About Ather Energy Limited

Ather Energy IPO is a bookbuilding of Rs 2,980.76 crores. The issue is a combination of fresh issue of 8.18 crore shares aggregating to Rs 2,626.00 crores and offer for sale of 1.11 crore shares aggregating to Rs 354.76 crores.

Ather Energy IPO opens for subscription on April 28, 2025 and closes on April 30, 2025. The allotment for the Ather Energy IPO is expected to be finalized on Friday, May 2, 2025. Ather Energy IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, May 6, 2025.

 

Ather Energy IPO price band is set at Rs 304 to Rs 321 per share. The minimum lot size for an application is 46. The minimum amount of investment required by retail investors is Rs 13,984. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to Rs 14,766. The minimum lot size investment for sNII is 14 lots (644 shares), amounting to Rs 2,06,724, and for bNII, it is 68 lots (3,128 shares), amounting to Rs 10,04,088.

Axis Capital Limited, Hsbc Securities & Capital Markets Pvt Ltd, Jm Financial Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Ather Energy IPO, while Link Intime India Private Ltd is the registrar for the issue.

Ather Energy Limited Timeline

Issue open date	28 Apr 2025 10 AM
Issue close date	30 Apr 2025 5 PM
Allotment finalization	02 May 2025
Refund initiation	05 May 2025
Share credit	05 May 2025
Listing date	06 May 2025

Documents

• Download Prospectus