ATC Energies System Limited, established in 2020, specializes in manufacturing and supplying lithium-ion batteries for various sectors, including banking (POS machines, ATMs), automotive (electric vehicles, two/three-wheelers), industrial UPS, energy storage systems, and weighing scales. ATC Energies System Limited is launching its ATC Energies System Limited IPO.
The company operates facilities in Vasai, Thane, and Noida, equipped with advanced technology and in-house development, assembly, and quality testing infrastructures.
IPO Details:
- Opening Date: March 25, 2025
- Closing Date: March 27, 2025
- Allotment Finalization Date: March 28, 2025
- Refunds Initiation Date: March 29, 2025
- Shares Credit to Demat Accounts: April 1, 2025
- IPO Listing Date (Tentative): April 2, 2025
- Price Band: ₹112 to ₹118 per share
- Issue Size: Approximately ₹63.76 crores, comprising a fresh issue of ₹51.02 crores and an offer for sale of up to 10,80,000 equity shares with a face value of ₹10 each
- Lot Size: 1,200 shares
- Minimum Investment: ₹1,41,600
The IPO allocation is structured as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for Retail Individual Investors (RIIs).
Financially, ATC Energies reported a revenue of ₹51.51 crores in 2024, up from ₹33.22 crores in 2023, with profits increasing to ₹10.89 crores from ₹7.76 crores over the same period. These figures suggest a positive growth trajectory, making the IPO a potential consideration for long-term investors.
Investors can apply for the IPO online using either UPI or ASBA as payment methods. The allotment of shares is expected to be finalized on March 28, 2025, with shares credited to demat accounts by April 1, 2025.
ATC Energies System Limited’s registered office is located at Unit No. 3, Plot No. 33, New India Industrial Estate, Andheri East, Mumbai – 400093, Maharashtra, India.
Who is the Promoters of ATC Energies System Limited
ATC Energies System Limited, established in 2020, specializes in manufacturing lithium-ion batteries for various applications, including electric vehicles and energy storage systems.
The company’s board of directors comprises six members:
- Piyush Vijaykumar Kedia
- Shankar Goenka
- Sandeep Gangabishan Bajoria
- Asha Piyush Kedia
- Nilesh Victor Correia
- Zubair Rahman
While specific information about the promoters is not explicitly provided in the available sources, it is common for directors, especially those sharing a surname, to also serve as promoters. In this case, Piyush Vijaykumar Kedia and Asha Piyush Kedia may be among the promoters of the company.
For the most accurate and up-to-date information regarding the promoters of ATC Energies System Limited, it is advisable to consult the company’s official filings with the Ministry of Corporate Affairs (MCA) or reach out directly to the company.
ATC Energies System Limited IPO Lot Size
Here is the lot size and investment details for ATC Energies System Limited IPO:
| Category | Lots | Shares | Investment (₹) |
| Retail (Minimum) | 1 | 1,200 | ₹1,41,600 |
| Retail (Maximum) | 1 | 1,200 | ₹1,41,600 |
| HNI (Minimum) | 2 | 2,400 | ₹2,83,200 |
- Minimum lot size: 1,200 shares
- Price Band: ₹112 – ₹118 per share
- Minimum investment for retail investors: ₹1,41,600
About ATC Energies System Limited
Incorporation & Industry:
ATC Energies System Limited was established in 2020 and specializes in manufacturing and supplying lithium-ion batteries for various industries. The company is involved in the design, development, and supply of energy storage solutions catering to the growing demand for electric mobility and power backup systems.
Product & Service Portfolio:
ATC Energies provides lithium-ion battery solutions for multiple sectors, including:
- Banking Sector: Batteries for POS machines, ATMs, and other banking equipment.
- Electric Vehicles (EVs): Lithium-ion battery packs for two-wheelers and three-wheelers.
- Industrial Applications:UPS systems, solar energy storage, and weighing scales.
- Energy Storage Solutions: Batteries for renewable energy storage applications.
The company is known for high-quality battery management systems (BMS) and customized energy solutions based on client requirements.
Manufacturing & Infrastructure:
ATC Energies operates out of manufacturing facilities in Vasai (Maharashtra), Thane, and Noida, where it engages in:
- In-house design, development, and testing of lithium-ion batteries.
- Advanced assembly lines for high-efficiency production.
- Quality control labs ensuring safety and performance of battery packs.
Financial Performance:
The company has shown strong revenue and profit growth in recent years:
Financial Performance:
The company has shown strong revenue and profit growth in recent years:
- FY 2022-23 Revenue: ₹33.22 crores
- 2023-24 Revenue: ₹51.51 crores
- FY 2022-23 Profit: ₹7.76 crores
- 2023-24 Profit: ₹10.89 crores
The company’s growth is driven by the rising demand for energy-efficient and sustainable battery solutions, particularly in the EV and renewable energy markets.
IPO & Expansion Plans:
ATC Energies launched its Initial Public Offering (IPO) in March 2025 to raise funds for:
- Expanding production capacity
- Developing new lithium-ion battery technologies
- Strengthening R&D for future innovations
The IPO listing is expected to further boost the company’s market presence, making it a key player in India’s growing lithium-ion battery industry.
ATC Energies System Limited Financial Information
Here is the financial information of ATC Energies System Limited:
| Financial Year | 2021-22 | 2022-23 | 2023-24 |
| Revenue | ₹19.05 Crores | ₹33.22 Crores | ₹51.51 Crores |
| Profit After Tax | ₹3.65 Crores | ₹7.76 Crores | ₹10.89 Crores |
| EBITDA | ₹4.72 Crores | ₹10.26 Crores | ₹13.21 Crores |
| EPS | ₹2.91 Crores | ₹5.98 Crores | ₹7.48 Crores |
| Net Worth | ₹9.57 Crores | ₹17.33 Crores | ₹28.22 Crores |
Key Highlights:
- Revenue Growth: Increased from ₹19.05 Cr (FY22) to ₹51.51 Cr (FY24).
