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Ather Energy IPO
1.46xsubscribed

Ather Energy IPO

Automobile Two & Three Wheelers
listed
₹13,984Min. investment

Ather Energy IPO Details

SectorAutomobile Two & Three Wheelers
Price range₹304 – ₹321
IPO type
Regular
Lot size46 shares
Issue size₹2,980Cr
Red Herring Prospectus
Read
Market cap
₹11,955.66CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹1,753.8CrLower than sector avg
Growth rate3Y CAGR
62.48%Higher than sector avg

Ather Energy IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Apr-25
0.0 times (X)
0.17 times (X)
0.7 times (X)
0.17 times (X)
29-Apr-25
0.0X
0.28X
1.21X
0.3X
30-Apr-25
1.76X
0.57X
1.9X
1.46X

As on 28-Apr-25, 7:50 PM

Ather Energy IPO Timeline

  1. Pre-apply
    24 Apr 2025
  2. Bid start
    28 Apr 2025
  3. Bid end
    30 Apr 2025
  4. Allotment
    2 May 2025
  5. Release of funds
    5 May 2025
  6. Demat transfer
    5 May 2025
  7. Listing
    6 May 2025

About Ather Energy

Ather Energy, founded in 2013, designs electric two-wheelers (E2Ws), battery packs, and software. It offers two product lines: Ather 450 (performance scooters) and Ather Rizta (family scooters). The company focuses on quality, user experience, and a fast charging network (Ather Grid). In FY24, Ather sold 109,577 E2Ws, holding an 11.5% market share. It plans to expand production capacity to 1.42 million units. Ather's IPO includes a fresh issue of ₹3,100 crore and an offer for sale of 2.2 crore shares.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Strength and Weakness

Strong market share

The company had a market share of 10.7% for the nine months ended December 31, 2024.

Patents and trademarks

As of February 28, 2025, globally, Ather has 303 registered trademarks, 201 registered designs and 45 registered patents, and pending applications for 12 designs, 102 trademarks and 303 patents.

Robust sales volumes

Ather Energy sold 109,577 E2Ws in FY24 and 107,983 units till Q3FY25, making it the fourth largest player in India by volume after Ola Electric Mobility, TVS Motor, and Bajaj Auto.

Objectives of Atherenergyipo IPO

Capital expenditure
The company will use ₹927.2 Cr to establish an E2W (electric two-wheeler) factory in Maharashtra.
Investment in R&D
The company will invest ₹750 Cr in research and development.
Loan repayment
The company will use ₹40 Cr to repay/prepay certain outstanding borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capD/E ratio
This IPO₹1,753.8Cr62.48%-₹1,059.7Cr₹11,955.66Cr0.88
This sector (avg.)₹10,445.29Cr0.24%₹1,208.89Cr₹64,285.76Cr0.75
₹50,829.88Cr---₹7,535.99Cr₹2,68,006.9Cr0.26
₹18,870.35Cr---₹4,734.44Cr₹1,95,369.6Cr0.02
₹44,089.01Cr---₹2,349.9Cr₹1,74,661.8Cr3.36

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Ather Energy IPO Contact Details

Company NameAther Energy

How to apply for Ather Energy IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Latest News on Atherenergyipo IPO

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Ather Energy aims to raise market share with foray into family scooters
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Ather Energy IPO opens for subscription: From price band to lot size, 10 key points to consider

2 min read

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Ather Energy trims IPO size to Rs 2,626 crore
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Ather Energy IPO retail portion fully booked on day 2: All you need to know about the company's dividend policy from RHP

2 min read

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Ather Energy IPO subscribed 1.43 times on day 3; here's how to check allotment status online on NSE, BSE, MUFG Intime India

2 min read

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Ather Energy IPO allotment finalised: Steps to check status online on MUFG Intime India, BSE, NSE

3 min read

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Ather Energy IPO Listing Date: Key things to know before debut on NSE and BSE

2 min read

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Ather Energy Share Price Highlights: Stock settles 8.5% lower after listing at 2.2% premium on NSE

5 min read

Atherenergyipo IPO FAQs

Investors can apply for the Ather Energy IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Ather Energy IPO is 2980 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Ather Energy IPO will be open between 2025-04-28 and 2025-04-30.
Ather Energy IPO allotment date is 2025-05-05. For Ather Energy IPO allotment status check, you can visit the website of the registrar of the IPO.
For Ather Energy IPO, the IPO registrar is MUFG Intime India Private Limited. You can check Ather Energy IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Ather Energy IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Ather Energy IPO lot size is 46 and minimum order quantity is 46.
Ather Energy IPO has set the price band for its IPO at 321 per equity share with a face value of 1.