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ATC Energies System IPO Day 2: ATC Energies System shares get subscribed 0.97x times on Day 2!

ATC Energies System Limited's IPO saw a 0.97x subscription on Day 2, indicating a tepid response from investors despite the company's expansion plans, market prospects, and long-term growth potential.
ATC Energies System Limited IPO saw 0.97x subscription on Day 2.
ATC Energies System Limited IPO saw 0.97x subscription on Day 2.

ATC Energies System Limited IPO received a subscription of 0.97x on Day 2, reflecting a modest investor response. Despite the company’s promising expansion plans, strong market opportunities, and long-term growth potential, the IPO faced a lukewarm reception, suggesting caution among investors regarding its future prospects.

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ATC Energies System Ltd IPO Subscription Status

ATC Energies System Limited IPO saw a 0.50x subscription on Day 1, indicating a subdued investor response. Despite its growth plans and market potential, it reflects concerns about valuation or prevailing market conditions.

How to check ATC Energies System Ltd IPO Subscription Status?

Steps to check ATC Energies System Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘ATC Energies System Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

ATC Energies System Ltd IPO Allotment Status

The allotment date for the ATC Energies System Ltd IPO is set for March 28, with shares priced from ₹112 to ₹118 per share and a face value of ₹10. The offering consists of lots of 1,200 shares, with bids accepted for these lots or their multiples.

ATC Energies System Ltd IPO Listing Date 

ATC Energies System Ltd IPO is expected to be listed on the NSE SME on April 2, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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