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.

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📅 9 months ago

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.

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📅 8 months ago

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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