Ather Energy Limited IPO Live Updates and Reviews

Posted by : sachet | Fri Apr 25 2025

Ather Energy Limited IPO Live Updates and Reviews

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 Close30th April 2025
Issue Size9,28,58,599 shares (worth ₹2,980.76 cr)  
IPO Allotment 2nd May 2025
Refund Initiation 5th May 2025
Issue TypeBook-Built Issue
Face Value₹1 per share
Price Band₹304 to ₹321 per share
Lot Size46 shares
Listing Date6th May 2025
Listing OnBSE & 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. 

CategoriesQuota (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.

DateGMP (in Rs)GMP Trend
24/04/202520Decreasing
23/03/202520Decreasing
22/03/202540Increasing

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. 

  1. 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. 

  1. 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. 

KPIsValue
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. 

  1. 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. 

  1. Ather Energy Limited Peer Comparison
Company NameRevenue (in cr.)PE RatioFace Value (in Rs)EPS (Rs)RoNWNAV (in Rs)
Ather Energy Limited1,789.10-8.81-36.46-19424
Hero Motocorp Ltd.9,620.0020218721884
Bajaj Auto Ltd.11,770.00291027329935
Ola Electric Mobility Limited5,009.83-12.7310-4-786
Tvs Motor Company Ltd.9,980.006813626143
Eicher Motors Ltd.5,020.0037114622657

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.

MetricPre-IPOPost-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 LotsSharesAmount (in Rs)
Retail Investors (Minimum)146₹14,766
Retail Investors (Maximum)13598₹1,91,958
S-HNI (Minimum)14644₹2,06,724
S-HNI (Maximum)673,082₹9,89,322
B-HNI (Minimum)683,128₹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 Ended30th September 2024 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)31st March 2022 (in cr.)
Net Assets2,1721,913.51,976.8818.6
Total Borrowings1,121.6314.9485.2298.4
Revenue1,617.41,789.11,801.8413.8
Profit After Tax-577.9-1,059.7-864.5-344.1
Net Worth108545.9613.7224.9

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.

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