ATS Techno IPO

About ATS Techno IPO

The ATS Techno IPO opens on TBA and closes on TBA. The allotment of shares will take place on TBA. The credit of shares to the demat account will take place on TBA. The initiation of refunds will take place on TBA. The listing of shares will take place on TBA.

The offer consists of a fresh issue component. The fresh issue will include up to 66,00,000 equity shares of the face value of ₹10 each aggregating to ₹ [-] crores. The total number of shares and aggregate amount are yet to be finalised.

ATS Techno IPO’s price band is set at TBA to TBA per share. The lot size for an application is TBA. The minimum amount of investment required by a retail investor is ₹TBA (TBA shares) (based on upper price). The minimum lot size investment for HNI is TBA.

ATS Techno started its operations with a factory situated in Amraiwadi, Ahmedabad, Gujarat, whereby it carried on the business of coating by way of various processes such as spray coating, powder coating, and flame spray coating. Gradually, the company ventured into the manufacturing of steel rolls and other steel components alongside coating services.

Objectives of ATS Techno IPO

• Capital expenditure for factory premises.
• Capital expenditure for the purchase of machinery for the Kuha plant.
• Capital expenditure for the Bellary plant.
• Repayment of secured loan.
• Working capital requirement.
• General corporate purpose.

Industry Outlook

The steel industry has emerged as a major focus area given the dependence of a diverse range of sectors on its output as India works to become a manufacturing powerhouse through policy initiatives like Make in India. With the industry accounting for about 2% of the nation's GDP, India ranks as the world's second-largest producer of steel and is poised to overtake China as the world's second-largest consumer of steel.

Both the industry and the nation's export manufacturing capacity have the potential to help India regain its favourable steel trade balance. The National Steel Policy, 2017 envisages 30 crore tonnes of production capacity by 2030-31. The per capita consumption of steel has increased from 57.6 kg to 74.1 kg during the last five years.

About ATS Techno

ATS Techno is engaged in the business of manufacturing various types of steel rolls and other steel components catering to steel, paper, hydro power, and thermal power industries. Their product portfolio includes steel rolls such as looper rolls, screen rolls, deflector rolls, bridle rolls, stabiliser rolls, ROT rolls, and lead rolls for the paper industry, and other engineering components such as guide bushes, piston rods, TC-coated needle cones, coated sleeves, and valve spindles.

In addition, they provide surface engineering services through thermal spray coatings, which are designed to enhance equipment performance, extend service life, reduce maintenance requirements, and protect against wear, corrosion, and high-temperature damage, factors that are critical for uninterrupted plant operations.

Strengths of ATS Techno

• Diversified sectoral presence with proven industry expertise.
• Strong and long-term technical collaborations with global leaders.
• Advanced manufacturing and surface engineering infrastructure with continued capacity expansion.
• An integrated infrastructure setup spanning manufacturing, machining, and coating within a single operational environment allows them to maintain an established customer base and credibility through prestigious assignments.
• Structured marketing network and international presence.

Risks of ATS Techno

• Any significant increase in steel prices or shortage in supply.
• Any adverse developments in the states of Gujarat and Maharashtra.
• Any underperformance or miscommunication by overseas partners.
• Volatility in steel and coating powder prices.
• Any significant disruption or cost escalation in third-party transportation.

Anchor Investor Bidding Date

TBA

• Registrar: Bigshare Services Private Limited
• Book Running Lead Managers: Interactive Financial Services Limited

ATS Techno Business Model

The company earns its revenue through the following:

• Manufacturing steel rolls.
• Providing repair and coating services to various sectors such as steel, paper, thermal, hydro-power, oil & gas, petrochemical & refinery, and space.

ATS Techno Growth Trajectory

(Restated Data)
ATS Techno’s total income for FY25 was ₹87.97 crores, whereas in FY24 and FY23 it was ₹59.38 crores and ₹47.88 crores, respectively.

Their profit after tax for FY25 was ₹12.75 crores, whereas in FY24 and FY23 it was ₹4.76 crores and ₹2.34 crores, respectively.

Their EBITDA for FY25 was ₹20.06 crores, whereas in FY24 and FY23 it was ₹8.85 crores and ₹5.80 crores, respectively.

ATS Techno Market Position

Alongside manufacturing various types of steel rolls and other steel components, ATS Techno manufactures and supplies rollers to customers in international markets including the USA, Europe, the UAE, and Australia. With the expansion of its manufacturing capacity, they have been able to address a broader set of requirements from both domestic and international industries by offering an integrated mix of coating solutions and engineered roll products.

Alongside developed markets, the company has expanded into emerging economies such as Bangladesh and Nepal.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹87.968 crores, ₹12.745 crores, and ₹20.064 crores, respectively.

How to apply for ATS Techno IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.