ATC Energies System IPO Allotment Status

Summary

ATC Energies System Limited, incorporated in 2020, is a company that operates in the energy sector, focusing on providing energy solutions, products, and services. The ATC Energies IPO comes with a total issue size of ₹63.76 crore, comprising a fresh issue of 43.24 lakh shares aggregating to ₹51.02 crore and an offer for sale of 10.80 lakh shares aggregating to ₹12.74 crore. The IPO opened on March 25, 2025, and closed on March 27, 2025. The allotment date for the ATC Energies IPO is expected to be finalized on Friday, March 28, 2025.
 

Steps to Check ATC Energies IPO Allotment Status on Registrar Site

• Visit Kfin Technologies Limited website
• Select "ATC Energies IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check ATC Energies IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "ATC Energies IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

ATC Energies IPO Subscription Status

ATC Energies IPO received moderate investor interest, being subscribed 1.61 times overall. Here is a category-wise breakdown of the subscription as of 6:19:59 PM on March 27, 2025:

• Retail Category: 2.49 times
• Qualified Institutional Buyers (QIB): 1.38 times
• Non-Institutional Investors (NII): 0.81 times

As of 6:19:59 PM

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Debt Repayment: Repayment and/or pre-payment, in full, the borrowing availed by the Company with respect to purchase of the Noida factory
• Capital Expenditure: Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at the Noida factory
• IT Upgradation: Funding the capital expenditure requirement towards IT upgradation at the Noida factory and Vasai factory and the registered office
• Working Capital: Funding working capital requirements of the Company
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

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. ATC Energies 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, with a team of 81 employees as of February 28, 2025.