The Ather Energy IPO minimum market lot is 46 shares with ₹14,766 application amount. The Ather Energy IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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 and it ensures 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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Ather Energy IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.76 |
| NII | 0.17 | 0.28 | 0.69 |
| bNII | 0.19 | 0.30 | 0.74 |
| sNII | 0.12 | 0.24 | 0.60 |
| RII | 0.69 | 1.19 | 1.89 |
| Total | 0.17 | 0.30 | 1.50 |
Ather Energy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ather Energy IPO Review and Rating
- IPO Watch – May Apply For Long-term View
- Arihant Capital – Apply
- Bajaj Capital – May apply
- Capital Market – Neutral
- SMC Global – Neutral
- Ventura Securities – Apply
Ather Energy IPO Form
How to apply for the Ather Energy IPO? You can apply for Ather Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ather Energy IPO in the Invest section. The other option is you can apply for Ather Energy IPO via IPO forms downloaded online. Check out the Ather Energy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
