |
| NET Worth | 38.87 | 33.10 | 22.21 | 14.45 |
| Reserves and Surplus | 22.81 | 17.04 | 19.66 | 11.90 |
| Total Borrowing | 24.26 | 10.51 | 10.59 | 11.81 |
Key Ratios
EPS
₹6.78
NAV
₹20.60
ROE
39.38%
ROCE
42.66%
RoNW
39.38%
P/B Value
5.73
P/E Ratio
17.4
Market Cap
₹240.59 Cr
PAT Margin
21.27%
Debt/Equity
0.32
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| High Energy Batteries (india) Ltd. | 97.85 | 21.29% | 26 | 19.14 |
| Eveready Industries India Ltd. | 53.2 | 18.91% | 36.08 | 9.18 |
| ATC Energies System Limited This IPO | 20.6 | 39.38% | 17.4 | 6.78 |
Promoters
Sandeep Gangabishan Bajoria
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment and/or pre-payment, in full, the borrowing availed by the Company with respect to purchase of the Noida factory 9.53 2 Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at the Noida factory 6.72 3 Funding the capital expenditure requirement towards IT upgradation at the Noida factory and Vasai factory and the registered office 7.47 4 Funding working capital requirements of the Company 9.50 5 General Corporate Purposes 10.58 6 Issue Expenses 9.03 Total 52.82
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹36.52 Cr in the period ending 31 Mar 2022, decreasing to ₹33.22 Cr by 31 Mar 2023, then rising to ₹51.51 Cr by 31 Mar 2024, before dropping to ₹22.57 Cr in the most recent period ending 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was ₹11.86 Cr in the period ending 31 Mar 2022, declining to ₹7.76 Cr by 31 Mar 2023, then increasing to ₹10.89 Cr by 31 Mar 2024, before falling to ₹5.77 Cr in the most recent period ending 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Priced at roughly 17.4 times trailing earnings, versus peers trading at P/E ratios ranging from 26 to 36.08.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists on the stock exchange. A positive GMP suggests that the IPO may list at a higher price than the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse might want to avoid this IPO, as it could experience fluctuations in performance and market sentiment.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may list at a premium to their issue price, others may not. Factors influencing listing performance include market conditions, investor sentiment, and the company's financial health.
This evaluation is generated from ATC Energies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is ATC Energies IPO GMP today?
ATC Energies IPO GMP today is +₹4.0 (3.39%), indicating an estimated listing price of ₹122. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of ATC Energies IPO?
The price band of ATC Energies IPO is ₹112.0–₹118.0 per share.
When does ATC Energies IPO open and close?
ATC Energies IPO opens on 25 March 2025 and closes on 27 March 2025.
When does ATC Energies IPO list on the stock exchange?
ATC Energies IPO listed on 02 April 2025 at ₹122.0.
What is the lot size for ATC Energies IPO?
The lot size for ATC Energies IPO is 1200 shares, requiring a minimum investment of ₹141,600.
What is the price band for the IPO?
The price band for the IPO is ₹112.0 to ₹118.0.
What is the minimum investment amount?
The minimum investment amount is ₹141,600.
What is the lot size for this IPO?
The lot size for this IPO is 1200 shares.
When does the IPO open and close?
The IPO opens on March 25, 2025, and closes on March 27, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
25 Mar 2025
Close
27 Mar 2025
Allotment
28 Mar 2025
Listing
02 Apr 2025
Similar IPOs
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for ATC Energies?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.