Ather Energy Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding 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

About The Company

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 indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    1.7x

  • NIIs

    0.7x

  • Retail

    1.8x

  • Others

    5.4x

  • Total

    1.4x

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FAQs for Ather Energy Ltd.

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