IPO Trending
ATHERENERGEQ / NSE, BSEListed
Ather Energy

Ather Energy Limited, incorporated in 2013, is an electric two-wheeler manufacturer in India that designs and builds electric scooters, battery packs, fast-charging infrastructure, and software systems in-house. Known for its premium, software-led products, Ather offers connected features through its Atherstack platform and supports users with the Ather Grid fast-charging network. The company sold around 1.09 lakh electric scooters in FY24 and manufactures at its Hosur plant in Tamil Nadu, which has an annual capacity of 4.2 lakh EVs. With a large retail and service presence in India, Nepal, and Sri Lanka, Ather continues to grow its brand and technology, supported by a strong IP portfolio.

DRHPANCHOR
₹304 - ₹3211.5x sub
Listed Price₹328.00
Listing Gain+2.18%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Apr 2025
Close30 Apr 2025
Allotment02 May 2025
Listing06 May 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB2,78,30,383 shares
54.44%
Nii(hni)1,39,15,192 shares
14.98%
Retail92,76,795 shares
9.99%
Employee1,00,000 shares
0.11%

Minimum Application Lots

Retail1 Lot (46 shares)
₹14,766
sHNI14 Lots (644 shares)
₹2,06,724
bHNI68 Lots (3,128 shares)
₹10,04,088

Company Promoters

Tarun Sanjay MehtaSwapnil Babanlal JainHMCL

Company Background

Ather Energy Limited, incorporated in 2013, is an electric two-wheeler manufacturer in India that designs and builds electric scooters, battery packs, fast-charging infrastructure, and software systems in-house. Known for its premium, software-led products, Ather offers connected features through its Atherstack platform and supports users with the Ather Grid...

Lead Managers & Bankers

Axis Capital LimitedHsbc Securities & Capital Markets Private LimitedJm Financial Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹1789.1 Cr
Growth+332.4%
Revenue Trend (₹ in Crores)
0.0690.71.4k2.1kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-241,789.1-1,059.71,913.5314.9
Mar-231,801.8-864.51,976.8485.2
Mar-22413.8-344.1818.6298.4

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-24-230%0%00
Mar-24-470%0%-8.80
Mar-23-480%0%0-15.52

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
02 May 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
06 May 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Ather Energy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 May 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date06 May 2025Trading commences on exchange

How to Check Ather Energy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Ather Energy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Ather Energy IPO

Complete issue overview for Ather Energy (ATHERENERG) IPO. The issue features an equity share price band of ₹304 – ₹321 per share with a minimum retail lot size of 46 Shares (minimum application amount of ₹14,766). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions