Ather Energy Limited IPO Live Updates and Reviews
Posted by : sachet | Fri Apr 25 2025

Ather Energy IPO will open for subscription on 28th April 2025 and will close on 30th April 2025. The allotment will be finalised on 2nd May 2025, and the IPO is on the focus of investors for its tentative listing date of 6th May 2025. It is a combination of a fresh issue of 8.18 crore shares worth ₹2626 crores and an offer for sale of 1.11 crore shares worth ₹354.76 crores.
Ather Energy IPO
The face value of Ather Energy shares stands at ₹1 per share. On the other hand, the price band for this IPO is set at ₹304 to ₹321 per share. Link Intime India Services Pvt. Ltd., the registrar of this issue, awaits announcing the allotment status on 2nd May 2025.
Explore the table below to learn more about Ather Energy IPO details and timelines.
Particular | Date |
IPO Open | 28th April 2025 |
IPO Close | 30th April 2025 |
Issue Size | 9,28,58,599 shares (worth ₹2,980.76 cr) |
IPO Allotment | 2nd May 2025 |
Refund Initiation | 5th May 2025 |
Issue Type | Book-Built Issue |
Face Value | ₹1 per share |
Price Band | ₹304 to ₹321 per share |
Lot Size | 46 shares |
Listing Date | 6th May 2025 |
Listing On | BSE & NSE |
Ather Energy IPO Details: Offer Details, Issue Size, and More
Ather Energy Limited has come with its IPO and announced a fresh issue of 8.18 crore shares worth ₹2,626.00 crore and an offer for sale of 1.11 crore shares worth ₹354.76 crores. Ather Energy IPO, opening for subscription, will likely list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Securities Exchange Board of India (SEBI) has mandated companies to reserve shares for different categories of investors at the prescribed percentage of the net issue. Here is the segregation of shares offered in the Ather Energy IPO among different types of investors.
Categories | Quota (in %) |
QIB | >75% of net issue |
NII (sNII+bNII) | <15% of net issue |
Retail Investors | <10% of net issue |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
Ather Energy IPO GMP Live Updates
Ather Energy IPO GMP is ₹20 per share, which means shares are likely to list at ₹341 per share (₹321+₹20). Here are the live updates on Ather Energy IPO GMP. Moreover, GMP is subject to change daily, and it is essential to check live GMP data before applying for an IPO. Stay informed about Ather Energy IPO GMP details with Univest.
Date | GMP (in Rs) | GMP Trend |
24/04/2025 | 20 | Decreasing |
23/03/2025 | 20 | Decreasing |
22/03/2025 | 40 | Increasing |
Ather Energy IPO Review: Fundamental Analysis

Ather Energy Limited has performed impeccably over the past few decades. With a strong positive outlook, investors can expect substantial listing gains from the Ather Energy IPO. Explore the fundamentals of the Ather Energy IPO to make a verdict on the IPO’s success.
- Financial Position
The financial performance of a company might reflect the company’s potential to succeed in the competitive business environment. Ather Energy Limited has shown impressive growth in its YoY revenue, PAT margins, and net assets. It signals that the company has the potential to deliver tremendous returns in the coming years.
For example, during FY2023- 24, the revenue of Ather Energy Limited decreased by 0.704% from ₹1,801.8 crore to ₹1,789.1 crore and profit after tax decreased by 22.57% to reach -₹1059.7 crores.
This momentum indicates that Ather Energy IPO could gain mass attention towards listing gains on 2nd May 2025. However, the above information is taken from authentic sources and is for informational purposes only.
- Ather Energy Limited Technicals
Use the technical parameters to assess the stock price trend for the coming time. While researching the Ather Energy IPO, add some of the technical parameters to your list. These include.
KPIs | Value |
PE ratio (Price-to-Earnings) | -8.8 |
PB Ratio (Price-to-Book) | 13.38 |
ROE (Return on Equity) | -194.00% |
EPS (Earnings Per Share) | -36.46 |
Market Capitalisation (in cr.) | ₹11,955.66 Cr. |
Ather Energy Limited’s EPS stands at -36.46, which means the company loses around ₹36 for each share. On the other hand, the PE ratio of Ather Energy Ltd. is valued at -8.8. Consider these parameters before applying for the Ather Energy IPO to generate maximum returns.
- Inventory Turnover Ratio
As per the recent updates, the inventory turnover ratio of Ather Energy Limited has suffered a significant decrease. This means that the company might generate slower sales and have to deal with inefficient inventory management. This could be a negative signal for investors looking to hold Ather Energy shares for a long time.
- Ather Energy Limited Peer Comparison
Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS (Rs) | RoNW | NAV (in Rs) |
Ather Energy Limited | 1,789.10 | -8.8 | 1 | -36.46 | -194 | 24 |
Hero Motocorp Ltd. | 9,620.00 | 20 | 2 | 187 | 21 | 884 |
Bajaj Auto Ltd. | 11,770.00 | 29 | 10 | 273 | 29 | 935 |
Ola Electric Mobility Limited | 5,009.83 | -12.73 | 10 | -4 | -78 | 6 |
Tvs Motor Company Ltd. | 9,980.00 | 68 | 1 | 36 | 26 | 143 |
Eicher Motors Ltd. | 5,020.00 | 37 | 1 | 146 | 22 | 657 |
Note: The pre-issue PE ratio is calculated based on the company’s earnings as of the date of RHP. See the table below for updated price metrics.
Metric | Pre-IPO | Post-IPO |
PE Ratio | -8.8 | -15.52 |
EPS (in Rs) | -36.46 | -20.69 |
Ather Energy IPO Bidding Requirements
To bid or apply for the Ather Energy IPO, investors must meet the requirements related to the minimum lot size to apply. Here are the bidding requirements for different categories of investors.
Investor Category | Lots | Shares | Amount (in Rs) |
Retail Investors (Minimum) | 1 | 46 | ₹14,766 |
Retail Investors (Maximum) | 13 | 598 | ₹1,91,958 |
S-HNI (Minimum) | 14 | 644 | ₹2,06,724 |
S-HNI (Maximum) | 67 | 3,082 | ₹9,89,322 |
B-HNI (Minimum) | 68 | 3,128 | ₹10,04,088 |
Objectives For Ather Energy IPO
The primary aim of the Ather Energy IPO is to raise ₹2,980.76 crore for different organisational purposes. Here are some secondary objectives of Ather Energy to utilise these funds.
- To fund capital expenditure for the establishment of an E2W factory in Maharashtra, India.
- General corporate purposes.
- Repayment of certain borrowings availed by the company.
- Investment towards research and development.
- Expenditure for marketing purposes.
Experts’ View on Ather Energy IPO
As of now, the Ather Energy IPO remains unrated by brokers and analysts. However, you can explore the pros and cons of the IPO to make an informed investment decision.
Pros of Ather Energy IPO
- Exposure to Dominant Industry.
- Rise in Total Assets.
- Plans for Optimum Utilisation of IPO Receipts.
Cons of Ather Energy IPO
- Negative P/E Ratio.
- Declining Financials
- Negative Earnings Per Share.
About Ather Energy Limited

Ather Energy Limited is an Indian electric two-wheeler company which was incorporated in 2013. It is engaged in the design and development of electric scooters, charging infrastructure, and other related supporting software systems. The company has a focus on innovative products and technology development.
The product ecosystem of Ather Energy Limited consists of Ather Grid, which is a public fast-charging network for two-wheelers, and Atherstack, which is a proprietary software platform. The company’s strategy is mainly built on key factors, including design and engineering, software product ecosystem, cost-efficient operations, and premium market reputation.
Ather Energy Limited Financials
Invest in a company that has a robust financial position in the market. It shows the ability of the business firm to sustain a competitive edge. Explore the table below for the financial analysis before applying for the Ather Energy IPO.
Year Ended | 30th September 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Net Assets | 2,172 | 1,913.5 | 1,976.8 | 818.6 |
Total Borrowings | 1,121.6 | 314.9 | 485.2 | 298.4 |
Revenue | 1,617.4 | 1,789.1 | 1,801.8 | 413.8 |
Profit After Tax | -577.9 | -1,059.7 | -864.5 | -344.1 |
Net Worth | 108 | 545.9 | 613.7 | 224.9 |
Explanation: During FY2023- 24, the revenue of Ather Energy Limited decreased by 0.704% from ₹1801.8 crore to ₹1789.1 crore and profit after tax decreased by 22.57% to reach -₹1059.7 crores.
How to Apply for Ather Energy IPO?

Applying for the Ather Energy IPO is not as complex as it seems. Follow the steps mentioned below to apply for this IPO.
- Know the Details: Conduct thorough research on IPO details like issue size, shares offered, lot size, live GMP, updated subscription status, etc.
- Open a Demat Account: Open a demat account on Univest to apply for the IPOs. If you already have a Demat account, navigate to the IPO section.
- Place a Bid: Make a bid for the number of lots you wish to buy. For the retail category, the minimum lot size is prescribed as 46 shares worth Rs 14,766.
- Approve Mandate: Once you’re done with the application, you will receive the mandate request on the chosen mode of payment. Approve the request and wait for the allotment to be finalised.
How to Check Allotment Status for Ather Energy IPO?
The Ather Energy IPO allotment is set to be finalised on 2nd May 2025. However, a few people still need clarification on how to check allotment status online. There are two different procedures to check the allotment status of Ather Energy IPO: the BSE Website and the Registrar Portal. Keep scrolling to explore the detailed procedure.
Check Allotment Status On BSE’s Official Website
Here are some notable steps to check the Ather Energy allotment status through BSE.
- Step 1: Visit the official website of BSE.
- Step 2: Select Equity as the issue type.
- Step 3: Choose Ather Energy IPO.
- Step 4: Select whether to proceed with the PAN number or the application number.
- Step 5: Submit your information to check the allotment status online.
Check Allotment Status On Registrar’s Portal
- Step 1: Visit the registrar portal.
- Step 2: Click on the allotment option.
- Step 3: Fill in the required details.
- Step 4: Click on the submit button to know your allotment status.
Conclusion
The Ather Energy IPO seems to be a lucrative investment opportunity for investors as the company has an exposure to a dominant industry and strategic plans to utilise the funds from IPO receipts. However, it is advisable to consider crucial factors like negative P/E Ratio and EPS. Staying aware of such relevant factors can help investors make a wise decision for Ather Energy IPO, which will list on 6th May 2025 on NSE & BSE.
Need expert advice to assist your IPO investment strategy? Download the Univest app now to get started!
FAQs
1. Is Ather Energy IPO good?
Ans. As per the brokers and experts, the Ather Energy IPO could offer investors higher listing gains. The company is operating in a dominant sector with high growth prospects. It indicates that the IPO will deliver impeccable short-term gains. However, conducting your own risk assessment before applying for an IPO is essential to avoid significant losses in the share market.
2. Who is the registrar of the Ather Energy IPO?
Ans. Link Intime India Pvt. Ltd., the registrar of this fresh issue, awaits announcing the allotment status on 2nd May 2025. The registrar of the IPO is responsible for managing the allotment process and the refund initiation of the IPO.
3. What is the Ather Energy IPO?
Ans. Ather Energy IPO is a combination of a fresh issue of 8.18 crore shares worth ₹2626 crores and an offer for sale of 1.11 crore shares worth ₹354.76 crores. The face value of Ather Energy shares stands at ₹1 per share. On the other hand, the price band for this IPO is set at ₹304 to ₹321 per share.
4. When will the Ather Energy IPO be allotted?
Ans. Ather Energy IPO allotment is set to be finalised on 2nd May 2025 under the supervision of Link Intime India Pvt. Ltd. Once the allotment gets finalised, you will be able to check it through BSE’s official website and registrar portal. Visit Univest to stay informed about IPO updates and live data so as not to miss the chance to generate impeccable returns.
5. What is the issue size of Ather Energy IPO?
Ans. Ather Energy IPO is the fresh issue of 8.18 crore shares worth ₹2626 crores and an offer for sale of 1.11 crore shares worth ₹354.76 crores. The IPO is set to open for bidding on 28th April 2025 and will remain open till 30th April 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the Tankup Engineers IPO, download the Tankup Engineers IPO RHP and Tankup Engineers IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
Read Our Articles on the Best Stocks
Best Cement Stocks To Invest in India
What is Earnings Per Share EPS?
Top Multibagger Penny Stocks For 2025 | Potential Picks
Fundamentally Strong Stocks on NSE in 2025
Debt-Free Penny Stocks in India 2025
Best Realty Stocks In India 2025
Debt Free Penny Stocks Below 1 Rupee
Also Explore
Explore Current and Previous IPOs
Company | Opening Date | Closing Date |
Arisinfra Solutions Limited | 20th March 2025 | 25th March 2025 |
Paradeep Parivahan Limited | 17th March 2025 | 19th March 2025 |
Divine Hira Jewellers Limited | 17th March 2025 | 19th March 2025 |
Super Iron Foundry Limited | 11th March 2025 | 13th March 2025 |
PDP Shipping & Projects Limited | 10th March 2025 | 12th March 2025 |
NAPS Global India Limited | 4th March 2025 | 6th March 2025 |
Balaji Phosphates Limited | 28th February 2025 | 04th March 2025 |
Shreenath Paper Products Limited | 25th February 2025 | 28th February 2025 |
Nukleus Office Solutions Limtied | 24th February 2025 | 27th February 2025 |
Beezasan Explotech Limited | 21th February 2025 | 25th February 2025 |
HP Telecom India Limited | 20th February 2025 | 24th February 2025 |
Univest Screeners
Explore Webstories on Univest
1. Best Time To Buy Dividend Stocks
2. How RBI Policies Affect Dividend Stocks
3. Can Dividend Stocks Beat Inflation
4. What Is The Dividend Aristocrat List
5. Which Indian Psus Offer The Best Dividends
6. Large Cap Vs Small Cap Dividend Stocks
Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Related Posts
L&T Tech Q4 Results 2025 Highlights: Net Profit Tumbled 9%
Maruti Suzuki Q4 Results 2025 Highlights: Profit drops by 1.04% to Rs 3911.10 crore
SBI Life Q4 Results 2025 Highlights: PAT Up 27% & Premiums Surged 7.3%; Check Key Insights
Adani Energy Q4FY25 Results: Net Profit Surges 79% YoY & Revenue Jumps 35%; Check Key Details
Stock Market Today: Sensex Fell 800+ Points; Nifty50 Down 1.17% to 23,959.30