Ather Energy Limited
ListedMainboardConsumer Discretionary / Automotive · NSE / BSE
Ather Energy Limited, incorporated in 2013, is an electric two-wheeler manufacturer in India that designs and builds electric scooters, battery packs, fast-charging infrastructure, and software systems in-house. Known for its premium, software-led products, Ather offers connected features through its Atherstack platform and supports users with the Ather Grid fast-charging network. The company sold around 1.09 lakh electric scooters in FY24 and manufactures at its Hosur plant in Tamil Nadu, which has an annual capacity of 4.2 lakh EVs. With a large retail and service presence in India, Nepal, and Sri Lanka, Ather continues to grow its brand and technology, supported by a strong IP portfolio.
Price Band
₹304 – ₹321
Issue Size
₹2981 Cr
Lot Size
46 shares
GMP
₹12
+3.7%
Est. Listing
₹333
at current GMP
Subscribed
1.50x
overall
Open
28 Apr 2025
Close
30 Apr 2025
Allotment
2 May 2025
Refund
3 May 2025
Demat Credit
4 May 2025
Listing
6 May 2025
Last updated 12 days ago
Official Registrar Verification
Ather Energy Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
2 May 2025
Basis finalization
Refunds Initiate
3 May 2025
Mandate release
Demat Credit
4 May 2025
Shares in demat
Listing Debut
6 May 2025
Trading begins
How to Check Ather Energy Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Ather Energy Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Ather Energy Limited Public Issue & Market Profile
Ather Energy Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Automotive sector with an aggregate issue size of ₹2,980.76 Crores. The shares are offered at a price band of ₹304 to ₹321 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 46 shares (approx. ₹14,766 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-05-04, while un-allotted funds or UPI block mandates will be released on 2025-05-03.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.