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Ather Energy IPO Allotment Out: How To Check Status? Simple Steps Inside

The price band for the IPO has been kept Rs 304–321 apiece, with the lot size of 46 shares. Any retail investor willing to subscribe require a minimum of Rs 14,766 to bid for one lot.

Ather Energy, an electric vehicle maker’s initial public offering (IPO) concluded on Wednesday, April 30, after a 3-day bidding period, which started on April 28 and the allotment status is out now. Moreover, the issue included fresh shares and offer for sale (OFS) component.

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Notably, the IPO was subscribed 1.43 times on the final day, with non-institutional investors (NIIs) subscribing 0.66% of the allocated quota. Meanwhile, qualified institutional buyers (QIBs) booked 1.70 times against their allocated quota and retail portion was subscribed 1.78 times.

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Furthermore, this issue of Rs 2,981.06 crore comprises fresh shares of worth Rs 2,626.30 crore and OFS worth Rs 354.76 crore. Ather Energy’s shares are expected to be listed on the BSE, and NSE on May 5, 2025.

The price band for the IPO has been kept Rs 304–321 apiece, with the lot size of 46 shares. Additionally, any retail investor willing to subscribe require a minimum of Rs 14,766 to bid for one lot. Moreover, the company has kept the maximum limit of Rs 1,91,958 to bid for the maximum of 13 lots for retail investors.

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Grey Market Premium And More

According to media reports, the Grey Market Premium (GMP) for the company’s IPO stands at Rs 0, which means the unlisted shares of the company were trading at Rs 311 per share in the grey market.

Ather Energy has appointed Link Intime India as the registrar for the issue. Meanwhile, Axis Capital, HSBC Securities & Capital Markets, JM Financial, and Nomura Financial Advisory and Securities (India) has been appointed as the book-running lead managers.

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How To Check Allotment Status Of Ather Energy IPO?

On BSE’s Website

  • Go on the official website of BSE.
  • Choose ‘equity’ in the Issue Type.
  • In the Issue Name dropdown list, select ‘Ather Energy Limited’.
  • Provide application number or PAN.
  • Click on ‘Search’ option.

On Registrar’s Website

  • Go on the website of IPO registrar, Link Intime.
  • In the Select Company dropdown menu, choose ‘Ather Energy Limited’.
  • Provide PAN, application number, DP ID or account number.
  • Provide the required details.
  • Tab on the ‘Search’ option.

ALSO READ: Rupee Likely To Trade Between 84-85/USD Amid Ongoing US-China Trade Tensions, Says Report

ABOUT THE AUTHOR

Akshat Mittal

Akshat Mittal

Akshat Mittal is a journalist with over 6 years of experience, focusing on business, technology, and the auto industry. He has covered key developments in these areas, helping readers stay up-to-date with the latest trends. Akshat holds a degree in Journalism from NIU and has worked with well-known media outlets like Inshorts and Legacy India Magazine. Before joining News24, he wrote business and political stories for several newspapers and magazines, contributing editorial and analytical pieces. At News24, all of Akshat’s articles go through a thorough fact-checking process to ensure accuracy. His commitment to delivering reliable information has made him a trusted source for readers. Outside of work, Akshat enjoys reading, writing, traveling, and following the latest in cars. You can connect with him on Twitter (@mittalakshat1) for updates or on LinkedIn for professional conversations.

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First published on: May 03, 2025 11:43 AM IST


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