Ather Energy IPO Allotment Status: Check GMP Details, Steps to Verify
The Ather Energy Limited IPO was open for bidding from April 28, 2025, to April 30, 2025. The basis of allotment will be finalised today, May 2, 2025, with a tentative listing at NSE and BSE on May 6, 2025.
Step-by-Step Procedure to Check Ather Energy IPO Allotment Status Online On NSE
- Head to the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details.”
- In Select Symbol, select “ATHER.”
- Enter your PAN No. and application No.
- Click “Submit.”
Step-by-Step Procedure to Check Ather Energy IPO Allotment Status Online On BSE
- Head to the IPO allotment page on the BSE’s official website.
- Select “equity” as “issue type.”
- Select "Ather Energy Limited" under the “issue name” from the dropdown menu.
- Enter your application number or PAN.
- Verify the captcha and click on "Search."
Steps to Check Allotment Status of Ather Energy IPO on Link Intime India Private Limited (Registrar to the Issue):
- Visit the IPO Application Status page.
- Select Ather Energy under “Please select company.”
- Provide any one of the below details:
- PAN (Permanent Account Number)
- Application Number
- DP/Client ID (for Demat accounts)
- Account Number and IFSC
4. Click Submit.
Ather Energy Limited IPO Details
Ather Energy IPO is a book-built issue of 2,981.06 crores, comprising a Fresh issue of 8.18 crore shares and an offer for sale component of 1.11 crore shares. The price band is set at ₹304 to ₹321 per share. The tentative listing date on stock exchanges (NSE & BSE) is May 6, 2025.
Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, JM Financial Limited, and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book-running lead managers for the issue, while Link Intime India Private Ltd is serving as the registrar.
Also Read : Ather Energy IPO Day 1 Subscription Status , Ather Energy IPO Day 2 Subscription Status , Ather Energy IPO Day 3 Subscription Status
Use of Proceeds
The IPO proceeds from the fresh issue will be used to
- Repay the borrowings
- Set up a new electric two-wheeler (E2W) manufacturing facility
- Invest in marketing, branding, and innovation ventures
- General corporate purposes.
Ather Energy IPO - Overall Subscription Status
(April 30, 2025, End of Day)
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
1.70 |
|
Non-Institutional Investors (NIIs) |
0.66 |
|
Retail Individual Investors (RIIs) |
1.78 |
|
Employess |
5.43 |
|
Total |
1.43 |
Ather Energy IPO GMP (Grey Market Premium) Details
As of May 5, 2025, the GMP for Ather Energy IPO stood at ₹7. With the upper price band of ₹321, the estimated listing price is ₹328.
Note: The Grey Market Premium (GMP) is not an official price and is based on market speculation.
Source: InvestorGain Media Report dated May 5, 2025
Disclaimer: The GMP (Grey Market Premium) price is unauthenticated market-related news and has no discernible basis. The same quoted above is as per news that appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade or deal in the grey market, nor do we recommend or endorse trading in the grey market.
Ather Energy Business Overview
Ather Energy is an EV company that sells E2Ws and the associated product ecosystem. In FY24, the company sold over 1.09 lakh E2Ws and became the third-largest electric scooter brand by volume (as per the CRISIL Report).
Their current portfolio comprises two product lines: the Ather 450 line and the Ather Rizta line. The former is for consumers seeking performance scooters, and the latter is designed for family rides, providing more convenience.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here