
Ather Energy IPO
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Exp. Premium: 0 ( %)
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Ather Energy IPO Details
Open Date
Close Date
Allotment Date
Listing Date
Per Lot Price
N/A
Price Range
N/A
Total Issue Size
N/A
Fresh Issue Size
3100 Cr
Face Value
N/A
Listing at Group
NSE, BSE
Registrar
Link Intime India Private Limited
Lead Manager
N/A
Offer For Sale
N/A
Subscription
N/A
About Company
Ather Energy is a pioneer in the Indian electric two-wheeler (“E2W”) market. They design and develop E2Ws, battery packs, charging infrastructure, associated software and accessories, while the manufacture our battery packs and assemble their E2Ws in-house.
They assemble their E2Ws and manufacture the battery packs at their manufacturing facilities located near Hosur, Tamil Nadu, India (the “Hosur Factory”) and the R&D team had 701 on-roll employees, housed at three R&D facilities in Bengaluru, India, as at March 31, 2024.
They operate an asset-light distribution model comprising experience centres and service centres operated by their third-party retail partners in India and through an authorised distributor in Nepal.
They had 208 experience centres and 191 service centres in India, and three experience centres and one service centre in Nepal, as at March 31, 2024.
Promoter Details
Tarun Sanjay Mehta, Swapnil Babanlal Jain And Hero Motocorp Limited are the company’s Promoters.
Quota Details
Category | Percentage (%) |
---|---|
QIB | 75% |
HNI | 15% |
Retail | 10% |
Important Dates Timetable
Open Date | N / A |
Close Date | N / A |
Allotment Date | N / A |
Initiation of Refunds | N / A |
Credit of Shares to Demat | N / A |
Listing Date | N / A |
Objects Of The Issue
1) Gross Proceeds of the Fresh Issue.
2) Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra,India.
3) Repayment/ pre-payment, in full or part, of certain borrowings availed by Company.
4) Investment in research and development
5) Expenditure towards marketing initiatives
6) General corporate purposes.
Company Contact Details
Ather Energy Limited
3rd Floor, Tower D, IBC
Knowledge Park, #4/1
Bannerghatta Main Road,
Bangalore 560 029,
Karnataka, India
Phone: +91 80 6646 5750
Email: [email protected]
Website: www.atherenergy.com
Registrar Details
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Investor grievance e-mail:[email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.:INR000004058
Manager Details
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