Ather Energy Limited, a two-wheeler electric vehicle producing company, is ready to mark its presence on the stock markets on Tuesday, May 6, 2025, listing its shares both on NSE and BSE. The allotment of IPO has already taken place, and now the investor community awaits its listing performance.
Ather Energy IPO GMP Today: What Does It Indicate?
According to market analysts, Ather Energy shares are quoted at ₹328 in the unlisted (grey) market, a 2.18% premium to the IPO price of ₹321. The current Grey Market Premium (GMP) is zero, indicating flat or even negative listing gains for investors.
Note: The GMP is a speculative metric and varies according to market sentiment. It’s not a promise of listing performance.
Ather Energy IPO Key Details
| Details | Information |
|---|---|
| IPO Date | April 28 – April 30, 2025 |
| IPO Size | ₹2,981 crore |
| Price Band | ₹304 to ₹321 per share |
| Issue Type | Book Built Issue |
| Listing Date | Tuesday, May 6, 2025 |
| Stock Exchanges | NSE & BSE |
| GMP (as of May 5) | ₹0 to ₹7 (0% to 2.18% premium) |
| Registrar | Link Intime India Pvt Ltd |
IPO Subscription Status
The IPO witnessed moderate investor interest, with an overall subscription of 1.50 times. Here’s the break-up:
- Retail Investors: 1.89x
- Qualified Institutional Buyers (QIBs): 1.76x
- Non-Institutional Investors (NIIs): 0.69x
Despite strong retail and QIB participation, the NII category remained underwhelming.
How to Check Ather Energy IPO Allotment Status?
Investors can check the allotment status through the BSE website or the registrar’s portal. Here’s a step-by-step guide:
Through BSE Website
- Visit https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ under Issue Type.
- Choose ‘Ather Energy Limited’ from the dropdown.
- Enter your Application Number or PAN.
- Confirm the captcha (click ‘I’m not a robot’).
- Click on ‘Search’.
Your allotment information will be shown immediately.
From Link Intime Portal (Registrar)
- Access https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- Choose ‘Ather Energy Limited’.
- Provide your details (PAN, application ID, or DP/Client ID).
- Submit the form to see your allotment status.
About Ather Energy Ltd
Ather Energy is a homegrown electric two-wheeler (E2W) firm, founded in 2013. It designs, develops, and manufactures electric scooters, battery packs, and charging infrastructure — all internally. The firm is famous for its vertically integrated model, focusing on product innovation and technology.
Ather Energy Financials Snapshot
| Financial Metric | FY22 | FY23 | 9M FY24 (till Dec) |
|---|---|---|---|
| Assets | ₹818.6 Cr | – | ₹2,172 Cr |
| Revenue | ₹413.8 Cr | ₹1,178 Cr (est.) | ₹1,617.4 Cr |
| Net Loss | ₹864.5 Cr | ₹1,059.7 Cr | ₹577.9 Cr |
Though revenues are on the rise, Ather still runs at a loss, but its losses have come down sharply in the last nine months — a good indication for investors looking to the long term.
What to Expect on Listing Day?
With a flat GMP, the listing would move either way based on overall market sentiment. Although Ather’s robust growth path and industry tailwinds make it enticing to buy, its profitability deficit and small-scale IPO subscription can put short-term gains in check.
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