06-Jan-2025
2 mins read
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Ather Energy IPO GMP
Ather Energy IPO GMP is Rs 77 per share. 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.
Ather Energy IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 9% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 9% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Ather Energy IPO GMP is expected to quote the initial ticks at the 14% or above premium.
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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 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.
4. Write the details of the 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.
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 an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes