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Unlisted shares of ATC Energies System Ltd are currently trading at Rs 128 apiece, which is a 8.47 per cent premium (GMP) over the issue price of Rs 118.
ATC Energies System IPO Day 3: Check Subscription Status, GMP Today.
ATC Energies IPO: The initial public offering of ATC Energies System Ltd, which is set to be closed at 5 pm today (Thursday), has received a muted response so far. Till 12:24 pm on the final day of bidding on Thursday, the Rs 63.76-crore NSE SME IPO received a 1.22 times subscription garnering bids for 51,19,200 shares as against 42,09,600 shares on offer.
So far, the retail category has been fully subscribed with 1.94 times subscription, while the NII has got a 0.65 times subscription. The QIB category has received a 0.76 times subscription.
The price of the IPO, which was opened on Tuesday, March 25, has been fixed in the range of Rs 112 to Rs 118 apiece.
ATC Energies System IPO GMP Today
According to market observers, unlisted shares of ATC Energies System Ltd are currently trading at Rs 128 apiece, which is a 8.47 per cent premium (GMP) over the issue price of Rs 118. Its listing is scheduled to take place on the NSE SME on April 2.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
ATC Energies System IPO: More Details
The Rs 63.76-crore ATC Energies System IPO is a combination of a fresh issue of 43.24 lakh shares aggregating to Rs 51.02 crore and an offer for sale of 10.80 lakh shares aggregating to Rs 12.74 crore.
The ATC Energies IPO bidding started from March 25, 2025 and ended on March 27, 2025. The allotment for the ATC Energies IPO is expected to be finalised on Friday, March 28, 2025. ATC Energies IPO will be list on the NSE SME with a tentative listing date fixed as Wednesday, April 2, 2025.
The price band of the ATC Energies IPO is fixed at Rs 112 to Rs 118 per share. The minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors is Rs 1,34,400. But, it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to Rs 1,41,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 2,83,200.
Indorient Financial Services Ltd is the book-running lead manager of the ATC Energies IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for ATC Energies IPO is Alacrity Securities Ltd.
