Ather Energy IPO GMP, Open Date, Price Band, Electric Vehicle (EV)

  • 26-Oct-2024
  • 2 mins read
Ather Energy IPO GMP, IPO open date

Ather Energy IPO GMP, Open Date, Price Band, Electric Vehicle (EV)

Ather Energy IPO open date is April 28, 2025, and the closing date is April 30, 2025. This new IPO is a book-built issue of Rs 2,980.76 crore. This upcoming IPO is is a combination of fresh issue and offer-for-sale. The fresh Issue is of 8,18,06,853 equity shares amounting to Rs 2,626 crore, and the offer for sale comprises 1,10,51,746 equity shares amounting to Rs 354.76 crore.

Ather Energy IPO price band is Rs 304 - Rs 321 per share. As of now, Ather Energy IPO GMP indicates +11 indicating mid bullish sentiment among investors for this IPO. 

Ather Energy total issue consists of 9,28,58,599 equity shares with aggregating size of Rs 2,980.76 crore. The grey market premium quotation indicates huge interest of retail investors.

Ather Energy IPO registrar is Link Intime India Private Ltd and the book running lead managers are Axis Capital Limited, Hsbc Securities & Capital Markets Pvt Ltd, Jm Financial Limited, Nomura Financial Advisory And Securities.

Also Read | Swiggy IPO GMP, Issue Size, Open Date, Price Band, Allotment Status

Ather Energy IPO GMP

Ather Energy IPO GMP today or grey market premium is 11. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ather Energy IPO GMP might rise in the coming days.

Checkout the Video to Know the Interesting Facts of Ather Energy IPO

Ather Energy IPO Price Band

Ather Energy IPO price band is Rs 304 - Rs 321 per share. The minimum amount of investment for the retail category is to be around Rs 14,766 and for small NII minimum investment is to be around Rs 2,06,724. The minimum investment for the Big NII is to be around Rs 10,04,088.

Ather Energy IPO Open Date, Close Date

Ather Energy IPO open date is April 28 and closing date is April 30, 2025 . Ather Enery IPO listing date is May 6, 2025, allotment status will be available on May 2, 2025 and initiation of refund will be on May 5, 2025.

Ather Energy IPO Allotment Status

Ather Energy IPO allotment status will be finalised on May 2, 2025. The listing will be on May 6, 2025 the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status by visiting the registrar website.

Ather Energy IPO Listing Date

Ather Energy IPO's listing date is May 6, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Ather Energy IPO: Listing Date, Lot Size, Price Band

Ather Energy IPO Open Date

April 28, 2025 to April 30, 2025

IPO Listing Date

May 6, 2025

Face Value

Re 1 per share

IPO Price Band

Rs 304 to Rs 321 per share

IPO Lot Size

46 Equity Shares

Total Issue Size

9,28,58,599 shares
(aggregating up to Rs 2,980.76 Cr)

Fresh Issue

8,18,06,853 shares
(aggregating up to Rs 2,626.00 Cr)

Offer for Sale

1,10,51,746 shares of Rs 1
(aggregating up to ₹354.76 Cr)
Employee Discount 30.00

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Ather Energy IPO  Limited: About the Company

Ather Energy Logo & Brand Assets (SVG, PNG and vector) - Brandfetch

Ather Energy Limited was founded in 2013, engaged in the business of manufacturing Electric scooters, Smart Helmets, many more.  Ather Energy is recognized for its high-quality electric scooters and a robust charging infrastructure across key cities. Ather Energy ‘s commitment to sustainability and innovation has positioned it as a leader in the Indian electric two-wheeler market. Ather holds a 12% market share in the two wheeler industry. 

Ather Energy IPO Objectives

Ather Energy IPO's objective is to establish an electric two-wheeler factory in Maharashtra. Also, the funds will be used for investment in research and development. The remaining funds will be used for marketing initiatives, repayment of loans and fulfilling general corporate purposes. 

Ather Energy IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Monday, Apr 28, 2025

IPO Close Date

Wednesday, Apr 30, 2025

Basis of Allotment

Friday, May 2, 2025

Initiation of Refunds

Monday, May 5, 2025

Credit of Shares to Demat

Monday, May 5, 2025

Listing Date

Tuesday, May 6, 2025

Cut-off time for UPI mandate

5 PM on April 30, 2025

Ather Energy IPO Subscription Details, IPO Reservation

Ather Energy IPO subscription status will be available on May 2, 2025. Not less than 75% of the net offer is reserved for QIB category. Not more than 10% is reserved for retail investors, and not more than 15% is for Non-Institutional investors. 

Ather Energy IPO Lot Size Details

Ather Energy IPO IPO lot size is set at 46 shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,766, and the maximum is 13 lots, amounting to be around Rs 1,91,958. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,06,724.

Ather Energy IPO Promoter Holdings

Ather Energy IPO promoters are Tarun Sanjay Mehta, Swapnil Babanlal Jain, and HMCL. The promoters' shareholdings before the IPO were 52.67%; however, after the IPO, shareholdings will decline to 42.09%.

Ather Energy IPO Registrar

Ather Energy IPO registrar is Link Intime India Private Limited. On the May 2, 2025 investors can visit the registrar website and select the name of the company and enter PAN number or application ID to check their allotment status.

Ather Energy IPO Lead Managers

Ather Energy IPO lead managers are Axis Capital Limited, HSBC Securities & Capital Market India Private Limited. JM Financial Limited and Nomura Financial Advisory & Securities India Private Limited. 

How to apply to Ather Energy IPO

Interested investors can apply to the Ather Energy IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Ather Energy IPO Review

Ather Energy IPO may get a positive response from the general public. The company is involved in the electric vehicle business. So, investors interested in the EV sector can apply to this IPO. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response, then Ather Energy IPO GMP will also rise.

Ather Energy IPO FAQ

1. What are the details of the Ather Energy IPO?

Ather Energy IPO is a book-built issue of Rs 2,980.76 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 2,626 crore and Offer for sale of Rs 354.76  crore.

2. When will the Ather Energy IPO open and close?

Ather Energy IPO open date is April 28, and the closing date is April 30, 2025.

3. What is Ather Energy IPO GMP?

Ather Energy IPO GMP today or grey market premium is 11. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ather Energy IPO GMP might rise in the coming days.

4. What are  the details of the IPO Allotment Status?

Ather Energy IPO allotment status will be finalised on May 2, 2025. The listing will be on May 6, 2025 the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status by visiting the registrar website.

5. Who is the registrar and lead managers for Ather Energy IPO?

Ather Energy IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can visit the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers of Ather Energy are Axis Capital Limited, HSBC Securities and Capital Market India Private Limited. JM Financial Limited, Nomura Financial Advisory and Securities India Private Limited.

Also Read:


Close

Let's Open Free Demat Account