Ather Energy Limited, a leading electric two-wheeler manufacturer in India, is launching its highly anticipated IPO. Known for its innovation-driven EV products like the Ather 450X, the company aims to leverage the funds to scale operations, enhance R&D, and strengthen its charging infrastructure.
📅 Ather Energy IPO Schedule
- IPO Opening Date: April 28, 2025
- IPO Closing Date: April 30, 2025
- Allotment Finalization: May 2, 2025
- Refunds Initiated: May 5, 2025
- Shares Credited to Demat: May 5, 2025
- Listing Date: May 6, 2025
💰 Ather Energy IPO Details
- Price Band: ₹304 to ₹321 per equity share
- Face Value: ₹10 per share
- Lot Size: 46 shares
- Minimum Retail Investment: ₹14,766 (based on upper price band)
- Total Issue Size: ₹2,626 crore
🏢 About Ather Energy
Founded in 2013, Ather Energy designs, manufactures, and sells electric scooters with an in-house developed powertrain and battery management system. It has also deployed a robust charging network under the brand Ather Grid. The company’s focus on technology, user experience, and design has helped it build a strong urban market presence in India’s growing EV ecosystem.
📈 Objectives of the IPO
The net proceeds will be used for:
- Expanding manufacturing capacity
- Strengthening Ather Grid charging infrastructure
- Research and development
- General corporate purposes
📊 Ather Energy IPO GMP (Grey Market Premium)
As of the latest update, the Ather Energy IPO GMP is ₹7 per share.
- Price Band (Upper): ₹321
- Estimated Listing Price: ₹328
- Expected Listing Gain: ₹7 per share (~2.18%)
⚠️ What Does This Mean for Investors?
The GMP (Grey Market Premium) represents the premium at which Ather shares are being traded unofficially before listing. A positive GMP like this indicates investor optimism and suggests the IPO may list at a slight premium.
However, GMP is subject to rapid fluctuations and depends on overall market sentiment. Relying solely on GMP for investment decisions can be risky. Investors are strongly advised to evaluate Ather’s fundamentals, competitive positioning, financials, and growth potential alongside GMP trends.
