Ather Energy Ltd. IPO

Q: What is the size of Ather Energy Ltd. IPO?

The size of the Ather Energy Ltd. IPO is &#8377;2,981.06 Cr.

Q: What is the price range of Ather Energy Ltd. IPO?

The price range of Ather Energy Ltd. IPO is at &#8377;304 to &#8377;321 per share.

Q: What is the minimum investment and lot size required for the Ather Energy Ltd. IPO?

The minimum investment required is &#8377;14,766 and minimum lot size is 46 shares.

Ather Energy Ltd., established in 2013, operates in the Auto Ancl - Batteries sector. The company's IPO opened on April 28, 2025 and closed on April 30, 2025, with an issue price of ₹321. The Ather Energy Ltd. IPO is a book-built issue of ₹2,981.06 Cr, with a price band of ₹304 to ₹321 per share. The issue includes a total of 9.29 Cr shares on offer. The shares got listed on BSE, NSE on May 6, 2025. As of the latest update, the stock is trading at ₹754.70 on BSE and ₹754.75 on NSE. Since its listing, the stock has shown a change of 135.11% on BSE and 135.12% on NSE from its issue price.

Min Investment

₹ 14,766 / 46 shares

Price Range

₹304 - ₹ 321

Bidding Dates

28 Apr '25 - 30 Apr '25

Total Issue Value

2,981.06 Cr

Lot Size

Total Issue Size

2,981.06 Cr

Listing At

BSE, NSE

Subscription

1.50 times

BSE Price

754.70 (135.11%)

NSE Price

754.75 (135.12%)

IPO Timeline

28 Apr 2025

Bidding Starts
30 Apr 2025

Bidding Ends
2 May 2025

Allotment Finalization
6 May 2025

Listing

About Ather Energy Ltd.

We are a pure play EV company that sells E2Ws and the associated product ecosystem, comprised of our software, charging infrastructure and smart accessories, all of which are conceptualised and designed by us in India. We manufacture battery packs in-house using lithium-ion cells procured from suppliers and outsource the manufacturing of all other vehicle components, such as electronics and chassis. We procure chargers and motors used in our E2Ws from our suppliers who design and manufacture them. We assemble our E2Ws in-house. Our E2W portfolio comprises two product lines, the Ather 450 and the Ather Rizta, with seven variants. The Atherstack, our in-house developed software, provides features related to navigation, analytics, ride assistance, safety and productivity, and is integrated with our product ecosystem. Our products are positioned at premium prices in their respective segments.

Parent organisation

Founded

Ather Energy Ltd.

2013

Ather Energy Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	4,17,45,576 (44.95%)
Employee Reserved	1,00,000 (0.11%)
Non Institutional Investors	1,39,15,191 (14.98%)
Qualified Institutional Buyers (QIBs)	2,78,30,384 (29.97%)
Retail Individual Investors (RIIs)	92,76,794 (9.99%)

Ather Energy Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	2,305.20 Cr	-812.30 Cr	463.90 Cr
31 Mar 2024	1,789.10 Cr	-885.10 Cr	545.08 Cr
31 Mar 2023	1,801.80 Cr	-864.50 Cr	613.08 Cr

Ather Energy Ltd. Background

Major Events And Milestones

2013

Founded by Tarun Sanjay Mehta and Swapnil Babanlal Jain
2018

Launch of Ather 450
Launch of our first experience center and charging infrastructure
2020

Launch of Ather 450X
2021

Commenced operations at the first facility in Hosur factory
2022

Commenced operations at the second facility in Hosur factory
2023

Launch of Ather 450S
2024

Launch of Ather 450 Apex and Rizta
Crossed cumulative sales of 341,113 E2Ws
Sub-lease of land for 95 years for setting up of Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra

Ather Energy Ltd. Object of Issues

1. Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India
2. Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company
3. Investment in research and development
4. Expenditure towards marketing initiatives
5. General corporate purposes

Ather Energy Ltd. IPO Listing Details

Listing Date

6 May 2025

BSE Script Code

ATHERENER

NSE Symbol

ATHERENER

ISIN

INE0LEZ01016

Final Issue Price

₹ 321

Ather Energy Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 321.00	₹ 321.00
Open	₹ 326.05	₹ 328.00
Low	₹ 300.00	₹ 299.10
High	₹ 332.90	₹ 333.00
Last Trade	₹ 302.50	₹ 302.30

Ather Energy Ltd. Company Promoters

1. Tarun Sanjay Mehta
2. Swapnil Babanlal Jain
3. Hero MotoCorp Limited

Industry Overview

According to the CRISIL Report, India is the largest global motorised 2W market by volume with 18.4 million units sold in Fiscal Year 2024, of which 16% were exports. In the nine months ended December 31, 2024, exports accounted for 17% of the overall 2W sales in India. There is increasing ... Read more

Ather Energy Ltd. Contact Details

Address: 3rd Floor, Tower D, IBC Knowledge Park, #4/1, Bannerghatta Main Road, Bengaluru Karnataka - 560029
Phone no:664657570

Email: [email protected]

664657570

Visit Website

Ather Energy Ltd. IPO Registrar

MUFG Intime India Pvt. Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083

8108114949

Ather Energy Ltd. IPO Lead Manager(s)

Axis Capital Ltd.

Axis House, 1st Floor, C-2 Wadia International Centre PB Marg, Worli, Mumbai Maharashtra - 400025

43252183

FAQs

When does Ather Energy Ltd. IPO opens and closes?

Ather Energy Ltd. IPO opens from 28th April to 30th April 2025.

What is the size of Ather Energy Ltd. IPO?

The size of the Ather Energy Ltd. IPO is ₹2,981.06 Cr.

What is the price range of Ather Energy Ltd. IPO?

The price range of Ather Energy Ltd. IPO is at ₹304 to ₹321 per share.

What is the minimum investment and lot size required for the Ather Energy Ltd. IPO?

The minimum investment required is ₹14,766 and minimum lot size is 46 shares.

When is Ather Energy Ltd. IPO listing date?

The Ather Energy Ltd. IPO will be listed on 6th May 2025.

What is the objective of Ather Energy Ltd. IPO?

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