- Profit Growth: Grew from ₹3.65 Cr (FY22) to ₹10.89 Cr (FY24).
- Strong EBITDA: Improved year over year, showing healthy operational performance.
- EPS (Earnings Per Share): Increased significantly, indicating higher returns for shareholders.
- Net Worth: Shows strong financial stability with a steady increase.
Conclusion:
ATC Energies has demonstrated consistent growth, making it an attractive IPO for investors looking at the lithium-ion battery sector.
Key Performance Indicator
Here are the Key Performance Indicators (KPIs) for ATC Energies System Limited:
| KPI | Values |
| ROE | 39.38% |
| ROCE | 42.66% |
| Debt/Equity | 0.32 |
| RoNW | 39.38% |
| PAT Margin | 21.27 |
| Price to Book Value | 5.73 |
Key Takeaways:
- Consistent revenue and profit growth, showing a strong business model.
- Improving EBITDA margins, indicating better cost control and efficiency.
- High ROE & ROCE, showing the company generates good returns for investors.
- Low debt-to-equity ratio, meaning lower financial risk.
ATC Energies System Limited is showing strong financial and operational performance, making its IPO an attractive opportunity for investors.
Objects of the Issue
he Objects of the Issue for ATC Energies System Limited IPO are:
- Expansion of Manufacturing Facilities – The company aims to enhance its production capacity to meet the increasing demand for lithium-ion batteries.
- Investment in Research & Development (R&D) – Funds will be allocated to improve battery technology, enhance energy efficiency, and develop innovative solutions.
- Working Capital Requirements – A portion of the proceeds will be used to finance day-to-day operational expenses, ensuring smooth business operations.
- Debt Repayment – The company plans to reduce its outstanding borrowings, improving its financial stability and reducing interest costs.
- General Corporate Purposes – Remaining funds will be used for business growth, branding, and other strategic initiatives.
Strengths of ATC Energies System Limited IPO
- Strong Industry Growth Potential – The demand for lithium-ion batteries is rising, especially in EVs, renewable energy storage, and industrial applications, positioning ATC Energies in a high-growth market.
- Consistent Financial Growth – The company has shown steady revenue and profit growth, with increasing EBITDA margins, strong Return on Equity (ROE), and low debt levels.
- Diverse Product Portfolio – ATC Energies serves multiple industries, including electric vehicles, banking (POS/ATMs), UPS systems, and solar energy storage, reducing dependency on any single sector.
- Expansion & R&D Focus – The IPO proceeds will be used to expand production capacity and invest in R&D, ensuring technological advancements and long-term competitiveness.
- Low Debt-to-Equity Ratio – The company maintains financial stability with low debt, making it less vulnerable to economic downturns.
Risks of ATC Energies System Limited IPO
- Highly Competitive Industry – The lithium-ion battery sector is intensely competitive, with established players like Exide, Amara Raja, and international battery manufacturers posing a challenge.
- Raw Material Dependency – The company relies on imported raw materials (lithium, cobalt, nickel), making it vulnerable to global supply chain disruptions and price fluctuations.
- Regulatory & Environmental Risks – The battery manufacturing industry is subject to strict environmental regulations, and any policy changes could impact operations and costs.
- Customer Concentration Risk – If a significant portion of revenue comes from a few key clients, losing them could negatively affect financial performance.
- Technology Obsolescence – The battery industry is evolving rapidly, and failure to innovate or adopt new technologies could make ATC Energies’ products less competitive.
Final Thoughts:
- Strengths: Strong financials, industry demand, and expansion plans make it a promising investment.
- Risks: Market competition, supply chain dependencies, and regulatory challenges require careful consideration.
ATC Energies System Limited Contact Details
- Registered Office: Unit No. 3, Plot No. 33, New India Industrial Estate, Mahal Industrial Area, Off M.C. Road, Opp. Paper Box Factory, Andheri East, Mumbai – 400093, Maharashtra, India.
- Manufacturing Facility: 104, 105, 106, 108, 206, 207 & 208 Aarkay Gold Industrial Estate, Near Blue Bell & Narayani Industrial Estate, Chinchpada, Near Golani Naka, Vasai East, District Palghar – 401208, Maharashtra, India.
- Contact Number: +91 91676 48192
- Email Address: info@atcgroup.co
- Official Website: https://www.atclithiumbatteries.com/
ATC Energies System Limited IPO Registrar
Kfin Technologies Limited is the designated registrar for the ATC Energies System Limited IPO.
Registrar Contact Details:
- Company: Kfin Technologies Limited
- Phone: 040-6716 2222, 040-7961 1000
- Email:aesl.ipo@kfintech.com
For any IPO-related queries or assistance, you can reach out to Kfin Technologies Limited through the provided contact information.
Shri Ahimsa Naturals Limited IPO Review
Desco Infratech IPO Review: Dates, Price, Lot Size & Details
Active Infrastructures Limited IPO Details: Dates, Price Band, and Lot Size
Disclaimer: The content on this website is intended for informational purposes only and should not be interpreted as financial or investment advice. Engaging in stock market activities involves inherent risks, and outcomes can be unpredictable. While we strive to provide accurate and up-to-date information, we do not make any guarantees regarding the completeness or reliability of the content. Any investment decisions you make should be based on your own research and consultation with a qualified financial professional. We are not responsible for any financial gains or losses resulting from actions taken based on the information provided here. Always invest wisely and at your own risk.
