Ather Energy IPO
April 28, 2025 - April 30, 2025
Exp. Premium: 6 (1.87 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Ather Energy IPO Details
April 28, 2025
Open Date
April 30, 2025
Close Date
May 2, 2025
Allotment Date
May 6, 2025
Listing Date
Per Lot Price
14766
Price Range
304-321
Total Issue Size
2,980.76 Cr
Fresh Issue Size
2,626 Cr
Face Value
1
Listing at Group
NSE, BSE
Registrar
Link Intime India Private Limited
Lead Manager
Axis Capital,HSBC Securities,JM Financial,Nomura Financial
Offer For Sale
354.76 Cr
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.
Ather Energy IPO GMP Live
23-04-2025 :Ather Energy IPO GMP is Rs 6 Today. That means the expected listing gain is 1.87%.
Promoter Details
Tarun Sanjay Mehta, Swapnil Babanlal Jain And Hero Motocorp Limited are the company’s Promoters.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,766 |
| Retail (Max) | 13 | 598 | ₹1,91,958 |
| S-HNI (Min) | 14 | 644 | ₹2,06,724 |
| S-HNI (Max) | 67 | 3082 | ₹9,89,322 |
| B-HNI (Min) | 68 | 3128 | ₹10,04,088 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 75% |
| HNI | 15% |
| Retail | 10% |
Company Financials
| Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus | Total Borrowing | |
| 30-Dec-24 | 2,172 | 1,617.4 | -577.9 | 3,346.6 | 1,121.6 |
| 31-Mar-24 | 1,913.5 | 1,789.1 | -1,059.7 | 545.1 | 314.9 |
| 31-Mar-23 | 1,976.8 | 1,801.8 | -864.5 | 613.1 | 485.2 |
*Amount in ₹ Crore
Important Dates Timetable
| Open Date | April 28, 2025 |
| Close Date | April 30, 2025 |
| Allotment Date | May 2, 2025 |
| Initiation of Refunds | May 5, 2025 |
| Credit of Shares to Demat | May 5, 2025 |
| Listing Date | May 6, 2025 |
Objects Of The Issue
1) Gross Proceeds of the Fresh Issue.
2) Capital expenditure to be incurred by 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
Nomura Financial Advisory and Securities (India) Private Limited
JM Financial Limited
HSBC Securities and Capital Markets (India) Private Limited
Axis Capital Limited