Ather Energy Limited

Ather Energy Limited IPO

BSE, NSEClosed
Apr 28, 2025Open Date
Apr 30, 2025Close Date
TBAAllotment Date
May 6, 2025Listing Date

Subscription Details

View Subscription Details
QIB1.70x
Retail1.77x
NIIs (Non-Institutional Investors)Main Category
0.66x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.57x

bHNI (> ₹10L)

Bids above ₹10L

0.70x

Overall Subscription

Total Bids Received

1.43x

Updated: 10 Jul, 06:09 pm

Ather Energy Limited IPO Issue Details

Issue Price₹304-321 Per Equity Share
Face Value₹1 Per Equity Share
Fresh Share8,18,16,199 shares(aggregating up to ₹2626.3 crore)
Listing AtBSE, NSE
Listing DateMay 6, 2025
RegistrarLink Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)14644₹2,06,724
sHNI (Max)673,082₹9,89,322
bHNI (Min)683,128₹10,04,088

Reservation Details

CategoryShares Offered%
NII1,39,15,17310.34%
QIB6,95,75,96051.69%
Anchor4,17,45,57631.01%

Company Information

The 2013-founded Ather Energy Limited operates as India's foremost electric two-wheeler (E2W) company that specifically produces electric scooters and battery packs and charging infrastructure and sup...

Valuations

EPS (Pre-IPO)

-47.00

P/E (Pre-IPO)

-8.80

P/E (Post-IPO)

-15.52

RoNW

-194%

Financial Information (₹ in Crores)

MetricFY 24FY 24FY 23FY 22
Total Assets21721913.51976.8818.6
Total Revenue1617.41789.11801.8413.8
Profit After Tax577.91059.7864.5344.1
Net Worth108545.9613.7224.9

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India
  2. 2Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company
  3. 3Investment in research and development
  4. 4Expenditure towards marketing initiatives
  5. 5General corporate purposes

Ather Energy Limited – Promoter(s)

Tarun Sanjay Mehta
Swapnil Babanlal Jain
HMCL

Contact Details

Corporate Office

3 rd Floor, Tower D, IBC Knowledge Park, #4/1 Bannerghatta Main Road, Bangalore 560029, Karnataka

+91 80 6646 5750

cs@atherenergy.com

Visit Website

Registrar Contact

Link Intime India Private Ltd

+91-22-4918 6270

atherenergy.ipo@linkintime.co.in

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Ather Energy Limited IPO Documents

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