06-Jan-2025
2 mins read
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Ather Energy IPO Allotment Status
Ather Energy IPO allotment status is expected to be finalised in the last week of December 2024. The listing will be on the BSE and NSE platforms in the last week of December. 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 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's open date is expected to be in the third week of December 2024. The allotment is expected to be in the last week of December 2024.
3. What is Ather Energy IPO GMP?
Ather Energy IPO GMP quotation is around Rs 77 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Ather Energy IPO GMP might rise in the coming days.
4. What are the details of Ather Energy IPO reservation?
Ather Energy IPO subscription details will be available after the IPO opens in the third week of December 2024. 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. 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.
What is the IPO Allotment Status?
The IPO allotment status indicates whether an investor's IPO application has been selected or not. After the IPO closes, the registrar of the particular IPO conducts the allotment process based on demand and predefined rules.
If investors got the IPO allotment, then details of how many shares are allotted have to be conveyed. Investors can check the allotment status by visiting the registrar's website and entering the application number, PAN, or Demat details.