The stock settled 8.54% or ₹28 lower at ₹300 apiece on the National Stock Exchange (NSE).

Ather Energy Ltd's market capitalisation stands at ₹11,306.01 crore as shares trade 7.45% lower at ₹303.55 apiece on the NSE.

• Traded volume: 131.06 lakhs
• Traded value: ₹306.65 crore
• Total market capitalisation: ₹11,488.52 crore

• Current price: ₹309.85
• Issue price: ₹321
• Open: ₹328
• High: ₹333
• Low: ₹306.65

In the financial year 2023-24, Ather Energy recorded a 3.2% decline in its revenue to ₹1,913.5 crore, compared to ₹1,976.8 crore in FY24.

The company's net loss stood at ₹1,059.70 crore in FY24 vs ₹864.5 crore net loss in the previous fiscal year.

Shares of electric two-wheeler manufacturer Ather Energy are down 6% to ₹308.3 apiece on the National Stock Exchange (NSE).

• The company will utilise ₹927.2 crore to set up an electric two-wheeler factory in Maharashtra.
• The firm will invest ₹750 crore in research and development.
• Around ₹40 crore will be used to repay certain outstanding borrowings.
• A portion will also be utilised for general corporate purposes.

Shares of Ather Energy fell 5% to ₹311.45 apiece after listing at a premium of 2.2% on the National Stock Exchange.

• Traded volume: 105.37 lakhs
• Traded value: ₹340.91 crore
• Total market capitalisation: ₹11,603.98 crore

• Current price: ₹311.40
• Issue price: ₹321
• Open: ₹328
• High: ₹333
• Low: ₹308.4

Ather Energy shares are trading at ₹317.6 per unit, down 3.17% from the debut price of ₹328 apiece on the NSE.

The market capitalisation of Ather Energy stands at ₹12,360.07 crore as the stock is up 0.18% to ₹328.6 apiece on the NSE.

On the BSE, shares of Ather Energy Ltd were listed at a premium of 1.57% at ₹326.05 apiece over the issue price of ₹321.

Shares of Ather Energy were listed at ₹328 apiece, a premium of 2.18% over the issue price of ₹321 per unit on the National Stock Exchange (NSE).

Shares of electric two-wheeler manufacturer Ather Energy settled 2.18% higher at ₹328 apiece over the issue price of ₹321 per unit on the NSE in the pre-open trade.

• Neelam Dhawan, Chairperson and Independent Director
• Tarun Sanjay Mehta, Executive Director and Chief Executive Officer
• Swapnil Babanlal Jain, Executive Director and Chief Technical Officer
• Niranjan Kumar Gupta, Non-executive Director
• Ram Kuppuswamy, Non-executive Director
• Pankaj Sood, Nominee Director
• Nilesh Shrivastava, Nominee Director
• Kaushik Dutta, Independent Director
• Sanjay Nayak, Independent Director

Ather Energy IPO Listing Live Updates: The book-running lead managers to the issue were

• Axis Capital
• HSBC Securities & Capital Markets
• JM Financial
• Nomura Financial Advisory And Securities

Ather Energy IPO Listing Live Updates: The investors were allowed to bid for a minimum of 46 shares worth ₹14,766 (Cutoff price).

Ather Energy IPO Listing Live Updates: The price band of the initial public offer of of the electric two wheeler maker was set at ₹304 to ₹321 per share.

Ather Energy IPO received a total subscription of 1.43 times. Bids were received for 7,65,44,046 equity shares, compared to the 5,33,63,160 shares on offer.