Is ATC Energies System Ltd IPO Halal or Haram? If you’re looking for a detailed Shariah compliance analysis, you’re in the right place! In this article, we break down whether ATC Energies System Ltd IPO meets Shariah Screening guidelines or not.
Is ATC Energies System Ltd IPO Halal or Not?
The ATC Energies System Ltd IPO is considered halal and Shariah-compliant as it has passed all required Shariah Screening Standard. Since the company meets both the business and financial screening standards, it is suitable for halal investment. (Allah Knows the Best)
Shariah Compliance Screening of ATC Energies System Ltd IPO
For an IPO or Stocks to be considered Halal, it must pass all the Shariah screening criteria, which include:
| Criteria | Value | Status |
| Business Activity | Energy Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 0.34% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 26.15% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 62.79% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Refer to ATC Energies IPO RHP for detailed information.
ATC Energies System Ltd IPO Price Details
| IPO Date | March 25, 2025 to March 27, 2025 |
| Expected Listing Date | Wed, Apr 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹112 to ₹118 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 54,03,600 shares(aggregating up to ₹63.76 Cr) |
| Fresh Issue | 43,23,600 shares(aggregating up to ₹51.02 Cr) |
| Offer for Sale | 10,80,000 shares of ₹10(aggregating up to ₹12.74 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Pre-Issue Shareholding | 1,60,65,000 shares |
| Post-Issue Shareholding | 2,03,88,600 shares |
| Market Maker Portion | 2,71,200 shares |
Business Overview – ATC Energies System Ltd
ATC Energies System Ltd is a leading provider of energy storage solutions and power management systems, specializing in battery technologies, renewable energy integration, and advanced power solutions. The company focuses on sustainable energy innovations, catering to industries such as telecommunications, automotive, and industrial power backup.
With a commitment to efficiency and reliability, ATC Energies delivers cutting-edge lithium-ion and lead-acid battery solutions designed for long-lasting performance. Its expertise in energy optimization and smart power management helps businesses transition towards eco-friendly and cost-effective energy solutions.
By leveraging advanced technology and research, ATC Energies System Ltd aims to drive the future of clean and efficient power solutions, ensuring sustainability and innovation in the energy sector.
ATC Energies System Ltd IPO Timeline
| IPO Opening Date | Tue, Mar 25, 2025 |
| IPO Closing Date | Thu, Mar 27, 2025 |
| Expected Allotment Date | Fri, Mar 28, 2025 |
| Refund Initiation | Tue, Apr 1, 2025 |
| Shares Credited to Demat | Tue, Apr 1, 2025 |
| Expected Listing Date | Wed, Apr 2, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on March 27, 2025 |
ATC Energies System Ltd Financial Information (Restated)
| Category | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | ₹71.82 Cr | ₹50 Cr | ₹40.72 Cr | ₹36.05 Cr |
| Revenue | ₹22.57 Cr | ₹51.51 Cr | ₹33.22 Cr | ₹36.52 Cr |
| Profit After Tax | ₹5.77 Cr | ₹10.89 Cr | ₹7.76 Cr | ₹11.86 Cr |
| Net Worth | ₹38.87 Cr | ₹33.1 Cr | ₹22.21 Cr | ₹14.45 Cr |
| Reserves & Surplus | ₹22.81 Cr | ₹17.04 Cr | ₹19.66 Cr | ₹11.9 Cr |
| Total Borrowing | ₹24.26 Cr | ₹10.51 Cr | ₹10.59 Cr | ₹11.81 Cr |
Conclusion
The ATC Energies System Ltd IPO appeared to be halal and Shariah compliant based on the Shariah screening Standard and the most recent financial report.
However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
Disclaimer: The information on Halalfinance.co.in is for educational and informational purposes only and not financial advice. We are not liable for any investment decisions you make; always consult a financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.