Ather Energy IPO GMP, Open Date, Price Band, Electric Vehicle (EV)

  • 26-Oct-2024
  • 2 mins read
Ather Energy IPO GMP, IPO open date

Ather Energy IPO GMP, Open Date, Price Band, Electric Vehicle (EV)

Ather Energy IPO open date is expected to be in the last week of February 2025. This new IPO is a book-built issue of Rs 3,100 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 3,100 crore and OFS is of 2.2 crore equity shares.

Ather Energy IPO price band is yet to be announced. As of now, Ather Energy IPO GMP quotation is not yet started. Live IPO Grey Market Premium details will be visible online. 

The lower and upper price band is expected to be around Rs 130 per share. The grey market premium quotation indicates huge interest of retail investors. After the release of the IPO issue date final GMP quote will be available. 

Also Read | Swiggy IPO GMP, Issue Size, Open Date, Price Band, Allotment Status

Ather Energy IPO GMP

Ather Energy IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ather Energy IPO GMP might rise in the coming days.

Checkout the Video to Know the Interesting Facts of Ather Energy IPO

Ather Energy IPO Price Band

Ather Energy IPO price band is expected to be above Rs 130 per share. However, the final price band is not yet released. The minimum amount of investment for the retail category is to be around Rs 14,850 and for small NII minimum investment is to be around Rs 2,01,000. The minimum investment for the Big NII is to be around Rs 10,01,000.

Ather Energy IPO Open Date, Close Date

Ather Energy IPO open date and close date is expected to be near to 24 February to 26 February 2025. However, as of now the open and close date is not yet finalised.

Ather Energy IPO Allotment Status

Ather Energy IPO allotment status is expected to be finalised in the last week of February 2025. The listing will be on the BSE and NSE platforms in the first week of March 2025. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Ather Energy IPO Listing Date

Ather Energy IPO's listing date is expected to be in the first week of March 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Ather Energy IPO: Listing Date, Lot Size, Price Band

Ather Energy IPO Open Date

 Last week of February 2025 (Tentative)

IPO Listing Date

First week of March 2025 (Tentative)

Face Value

Rs 10 per share

IPO Price

Expected to be above Rs 130 per share

IPO Lot Size

Yet to be announced

Total Issue Size

Yet to be announced

Fresh Issue

Rs 3100 crore

Offer for Sale

2.2 crore equity shares

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Ather Energy IPO  Limited: About the Company

Ather Energy Logo & Brand Assets (SVG, PNG and vector) - Brandfetch

Ather Energy Limited was founded in 2013, engaged in the business of manufacturing Electric scooters, Smart Helmets, many more.  Ather Energy is recognized for its high-quality electric scooters and a robust charging infrastructure across key cities. Ather Energy ‘s commitment to sustainability and innovation has positioned it as a leader in the Indian electric two-wheeler market. Ather holds a 12% market share in the two wheeler industry. 

Ather Energy IPO Objectives

Ather Energy IPO's objective is to establish an electric two-wheeler factory in Maharashtra. Also, the funds will be used for investment in research and development. The remaining funds will be used for marketing initiatives, repayment of loans and fulfilling general corporate purposes. 

Ather Energy IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Expected on last week of February 2025

IPO Close Date

Expected on third week of February 2025

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

Expected on first week of March 2025

Cut-off time for UPI mandate

Yet to be announced

Ather Energy IPO Subscription Details, IPO Reservation

Ather Energy IPO subscriptions status will be available after the IPO opens in the last week of February 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Ather Energy IPO Lot Size Details

Ather Energy IPO IPO lot size is set at (x) shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,850, and the maximum is 13 lots, amounting to be around Rs 1,90,000. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,01,000.

Ather Energy IPO Promoter Holdings

Ather Energy IPO promoters are Tarun Sanjay Mehta and Swapnil Babanlal Jain. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Ather Energy IPO Registrar

Ather Energy IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Ather Energy IPO Lead Managers

Ather Energy IPO lead managers are Axis Capital Limited, HSBC Securities and Capital Market India Private Limited. JM Financial Limited, Nomura Financial Advisory and Securities India Private Limited. 

How to apply to Ather Energy IPO

Interested investors can apply to the Ather Energy IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Ather Energy IPO Review

Ather Energy IPO may get a positive response from the general public. The company is involved in the electric vehicle business. So, investors interested in the EV sector can apply to this IPO. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Ather Energy IPO GMP will also rise.

Ather Energy IPO FAQ

1. What are the details of the Ather Energy IPO?

Ather Energy IPO is a book-built issue of Rs 3100 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 3,100 crore and OFS is of 2.2 crore equity shares.

2. When will the Ather Energy IPO open and close?

Ather Energy IPO open date and close date is expected to be near to 24 February to 26 February 2025. However, as of now the open and close date is not yet finalised.

3. What is Ather Energy IPO GMP?

Ather Energy IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ather Energy IPO GMP might rise in the coming days.

4. What are the details of Ather Energy IPO Subscription Status?

Ather Energy IPO subscription status will be available after the IPO opens in the last week of March 2025. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Net Institutional investors. 

5. Write the details of the IPO Allotment Status?

Ather Energy IPO allotment status is expected to be finalised in the last week of February 2025. The listing will be on the BSE and NSE platforms in the first week of March 2025. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Ather Energy IPO?

Ather Energy IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are  Axis Capital Limited, HSBC Securities and Capital Market India Private Limited. JM Financial Limited, Nomura Financial Advisory and Securities India Private Limited.

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