Mumbai, April 2 -- The scrip was listed at 107, a discount of 9.32% over the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 107 and a low of Rs 101.65. About 3.79 lakh shares of the company changed hands at the counter.

ATC Energies System's IPO was subscribed 1.57 times. The issue opened for bidding on 25 March 2025 and it closed on 27 March 2025. The price band of the IPO was set at Rs 112 to Rs 118 per share.

The IPO was for 54,03,600 equity shares comprising fresh issue of upto 43,23,600 equity shares and offer for sale of upto 10,80,000 equity shares.

The company intends to utilize the net proceeds for the repayment or prepayment, in f...