ATC Energies IPO is a book built issue of Rs 63.76 crores. The issue is a combination of fresh issue of 43.24 lakh shares aggregating to Rs 51.02 crores and offer for sale of 10.80 lakh shares aggregating to Rs 12.74 crores.
ATC Energies IPO bidding opened for subscription on March 25, 2025 and will close 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.
ATC Energies IPO price band is set at ₹112 to ₹118 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,34,400. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,41,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,83,200.
Incorporated in 2020, ATC Energies System Limited operates in the energy sector, specializing in energy solutions, products, and services. The company manufactures and supplies efficient, low-cost lithium and Li-ion batteries, offering integrated energy storage solutions for industries such as banking, automobiles, and other end users.
Initially focused on producing mini batteries for the banking sector, ATC Energies has expanded to manufacturing batteries of all sizes, providing customized solutions through in-house design and engineering. Headquartered in Mumbai, the company operates factories in Vasai, Thane, and Noida, equipped with advanced battery assembly technology, including temperature chambers, welding systems, and testers.
Its product portfolio serves diverse industries, supplying batteries for POS machines and ATMs in banking, electric vehicles and two/three-wheelers in the automobile sector, as well as industrial UPS, energy storage systems, and weighing scales.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.