ATC Energies Disappoints Investors on Market Debut: Stock Hits Lower Circuit After Discounted Listing

IPO Capitalists Experience 13.86% Loss on The First Day as Shares Listed Here Problem Price

New Delhi, April 2, 2025– Service Desk— ATC Energies, a lithium-ion battery producer, supplied a disheartening efficiency on its stock exchange debut, noting at a significant discount and swiftly striking the lower circuit limit on the NSE SME platform.

Listing Recap: Weak Beginning for ATC Energies

• Issue Cost: 118 per share

• Listing Cost: 107 (down 9.32%)

• Intraday Reduced: 101.65 (reduced circuit)

• Day-One Loss for IPO Investors: 13.86%

Following its launching at 107, marketing stress dragged the supply better to 101.65, where it was locked in the reduced circuit, activating a sharp impact for very early capitalists.

Soft IPO Membership Mirrors Warm Sentiment

The IPO, worth 63.76 crore, was open for membership from March 25 to March 27, and the reaction was small:

The IPO consisted of a fresh concern of 51.02 crore and an Offer up for sale (OFS) of 10.80 lakh shares with a stated value of 10.

Use IPO Proceeds

ATC Energies intended to use the elevated funds for:

• Payment of existing loans

• Factory repair and civil upgrades in Noida

• Meeting functioning resources requirements

• General company purposes

Financial Efficiency: Blended Signals

The firm’s economic trajectory has actually revealed inconsistencies over the previous couple of years:

Although there was a healing in earnings in FY24, the listing sentiment appears to have actually been altered by volatile incomes background and modest membership demand.

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