Question 1: What is the overview of the Company ?

1. Industry & Growth Potential
   • Operates in the lithium and lithium-ion battery sector, which is expanding due to increasing demand from electric vehicles (EVs), industrial applications, and energy storage systems.
   • Initially focused on small batteries for banking (POS, ATMs) but has now diversified into multiple industries, including automotive and industrial power solutions.
2. Manufacturing & Capabilities
   • Two manufacturing facilities located in Vasai and Noida, covering 3,160 square meters.
   • Strong in-house design and technology-driven production capabilities ensure quality control and product innovation.
   • Focus on scalable and efficient manufacturing processes to meet growing industry demands.
3. Product Diversification
   • Wide range of lithium and lithium-ion batteries catering to various industries.
   • Key applications include electric vehicles, industrial UPS systems, weighing scales, and banking equipment.
   • Expansion into larger energy storage solutions, positioning itself in the renewable energy sector.
4. Competitive Positioning
   • Differentiates through in-house design capabilities and adherence to quality compliance standards.
   • Competes with established players in the lithium battery market but benefits from a diversified product portfolio.
   • Focuses on research and development to stay ahead in battery technology and industry trends.
5. Market Outlook & Strategic Focus
   • Positioned in a rapidly growing market with increasing reliance on lithium-ion technology across industries.
   • Strategic focus on technology upgrades, product innovation, and expanding industry applications.
   • Potential for long-term growth driven by electrification trends and the global shift towards sustainable energy solutions.

Key Risks & Challenges

• Dependence on raw material sourcing and price fluctuations.
• Competitive pressures from domestic and international battery manufacturers.
• Need for continuous technological advancements to maintain a market edge.

ATC Energies System is well-placed in the lithium battery market with a strong focus on technology, quality, and diversified industry applications.

Question 2: Who are the promoter of the Company?

Mr. Sandeep Gangabishan Bajoria is the Chairman and Managing Director of the Company. He holds a Bachelor’s Degree in Commerce from the University of Bombay (1995). He Currently oversees business strategies and marketing in the Company.

Mr. Piyush Vijay kumar Kedia is the Executive Director and Chief Financial Officer (CFO) of the Company. He holds a Bachelor’s Degree in Commerce from the University of Bombay in 1995. He also qulafied as a Chartered Accountant from the Institute of Chartered of India(ICAI) in 1997.

Mr. Nilesh Victor Correia is the Non-Executive Director of the company. He completed his Bachelor’s Degree in Science from the University of Bombay in 1995 and Degree in Master of Marketing Management from the University of Mumbai in 2008.

Quesiton 3: How Company performed in the past?

Question 4: How much money is the Company raising and why ?

In the IPO, the company is offering 54.03 Lakh shares, priced at INR 112-118 per share, aggregating to total of INR 63.76 Cr.

with a lot size of 1200 shares. For the Purpose of.

Repayment of the borrowing available by the Company with respect to purchase of Noida factory – INR 9.52 Cr.

Funding the capital expenditure requirements towards IT upgradation at Noida factory and Vasai factor and registered Office – INR 7.46 Cr.

Funding working capital requirements- INR 9.50 Cr.

Offer for sale – INR 12.74 Cr

General Corporate Purpose – INR 17.82 Cr

Question 5: Valuation of the company and comparison with other companies

Strength

Diverse Product Portfolio – Offers lithium and Li-ion battery solutions across banking, automotive, and industrial sectors, ensuring broad market reach.

Quality & Performance Focus – Advanced manufacturing facilities with cutting-edge technology ensure high-quality, efficient, and reliable energy solutions.

Strong Leadership & Skilled Workforce – Led by experienced professionals, with a dedicated team driving innovation and operational excellence.

Weakness

Supply Chain Vulnerability – The company’s reliance on critical raw materials like lithium, nickel, cobalt, graphite, and manganese makes it susceptible to supply shortages and price fluctuations, potentially impacting profitability.

Lack of Supplier Contracts – The absence of long-term contracts or exclusive supplier agreements increases the risk of cost escalations, material shortages, or quality issues, which could disrupt production and operations.

Customer Concentration Risk – A substantial portion of revenue comes from two Promoter Group entities (Agarwal Trading Company & Hind Industries), making the company vulnerable to order reductions and potential conflicts of interest, which could adversely impact financial stability

Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: aesl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Contact Information

• Head Office: Unit No. 3, New India Industrial Estate, Mahal Industrial Area, Off M.K.C. Road, Opp. Paper Box Factory, Andheri East, Mumbai – 400093, Maharashtra.​
• Phone: +91 91676 48192​
• Email: info@atcgroup.co​

FAQs

1. What is the business focus of ATC Energies System Limited?

ATC Energies System Limited specializes in manufacturing lithium and lithium-ion batteries, serving various sectors such as banking, automotive (electric vehicles), industrial UPS, energy storage systems, and weighing scales.​

2. When was ATC Energies System Limited founded?

The company was established in September 2020.​

3. Where are the manufacturing facilities of ATC Energies System Limited located?

The company operates two manufacturing units: one in Vasai (Thane) and another in Noida (NCR), covering a combined area of 3,160 square meters.​

4. Who is the promoter of ATC Energies System Limited?

Mr. Sandeep Gangabishan Bajoria, a first-generation entrepreneur with over 25 years of experience in sectors like chemicals, electricals, and industrial equipment, is the promoter of the company.​

5. What is the purpose of the ATC Energies System Limited IPO?

The IPO aims to raise funds for repaying borrowings related to the Noida factory purchase, funding capital expenditures for refurbishments and upgrades at the Noida facility, IT upgrades at both factories, and meeting working capital requirements.​

6. What are the key dates for the ATC Energies System Limited IPO?

• IPO Opening Date: March 25, 2025​
• IPO Closing Date: March 27, 2025​
• Allotment Date: March 28, 2025​
• Listing Date: April 2, 2025​

7. What is the issue size and price for the ATC Energies System Limited IPO?

The IPO consists of 54.04 lakh shares, including a fresh issue of 43.24 lakh shares and an offer for sale of 10.80 lakh shares, with an issue price of ₹118 per share.

8. How can investors apply for the ATC Energies System Limited IPO?

Investors can apply online using either UPI or ASBA as a payment method. ASBA applications can be made through net banking, while UPI applications are offered by brokers.​

9. What is the minimum lot size for the ATC Energies System Limited IPO?

The minimum lot size is 1,200 shares.​

10. Where will the shares of ATC Energies System Limited be listed?

The shares are proposed to be listed on the NSE SME platform.​

For more detailed information, investors are advised to refer to the company’s official communications and consult financial advisors before making investment decisions.