Past performance
About ATC Energies System Ltd ATC Energies System Limited, established on September 2, 2020, specializes in manufacturing efficient and affordable lithium and li-ion batteries. Initially incorporated as a private limited company, it transitioned to a public limited entity on May 1, 2024. Under the leadership of founder and first-generation entrepreneur Mr. Sandeep Bajoria, the company has evolved from providing mini batteries for the banking sector to offering a wide range of battery solutions for various industries, including agriculture, LED lighting, medical equipment, and oil & gas testing.
The company operates across three manufacturing facilities located in Vasai, Thane, and Noida, NCR, with a combined operational area of 3,160 sq. mt. Its initial manufacturing plant in Vasai became operational between September 2020 and January 2021, focusing on mini and small lithium batteries (up to 100Wh) for POS and ATM machines. By July 2021, ATC Energies had commissioned a second facility in Noida, marking the beginning of its nationwide growth. In a significant milestone achieved in March 2024, the company expanded its consumer base from a single industry to ten diverse industries.
To fuel its expansion plans, ATC Energies plans to raise capital through an IPO, offering up to 52,80,000 equity shares. This includes a fresh issue of 38,58,000 shares and an offer for sale of 14,22,000 shares. With its expertise in advanced technology and rigorous quality testing infrastructure, ATC Energies is well-positioned to scale its market presence, making it an attractive proposition for potential investors.
Performance overview