AE
ClosedSMEEnergy / Batteries · Lithium-Ion Batteries
ATC Energies System Limited
ATCENERGY·₹112 – ₹118·Opens 2025-03-25
★★★★☆4/5
🔗 Official WebsitePrice Band: ₹112 – ₹118
Issue Size: 63.7625
About the Company
What does this company do?
ATC Energies System Limited manufactures and sells lithium-ion batteries. The company is engaged in production of lithium-ion batteries which are critical components in electric vehicles, energy storage systems, and renewable energy applications.
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
63.7625
5403600
Fresh Issue
51.0185
4323600
Proceeds go to company
OFS
12.744
1080000
Proceeds to selling shareholders
Reservation Structure
QIB (Qualified Institutional Buyers)
50
Up to 60% of QIB portion available for Anchor Investors
NII / HNI (Non-Institutional Investors)
15
Non-Institutional Bidders
RII (Retail Individual Investors)
35
Retail Individual Bidders
Market Maker Reservation
5.03
271200
Reserved for market maker
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | H1 FY26 |
|---|
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
3.59
H1 FY26
EPS — Diluted (₹)
3.59
H1 FY26
P/E Ratio
32.87
At upper band (118) / EPS FY25 (6.78)
RoNW (%)
32.89
PAT FY25 / NetWorth FY25
NAV per Share (₹)
20.60
Pre-issue based on FY25
Debt/Equity
0.317
FY25
EBITDA Margin (%)
28.82
FY25 (1483.81/5151.40)
PAT Margin (%)
21.14
FY25 (1089.16/5151.40)
Revenue CAGR
3.34
FY23-FY25 (331.354 to 512.037)
SWOT Analysis
Internal strengths & weaknesses; external opportunities & threats.
💪Strengths
Growing lithium-ion battery market demand
Established business operations
Reasonable debt-to-equity ratio
⚠️Weaknesses
First public issue with no trading history
SME listing on EMERGE platform limits visibility
Modest size compared to established battery manufacturers
🚀Opportunities
EV adoption driving battery demand
Energy storage and renewable energy transition
Government incentives for battery manufacturing in India
🔥Threats
Raw material supply chain concentration
Global competition in lithium-ion batteries
Technological disruption in battery chemistry
Currency fluctuations affecting raw material costs
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Growing demand for lithium-ion batteries driven by EV adoption and renewable energy transition
✓
Young and dynamic company with modern manufacturing capabilities
✓
Strong promoter backing with established business acumen
✓
Operating in high-growth lithium battery sector
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
98.1872.07
1.8227.93
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
Supply chain vulnerability to critical raw materials like lithium, nickel, cobalt, graphite
⚠
Intense competition in lithium-ion battery manufacturing
⚠
Dependence on global supply chains concentrated in few countries
⚠
Technology obsolescence risk in rapidly evolving battery sector
⚠
First public issue with no prior trading history
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Should You Apply?
ATC Energies System Limited is a lithium-ion battery manufacturer operating in the high-growth battery sector driven by EV adoption and renewable energy transition. The company shows healthy profitability with PAT margins around 21% and reasonable debt-to-equity of 0.32. Trading at P/E of 32.87x FY25 EPS on the upper price band, the valuation appears stretched; however, strong growth potential in batteries combined with government support for battery manufacturing and low promoter dilution offer attractive listing gains opportunity for short-term investors. Long-term investors should monitor raw material supply chain risks and competitive intensity.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
IPO Opens
2025-03-25
🔒
IPO Closes
2025-03-27
🏛️
Listing
2025-04-02
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
Indorient Financial Services
Registrar to the Issue
📋
KFIN Technologies Limited
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
ATC Energies System Limited
CIN
U31909MH2020PLC345131
Registered Office
Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal IN AR, Off MC Rd., Andheri East, Mumbai – 400 093, Maharashtra, India
Contact Person
Kiran Honnaya Shettigar
Phone
+91 7208878270
Email
cs@atcgroup.coWebsite
www.atcgroup.co