Ather Energy IPO subscription started on Monday, April 28, 2025, and will close on April 30, 2025, as per the schedule. The price band is set at ₹304 to ₹ 321 per share with a face value of ₹1 each.
Ather Energy IPO Subscription Status
Ather Energy IPO subscribed over 0.30x on its second day till 05.00 PM on 29th April 2025.
- Ather Energy IPO subscription QIB investors portion is 0.17x times, while NII subscribed 0.28x times and RII investors subscribed 1.19x times.
- The company has received bids for 5,11,22,370 shares against 1,52,95,874 shares on offer on the second day.
- Ather Energy IPO subscribed over 0.30x on day 2.
- Ather Energy IPO subscribed over 0.17x on day 1.
About Ather Energy IPO
Ather Energy is a top player in India’s electric two-wheeler (E2W) market. The company creates electric scooters, battery packs, charging stations, and related software and accessories. It’s known for its innovation and leadership in electric mobility. It has a business of designing battery packs, charging infrastructure, associated software, and accessories. Ather is an all-electric vehicle company that designs all its products in India, showing its focus on local innovation and sustainability They have a focus on manufacturing battery packs and assembling E2Ws in-house it ensuring focus on quality and creativity. It is the first firm to sell two-wheeler (2W) OEM in India to establish a fast-charging network, branded as the Ather Grid, and till now it has sold 1,09,577.
Ather Energy IPO Company Financial Report
The company reported revenue of ₹1,789.1 crores in 2024 against ₹1,801.8 crore in 2023. The company reported loss of ₹1,059.7 crores in 2024 against loss of ₹864.5 crores in 2023.
Ather Energy IPO GMP:
Ather Energy IPO GMP was ₹0 as of Tuesday, 29th April 2025. That indicates the IPO is trading at ₹321 with a ₹0 premium in the grey market against the issue price of ₹321.
