Ather Energy IPO: 5 Big Updates – Allotment Status, Zero GMP, BSE/NSE Listing Date Revealed full details are here
As investors eagerly await the allotment results of Ather Energy’s Initial Public Offering (IPO), the focus has now shifted to when and how to check the IPO allotment status online. The Ather Energy IPO, which closed for subscription on April 30, 2025, received a moderate response from the public. As per market updates, the Ather IPO allotment status is expected to be released today, May 2.
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The IPO of the electric vehicle (EV) manufacturer opened on April 28 and closed on April 30. The listing of Ather Energy shares is expected to take place on Monday, May 6, 2025, on both the BSE and NSE stock exchanges. The shares will be credited to successful applicants’ Demat accounts by May 5, while refunds to unsuccessful investors will also be processed on the same day.
IPO Subscription Overview
Ather Energy’s public issue saw a total subscription of 1.43 times, receiving 7.65 crore share bids compared to 5.33 crore shares offered, according to BSE data.
- Retail investors subscribed 1.78 times their reserved portion.
- Qualified Institutional Buyers (QIBs) booked 1.70 times.
- Non-Institutional Investors (NIIs) only subscribed 66%.
- The employee quota saw an impressive 5.43 times subscription.
Despite being a much-anticipated IPO in the booming EV segment, the relatively lukewarm response from non-institutional investors may reflect concerns over market volatility or valuation.
Ather Energy IPO Price Band and Offer Details
The price band for the IPO was set at ₹304 to ₹321 per share. The company aimed to raise a total of ₹2,981.06 crore, which includes:
- Fresh issue of 8.18 crore shares, totaling ₹2,626.30 crore
- Offer for Sale (OFS) of 1.11 crore shares, worth ₹354.76 crore
The funds will help Ather expand its manufacturing capacity, enhance research and development, and support working capital requirements.
Ather Energy IPO GMP Today
As of today, the Grey Market Premium (GMP) for Ather Energy shares stands at ₹0, suggesting that the shares are trading at their issue price of ₹321 in the unofficial market. This indicates a flat listing is expected, unless market sentiment improves closer to the listing day.
How to Check Ather Energy IPO Allotment Status Online
Investors can verify their allotment status via the BSE website or the official registrar, Link Intime India Pvt Ltd.
✔️ Through BSE Portal:
- Go to: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ under issue type
- Choose ‘Ather Energy Limited’ from the dropdown
- Enter Application Number or PAN
- Complete CAPTCHA and click ‘Search’
✔️ Through Link Intime Website:
- Visit: https://linkintime.co.in/initial_offer/public-issues.html
- Select ‘Ather Energy Limited’ under company name
- Choose your identification type – PAN, Application No., DP ID/Client ID
- Enter relevant details and hit ‘Search’
The allotment status will then be displayed on the screen.
Lead Managers and Registrar
The IPO was managed by Axis Capital, HSBC Securities & Capital Markets, JM Financial, and Nomura Financial Advisory and Securities (India). The registrar handling the allotment and refund process is Link Intime India Pvt Ltd.
Final Thoughts
With allotment expected any moment today and a listing slated for early next week, all eyes are on Ather Energy’s performance in the secondary market. Despite no premium in the grey market, the brand’s growing footprint in India’s EV space may yet drive long-term investor interest post-listing.
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