ATC Energies System came to market through an SME IPO that opened on 25 March 2025 and closed on 27 March 2025, and the shares listed on 2 April 2025 on NSE SME. The price band was ₹112 to ₹118 per share and one lot was 1200 shares, so the minimum application was ₹1,41,600. The issue size was ₹63.76 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Kfin Technologies Limited was the registrar to the issue, and Indorient Financial Services Ltd was the lead manager.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Registered in 2020, ATC Energies System Limited is an energy company with the business of offering energy products, solutions, and services.
The company manufactures and distributes efficient and low-cost lithium and Li-ion batteries, with integrated energy storage solutions for various industries such as banking, automotive, and other end users.The firm began with the manufacture of mini batteries for the banking sector and now produces batteries of all sizes, providing customized solutions for many industries and applications based on in-house design and engineering. The registered office of the company is in Mumbai, and there are factories in Vasai, Thane, and Noida.
These factories have sophisticated equipment for battery assembly, such as temperature chambers, welding systems, and testers. The firm offers products for different industries: Banking: POS machines, ATMs Vehicles: Electric cars, two/three-wheelers Industrial UPS, Energy storage systems, and Weighing scales. The company had 81 employees as of February 28, 2025, of which about 33% were women.
As described in the offer document.
| Metric | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
Sandeep Gangabishan Bajoria. Promoter holding 99.57% before the issue.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
ATC Energies System IPO was a ₹63.76 crore book-built issue, comprising a fresh issue of ₹51.02 crore and an offer for sale of ₹12.74 crore. It was priced at ₹112–₹118 per share with a lot size of 1,200 shares (₹1,41,600). The IPO was open from March 25 to March 27, 2025. Shares listed on NSE SME on April 2, 2025 at ₹107, a 9.3% discount to the issue price of ₹118. Kfin Technologies Limited is the registrar.
Indorient Financial Services Ltd is the book running lead manager.
The price band of ATC Energies System IPO is ₹112 to ₹118 per share.
The lot size of ATC Energies System IPO is 1200 shares.
The minimum investment for ATC Energies System IPO is approximately ₹1,41,600 based on the upper price band.
The allotment date of ATC Energies System IPO is Mar 28, 2025.
You can check ATC Energies System IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the ATC Energies System IPO allotment status on Rupix for quick and easy access.
₹112 to ₹118 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,41,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,41,600, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 25 March 2025 and closed on 27 March 2025.
The basis of allotment was published on 28 March 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 April 2025 on NSE SME.
The issue size was ₹63.76 crore. The fresh issue was 43,23,600 shares (aggregating up to ₹51.02 crore). The offer for sale was 10,80,000 shares (aggregating up to ₹12.74 crore).