What is the issue size of Ather Energy Ltd IPO?

The issue size of the Ather Energy Ltd IPO is 29807600000.

What is 'pre-apply' for Ather Energy Ltd IPO?

Pre-apply will allow you to apply for the Ather Energy Ltd IPO 2 days before the subscription period starts.

If I pre-apply for Ather Energy Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Ather Energy Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Ather Energy Ltd IPO order is placed?

We will notify you when your Ather Energy Ltd IPO order is placed with the exchange.

What are the open and close dates of the Ather Energy Ltd IPO?

Ather Energy Ltd IPO will be open between 28 Apr '25 and 30 Apr '25.

What is the lot size and minimum order quantity of the Ather Energy Ltd IPO?

Ather Energy Ltd IPO lot size is 46 and minimum order quantity is 46.

What is the allotment date for the Ather Energy Ltd IPO?

Ather Energy Ltd IPO allotment date is 02 May '25. For Ather Energy Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Ather Energy Ltd IPO?

For Ather Energy Ltd, the IPO registrar is MUFG Intime India Pvt Ltd. You can check Ather Energy Ltd IPO allotment status on the website of the registrar.

Where is the Ather Energy Ltd IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

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Ather Energy IPO

Ather Energy Ltd

₹13,984 /46 sharesMinimum Investment

Ather Energy IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE₹321.00₹328.00₹7.00 (2.18%)
Ather Energy IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
28 Apr ‘25 - 30 Apr ‘25₹13,98446₹304 - ₹321
Issue SizeIPO Doc
2980.76CrRHP PDF
Subscription rateAs of 30 Apr'25, 05:00 PM
Qualified Institutional Buyers1.70x
Non-Institutional Investor0.66x
Retail Individual Investor1.74x
Employees5.33x
Total1.43x
About Ather Energy
Ather Energy Limited is an Indian company engaged in designing, developing, and selling electric two-wheelers (E2Ws). Besides E2Ws, its offerings include products such as in-house developed software (Atherstack), charging infrastructure (Ather Grid), and smart accessories. The company designs key components like motor controllers, dashboards, and control units in-house, while manufacturing is outsourced to suppliers. Battery packs are produced at its Hosur facility in Tamil Nadu. 
Ather Energy also has a new facility under development in Chhatrapati Sambhajinagar, Maharashtra (formerly Aurangabad). The company operates through an asset-light distribution model, with service centres across India, Nepal, and Sri Lanka.;Founded in
2013
Managing director
Mr Tarun Sanjay Mehta
Parent organisation
Ather Energy Ltd
Strengths & Financials of Ather EnergyStrengths
Risks
Ather Energy claims to have introduced several firsts in the Indian E2W market. These include features such as touchscreen dashboards, internet-connected scooters via 3G SIM, and fast-charging infrastructure. The company also claims to be the first to offer features like traction control, Fall Safe, and a smart helmet (Halo).
The company claims that nearly half its workforce is dedicated to R&D, with 731 on-roll R&D employees as of December 31, 2024. It also reports substantial R&D expenditure, amounting to Rs 238.8 crore in the first nine months ended December 31, 2024, and a significant IP portfolio, including 45 registered patents and over 300 trademark filings.
The company has built a connected ecosystem through Atherstack, which it claims is used by 86 percent of its E2W customers. This platform supports features like Trip Planner and OTA updates, and reportedly delivered EBITDA margins above 50 percent.
The company claims it follows a capital-efficient model by outsourcing non-core manufacturing while retaining control over IP-sensitive components. It has also adopted an asset-light distribution strategy, leveraging retail partners for experience centres and service facilities, which it claims enables faster expansion and cost savings.
Ather Energy Limited claims its modular technology platform enables rapid product development, as demonstrated by the launch of the Ather Rizta in just 13 months. Common components, such as battery packs and chassis, are shared across models to reduce costs and development time, enabling the company to respond quickly to market needs.
Ather Energy Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Ather Energy IPOApply asPrice bandApply upto
Regular₹304 - 321₹2 Lakh
Employee₹274 - 291₹2 Lakh
High Networth Individual₹304 - 321₹2 - 5 Lakh
For Ather Energy IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
BSE	₹321.00	₹328.00	₹7.00 (2.18%)

Bidding Dates	Min. Investment	Lot Size	Price Range
28 Apr ‘25 - 30 Apr ‘25	₹13,984	46	₹304 - ₹321

Issue Size	IPO Doc
2980.76Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹304 - 321	₹2 Lakh
Employee	₹274 - 291	₹2 Lakh
High Networth Individual	₹304 - 321	₹2 - 5 Lakh

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Qualified Institutional Buyers	1.70x
Non-Institutional Investor	0.66x
Retail Individual Investor	1.74x
Employees	5.33x
Total	1.43x