ATC Energies System's SME IPO was fully subscribed 1.32 times, raising Rs 63.76 crore, with listing on NSE SME.
IPO price band set at Rs 112-118; GMP at Rs 7, indicating a 6% premium.
Funds to be used for loan repayment, Noida factory upgrades, IT infrastructure, and working capital.
The company manufactures lithium-ion battery solutions, aiming to expand in the energy sector.
Comments
Post a Comment