Ather Energy Ltd
Price Range
₹304 - ₹321
Min. Quantity
46
Closes on
30 April 2025
Min. investment
₹14,766/598 Shares
Ather Energy Ltd IPO Timeline
Ather Energy Limited was originally incorporated as 'Ather Energy Private Limited' dated October 21, 2013, issued by the Registrar of Companies, Tamil Nadu, Chennai. Upon the conversion of Company into a Public Limited, the name was changed to 'Ather Energy Limited', and a fresh certificate of incorporation dated August 27, 2024 was issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Ather Energy Ltd IPO Opening Date | 28 April 2025 |
| Ather Energy Ltd IPO Closing Date | 30 April 2025 |
| Basis of Allotment | 2 May 2025 |
| Initiation of Refunds | 5 May 2025 |
| Credit of Shares to Demat | 5 May 2025 |
| Ather Energy Ltd IPO Listing Date | 6 May 2025 |
Ather Energy Ltd IPO Details
| Ather Energy Ltd IPO Date | 28 April 2025 to 30 April 2025 |
| Ather Energy Ltd IPO Face Value | ₹1 per share |
| Ather Energy Ltd IPO Price | ₹304 to ₹321 per share |
| Ather Energy Ltd IPO Lot Size | 46 |
| Issue Size | Shares of ₹1 (aggregating up to ₹2,961.97 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹2626 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹354.76 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Tarun Sanjay Mehta, Swapnil Babanlal Jain, Hero Motocorp Ltd |
Ather Energy Ltd IPO Lot Size
The Ather Energy Ltd IPO lot size is 46 shares. A retail-individual investor can apply for up to 13 lots (598 shares or ₹1,91,958).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 46 | ₹14,766 |
| Maximum | 13 | 598 | ₹1,91,958 |
- Strengths
- Risks
- Opportunities
- Our ability to pioneer new technologies.
- Our E2Ws are positioned at a premium price in their respective segments in the E2W market.
- Vertically integrated approach to product design with strong in-house R&D capabilities.
- Software defined ecosystem that drives high customer engagement and drives margins.
- Established and scalable technology platform enabling accelerated product launches.
- Experienced management team and long-term investors committed to strong corporate governance standards.
Company Financials
Ather Energy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure to be incurred by the company for establishment of an E2W factory in
- Repayment/pre-payment in full or part of certain borrowings availed by the company
- Investment in research and development
- Expenditure towards marketing initiatives
- General corporate purposes
Ather Energy Ltd IPO Promoter Holding
| Pre Issue Share Holding | 6.81% |
| Post Issue Share Holding | 5.25% |
Ather Energy Ltd IPO Subscription Status (Bidding Detail)
The Ather Energy Ltd IPO is subscribed 0 times on 30 April 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Ather Energy Ltd IPO Prospectus
Ather Energy Ltd IPO Listing Date
| Listing Date | 6 May 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE0LEZ01016 |
| IPO Price | ₹0 |
| Face Value | ₹1 |
Company Contact Information
3rd Flr Towewr D IBC KnowledgePark #4/1 Bannerghatta Main Rd,Bangalore-560029
Phone: +91 80 6646 5750
Email: cs@atherenergy.com
Website: www.atherenergy.com
Ather Energy Ltd IPO Registrar
Ather Energy Ltd IPO Lead Manager(s)
- Axis Capital Ltd
- HSBC Securities and Capital Markets (India) P Ltd
- JM Finacial Ltd
- Nomura Financial Advisory and Securities (India) P
FAQ
What is the issue size of Ather Energy Ltd IPO?
I have pre-applied for Ather Energy Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.