Recently Viewed
Clear AllBidding Date
28-Apr-2025 to
30-Apr-2025
Issue Size
₹2980.76 Cr
Price Band
₹304 to ₹321
Allotment date
02-May-2025
Listing date
06-May-2025
Lot size
46
No. of shares
9,28,58,600
Fresh issue/OFS
₹2626 Cr/₹354.76 Cr
Ather Energy Ltd, founded in 2013, is a pure play electric vehicle (EV) manufacturer specializing in electric two-wheelers (E2Ws) and the accompanying ecosystem including Atherstack, Ather Grid, Accessories and Smart Features. The company employs a vertically integrated approach, designing most components internally and outsourcing manufacturing to suppliers. The company's production is centralized at its Hosur Factory in Tamil Nadu, with an annual installed capacity of 420,000 E2Ws and 379,800 battery packs. It is currently expanding capacity through a new facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra, aiming to reach 1.42 million units annually. Their business model is asset-light with third-party operated experience centres and service centres across India, Nepal, and Sri Lanka.
Read our in-depth analysis of the Ather Energy Ltd IPO Here
Category
Status
QIBs
1.7x
NIIs
0.7x
Retail
1.8x
Others
5.4x
Total
1.4x
The issue size of Ather Energy Ltd is ₹2,980.76 Cr.
Ather Energy Ltd falls into Automobile industry.
The Ather Energy Ltd IPO will be listed on both NSE and BSE.
The open and close dates for the Ather Energy Ltd are 28-Apr-2025 & 30-Apr-2025.
The price band for the Ather Energy Ltd ipo is ₹304 to ₹321
The listing date of Ather Energy Ltd IPO is 06-May-2025.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Ather Energy Ltd total subscription ratio is 1.4X.
Key financial of the Ather Energy Ltd are:
Ather Energy Ltd | FY-24 | FY-23 | FY-22 |
---|---|---|---|
Revenue (₹ Cr) | 1753.8 | 1780.9 | 408.9 |
EBIT (₹ Cr) | -831.4 | -820.4 | -308.3 |
Proft after Tax (₹ Cr) | -1059.7 | -864.5 | -344.1 |
Debt (₹ Cr) | 314.9 | 485.2 | 298.4 |
Net Worth (₹ Cr) | 545.9 | 613.7 | 224.9 |
RoE (%) | -194.12 | -140.87 | -153 |