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Ather Energy Limited

  • Minimum Investment
    ₹13,984
  • Price Range
    ₹304 - ₹321
  • Issue Size
    ₹2,980.76 Cr
  • Lot Size
    46 shares

Proceeds of this IPO to be used for

Capital expenditure to be incurred by the company for the establishment of an E2W factory in Maharashtra, India.

Repayment/ pre-payment, in full or part, of certain borrowings availed by the company.

Investment in research and development.

Expenditure towards marketing initiatives.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Ather Energy Limited

Ability to pioneer new technologies

The electrification of the two-wheeler industry accelerated with the launch of high-speed electric two-wheelers (E2Ws). The company entered the market in 2018 with the Ather 450 model and has been a pioneer in the Indian E2W industry, according to the CRISIL Report

Software-defined ecosystem

Powered by the in-house developed Atherstack, the company's software-defined ecosystem aims to improve user experience and drive customer engagement

Scalable technology platform

The company’s technology platform, including the battery, powertrain, electronics, chassis, and Atherstack, supports its entire product lineup. Scooters based on the 450 platform have covered 3.2 billion kilometres since their launch

Limited operating history

The company was incorporated in 2013 and launched its first electric two-wheeler, the Ather 450, in June 2018. With its limited operating history, there is little past information to judge its ability to develop, manufacture, and deliver E2Ws and components, or to predict future profitability

Dependent on EV demand

Demand for the company's electric two-wheelers (E2Ws) and services depends heavily on the overall demand for electric vehicles (EVs) in the Indian market, especially E2Ws

Competitiveness

The company competes with both electric two-wheeler manufacturers and traditional automotive companies in the highly competitive Indian automotive industry. There is no guarantee that it will succeed in competing within India or in other markets it may enter

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Ather Energy Limited

Ather Energy was incorporated on October 21, 2013. The company operates in the Indian electric two-wheeler market. It designs and develops E2Ws, battery packs, charging infrastructure, software, and accessories, and handles battery pack manufacturing and E2W assembly in-house.
  • Promoter
    Tarun Sanjay Mehta
  • Promoter
    Swapnil Babanlal Jain
  • Promoter
    Hero MotoCorp Limited

Ather Energy Limited IPO FAQs

What is Ather Energy Limited IPO?

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Ather Energy Limited IPO refers to the initial public offering of shares by Ather Energy Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Ather Energy Limited IPO?

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For Ather Energy Limited IPO the issue size is ₹2,981 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Ather Energy Limited IPO?

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For Ather Energy Limited IPO the minimum investment is ₹13,984. The minimum investment for Ather Energy Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Ather Energy Limited IPO?

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For Ather Energy Limited IPO the lot size is 46 shares. The lot size of Ather Energy Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Ather Energy Limited IPO on Share.Market?

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To apply for Ather Energy Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Ather Energy Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Ather Energy Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Ather Energy Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Ather Energy Limited IPO?

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For Ather Energy Limited IPO the allotment date is May 2, 2025. The allotment date of Ather Energy Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Ather Energy Limited IPO?

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For Ather Energy Limited IPO, the subscription opens on April 28, 2025 and closes on April 30, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
1.43x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
1.43x Oversubscribed
Trade