58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Ather Energy Limited IPO (Ather Energy IPO) Detail

Ather Energy IPO is a book build IPO listing on BSE,NSE exchange. The company is based in Bangalore and caters to Automobile sector. Axis Capital is the merchant banker of Ather Energy IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th September 2024.

Ather Energy IPO open date is 28th April 2025 and close date is 30th April 2025. IPO Allotment Date is 2nd May 2025 and Listing date is 6th May 2025.

IPO Category : MainBoard Upcoming
Exchange : BSE,NSE
Issue Type : Book Building

Ather Energy IPO Date

Date of DRHP:
9th September 2024
IPO Allotment Date:
2nd May 2025
IPO Open Date:
28th April 2025
Initiation of Refund:
5th May 2025
IPO Closing Date:
30th April 2025
IPO Listing Date:
6th May 2025

Ather Energy IPO Info, Size, Subscription

Ather Energy IPO size is Rs 2980.76 Cr. with IPO price of Rs 321.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 2980.76 Cr.

Issue Price:
₹ 321.00

Market Capitalisation :
₹ 11955.66 Cr.

PE multiple :
-15.52

Subscription :
[●]

Pre Issue Promoter Holding :
52.67 %

Post Issue Promoter Holding :
42.09%

Ather Energy IPO Information

Sub Sector : Design and develop E2Ws, battery packs, charging infrastructure, associated software and accessories
Ather Energy is a pioneer in the Indian electric two-wheeler ('E2W') market, according to the CRISIL Report. Ather Energy design and develop E2Ws, battery packs, charging infrastructure, associated software and accessories, while Ather Energy manufacture their battery packs and assemble their E2Ws in-house. Ather Energy was founded by Tarun Sanjay Mehta and Swapnil Babanlal Jain in 2013, with a focus on product and technology development in India in order to build an E2W ecosystem. Ather Energy is a pure play EV company that designs all their products ground-up in India. Ather Energy sold 109,577 E2Ws in Fiscal Year 2024. According to the CRISIL Report, in Fiscal Year 2024, Ather Energy were the third largest player by volume of E2W sales. Ather Energy build products with
Show More

Object of Issue (Ather Energy IPO Objectives)

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

Axis Capital Limited is the book-running lead manager of the Ather Energy IPO. Link Intime India Private Limited is the Registrar and Market Maker is [●] for Ather Energy IPO.

Ather Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Ather Energy IPO?

Ather Energy IPO, based in Bangalore, operates in the   Automobile sector with a focus on Design and develop E2Ws, battery packs, charging infrastructure, associated software and accessories. The company is launching its MAINBOARD UPCOMING IPO on the BSE,NSE exchange, using the Book Building Issue method. Ather Energy IPO size is ₹ 2980.76 Cr. Crores with fresh issue size of Rs 2626.00 Cr. Crores and Offer for sale being 354.76.

When is Ather Energy IPO allotment?

The IPO allotment date for Ather Energy IPO is expected to be 2nd May 2025, after the finalization of basis of allotment. Investors can check Ather Energy IPO allotment status on the registrars website, Link Intime India Private Limited. Ather Energy IPO refund dates are 5th May 2025.

When is Ather Energy IPO listing date?

Ather Energy IPO is expected to be listed on 6th May 2025.

What is the price band for Ather Energy IPO?

The upper price band for the Ather Energy IPO is set at ₹ 321.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Ather Energy IPO Review?

For IPO analysis on Ather Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Ather Energy IPO?

To apply for the Ather Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th April 2025. After submission, funds are blocked until the basis of allotment of Ather Energy IPO is finalised.

Who is the merchant banker of Ather Energy IPO?

The merchant banker for Ather Energy IPO is Axis Capital Limited , Hsbc Securities & Capital Markets Private limited , Jm Financial Limited , Nomura Financial Advisory And Securities (India) Private Limited . Axis Capital Limited , Hsbc Securities & Capital Markets Private limited , Jm Financial Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ather Energy IPO RHP for further details.

Who is the Registrar of Ather Energy IPO?

The registrar for Ather Energy IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ather Energy IPO through their official website or helpline.

What is the Ather Energy IPO subscription?

Ather Energy IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 2980.76 Cr. Avg IPO Size (Sector Based) : ₹ 2,649.17 Cr.
  • Sector: Automobile IPO so far: 17
  • Merchant Banker: Axis Capital IPO by BRLM so far: 158
  • City: Bangalore IPO so far: 10
  • Revenue (annualised): ₹ 2,156.53 cr.
            PAT: (annualised): ₹ -770.53 cr.
  • PE Ratio: -15.52x Average Sector PE Ratio: 22.18x
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Upcoming IPO List

Imagine Marketing Limited (boAt)

  Electric Equipments

  Mumbai


Bajaj Energy Limited

  Power and Energy

  Mumbai


National Securities Depository Limited (NSDL)

  Banking and Finance

  Mumbai


Fabindia Limited

  Retail

  New Delhi


National Stock Exchange India Limited (NSE)

  Banking and Finance - FinTech

  Mumbai


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Ather Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ather Energy Financial Review Page

Ather Energy IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Ather Energy IPO listed at a listing price of against the offer price of 321.00.

The current market price of Ather Energy is .

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency