1.Company Information
Incorporated in 2020, ATC Energies System Limited is a company that operates in the energy sector, focusing on providing energy solutions, products, and services.
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.
The company 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. These factories house advanced equipment for battery assembly, including temperature chambers, welding systems, and testers.
Products:v The company provides products for various industries:
Banking: POS machines, ATMs
Automobiles: Electric vehicles, two/three-wheelers
Industrial UPS, Energy storage systems, and Weighing scales.
As of February 28, 2025, the company had 81 employees out of which approximately 33% were women.
2. Strenghts
1) Diversified product portfolio catering to various industries / end-use applications offering diverse solutions.
2) Focus on quality and performance.
3) Experienced Leadership and Workforce Team
4) Stable financial performance
3. Objects of the Issue
The Company ATC Energies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Repayment and/or pre-payment, in full, the borrowing availed by the Company with respect to purchase of the Noida factory 95.28
2. Funding the capital expenditure requirements towards refurbishment, civil and upgradation works at the Noida factory 67.22
3. Funding the capital expenditure requirement towards IT upgradation at the Noida factory and Vasai factory and the registered office 74.69
4. Funding working capital requirements of the Company 95
5. General Corporate Purposes
4.ATC Energies System Limited IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: aesl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/