The IPO contains as much as 54,03,600 fairness shares of face worth Rs 10 every, which features a contemporary difficulty of 43,23,600 fairness shares and a proposal on the market of 10,80,000 fairness shares.
Listed below are the important thing particulars:
ATC Energies System IPO value band
The providing might be accessible in a value band of Rs 112 to Rs 118 per share, with a minimal lot dimension of 1,200 fairness shares.
GMP of ATC Energies forward of IPO
Forward of the difficulty opening, the shares are buying and selling at a gray market premium (GMP) of Rs 0 within the unlisted market.
Use of proceeds
The web proceeds from the IPO might be used for a number of functions. A portion will go in the direction of the compensation and pre-payment, in full, of borrowings availed for the acquisition of the Noida manufacturing unit, together with land and constructing.Funds may even be allotted to capital expenditure necessities for refurbishment, civil work, and upgrades on the Noida manufacturing unit. Moreover, the corporate will use a part of the proceeds for IT infrastructure upgrades at each the Noida and Vasai factories, in addition to on the registered workplace.
A portion of the proceeds may even be used to satisfy the corporate’s working capital necessities. The remaining funds might be utilized for basic company functions.
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Fairness share allocation
The Certified Institutional Consumers (QIB) anchor portion has been allotted as much as 9,22,800 fairness shares. As much as 6,16,800 fairness shares have been reserved for Certified Institutional Consumers (QIBs).
A minimal of 17,96,400 fairness shares has been allotted to Non-Institutional Buyers (NIIs) whereas a minimal of 17,96,400 fairness shares has been reserved for Retail Particular person Buyers (RIIs).
Moreover, as much as 2,71,200 fairness shares have been allotted to the Market Maker.
E book working lead supervisor and registrar
The E book Operating Lead Supervisor (BRLM) to the difficulty is Indorient Monetary Companies whereas the registrar to the difficulty is KFIN Applied sciences.
Key dates for ATC Energies IPO
The Anchor E book for the ATC Energies System IPO will open on March 24, 2025. The IPO will open for public subscription on March 25 and can shut on March 27. The share allotment might happen on March 28 and the tentative itemizing of shares can happen on April 2.
About ATC Energies
ATC Energies System is among the main producers and assemblers of superior lithium-ion battery options, driving the transition in the direction of sustainable power storage. Established in 2020, the corporate has quickly advanced right into a trusted supplier of high-performance, customizable power options, serving a various vary of industries.
With a robust basis in innovation, high quality, and customer-centricity, ATC Energies initially catered to the banking sector however has since expanded its attain to electrical autos (EVs), renewable power, industrial automation, and telecom. At present, it proudly serves over 250 company and retail clients, reinforcing its repute for reliability and technological excellence.
ATC Energies monetary efficiency
In FY24, the corporate achieved a income of Rs 5,120.37 lakh, EBITDA of Rs 1,516.35 lakh, and a PAT of Rs 1,089.16 lakh. As of September 2024, the corporate achieved a income of Rs 2,249.41 lakh, EBITDA of Rs 817.82 lakh and a PAT of Rs 577.15 lakh.
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