ATC Energies IPO Launches: Check GMP Before Listing

IO_AdminUncategorized3 months ago57 Views

Quick Summary

  • ATC Energies listing: ATC Energies debuted on the NSE SME platform at rs 107 per share,a 9.3% discount from the issue price of Rs 118.
  • IPO Details: The public offering raised Rs 64 crore, which will be allocated for debt repayment, capital expenditures (capex), working capital needs, and other corporate purposes.
  • Company Focus: ATC Energies specializes in producing lithium-ion batteries for industries such as banking and automobiles.
  • Operations: The company operates factories in Vasai,Thane,and Noida wiht advanced production facilities spread across approximately 3,160 sq meters. It manufactures both customized and standard lithium-ion batteries through an in-house design and engineering team.
  • Product Portfolio: Initially focused on mini-size batteries for POS/ATM machines in banking, the company has expanded to produce small (101-750Wh), medium (751-2,000Wh), large (>2,000Wh), and mini (<100Wh) batteries across multiple applications.
  • Promoter Profile: The company’s founder is a first-generation entrepreneur with over 25 years of experience in chemical, electrical equipment industries.

!ATC Energies produces energy storage solutions


Indian Opinion Analysis

The debut of ATC Energies at a discounted price reflects mixed investor sentiment towards new entrants on India’s SME stock exchange. While oversubscription highlights steady interest from retail investors toward burgeoning sectors like green technology and energy storage solutions-especially amid growing demand for lithium-ion batteries-the modest subscription levels relative to peers could suggest cautious optimism around IPO valuations or market potential.

With strategic investments directed at repaying debts and scaling operations via capex improvements across three Indian manufacturing hubs located strategically near major urban centers (Vasai-Thane-noida industrial corridor)-the firm positions strongly within sustainability narratives promoting making region-captivity solution such localized intra-supplychain

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