Ather Energy Limited IPO is opening for subscription on 28 April 2025 and will close on 30 April 2025. This mainboard IPO is raising ₹2981.06 crore from a mix of fresh issue of 8.18 crore equity shares amounting to ₹2626.30 crores and offer for sale (OFS) of 1.11 crore equity shares worth ₹354.76 crores.
The Ather Energy IPO allotment date will be decided on Friday, 2 May 2025. Ather Energy shares will probably be listed on BSE and NSE on Tuesday, 6 May 2025.
The Ather Energy IPO price band has been set between ₹304 and ₹321 per share. The minimum number of shares or the lot size is 46, making the minimum investment requirement for retail investors ₹13984. However, to avoid the oversubscription rush, it is advisable to bid at the cutoff price, which will make the minimum investment as ₹14766. The minimum lot size for the sNII is 14 lots, amounting to a minimum investment of ₹206724, and the bNII needs to subscribe to at least 68 lots, amounting to ₹1004088.
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Ather Energy NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | April 28, 2025 |
| IPO Closing Date | April 30, 2025 |
| Tentative IPO Listing Date | May 6, 2025 |
| Face Value | ₹1 per share |
| Price Range | ₹304 to ₹321 per share |
| Lot Size | 46 shares |
| Total Issue Size | 92867945 Shares (₹2981.06 Cr.) |
| Fresh Issue | 81816199 Shares (₹2626.30 Cr.) |
| OFS | 11051746 Shares (₹354.76 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE BSE |
| Shareholding Pre-Issue | 290643469 shares |
| Shareholding Post-Issue | 372459668 shares |
Ather Energy Limited | Company Overview
Ather Energy Limited was started in 2013, which is a well-known electric two-wheeler maker. It is engaged in the designing, development, and in-house assembly of the different parts of the electric scooters, charging infrastructures, battery packs, and supporting software systems. While the company works as a vertically integrated EV manufacturer, it has a primary focus on developing products with advanced technology.
In the first nine months of the FY25, that is until 31 December 2024, the company sold around 107983 E2Ws, and in the fiscal year 2024 it sold around 109577 E2Ws.
The manufacturing unit of the company is located at Hosur in Tamil Nadu. It has an annual capacity of 420000 electric vehicles production, along with 379800 battery packs production as of March 2024.
As per 28 February 2025 records, the company has 303 registered trademarks, 45 registered patents, 201 registered designs, and there are pending applications for 303 patents, 102 trademarks, and 12 designs.
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Ather Energy Limited IPO | Key Details
● Ather Energy IPO Opening Date: April 28, 2025,
● Ather Energy IPO Closing Date: April 30, 2025.
● Allotment Date: 2 May 2025
● Price Band: ₹304 to ₹321 per share
● Lot Size: 46 shares
● Refunds Initiated: Mar 5, 2025
● Shares Credited to Demat: May 5, 2025
● Listing Date: May 6, 2025
Ather Energy Ltd: Financial Overview
Ather Energy Limited saw a 22.58% jump in its profit in FY24, while the revenue for the period declined by around 0.7%.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 1,913.50 | 1,976.80 | -63.3 | -3.20214488 |
| Revenue | 1,789.10 | 1,801.80 | -12.7 | -0.7048507 |
| Profit After Tax | -1,059.70 | -864.5 | -195.2 | 22.57952574 |
| Net Worth | 545.9 | 613.7 | -67.8 | -11.0477432 |
| Reserve & Surplus | 545.1 | 613.1 | -68 | -11.091176 |
| Total Borrowing | 314.9 | 485.2 | -170.3 | -35.0989283 |
Ather Energy Ltd IPO | FAQs
Ather Energy Ltd is engaged in developing electric vehicle battery packs and other related items.
The tentative IPO listing date of Ather Energy has been fixed as Wednesday, May 6, 2025.
The bidding date for the Ather Energy IPO is April 28, 2025, and it will continue until April 30, 2025.
The minimum IPO lot size for Ather Energy is 46 shares, and for sNII, it is 14 lots and for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Monday, May 2, 2025.
The IPO face value is set at ₹1 per share.
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