Ather Energy IPO Subscribed 1.50x on Day 3

Ather Energy IPO subscribed over 1.50x on its last day of subscription, wherein QIB subscribed 1.76x, NII subscribed 0.69x, and RII subscribed 1.89x.

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 1.50x on its last day till 05.00 PM on 30th April 2025.

  • Ather Energy IPO subscription QIB investors portion is 1.76x times, while NII subscribed 0.69x times and RII investors subscribed 1.89x times.
  • The company has received bids for 5,11,22,370 shares against 7,67,49,022 shares on offer on the last day. 
  • Ather Energy IPO subscribed over 1.50x on day 3. 
  • 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 Thursday, 30th April 2025. That indicates the IPO is trading at ₹321 with a ₹0 premium in the grey market against the issue price of ₹321.

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