Ather Energy IPO opened for subscription on April 28, 2025, and closed on April 30, 2025.
It was a book-built issue of ₹2,981.06 crore. The issue was a combination of a fresh issue of 8.18 crore shares aggregating to ₹2,626.30 crores and an offer for sale of 1.11 crore shares aggregating to ₹354.76 crores. The Ather Energy IPO price band was set at ₹321 per share.
On Day 3 of subscription, April 20, as of 6:19 PM, Ather Energy IPO was subscribed 1.50 times. QIBs subscribed 1.76x, NIIs subscribed 0.69x, and retail investors subscribed 1.89x.
The share allotment was finalised on Friday, May 2, 2025, and the shares were listed on BSE and NSE on May 6, 2025.
On the listing day, on the NSE, Ather Energy share price (NSE: ATHERENERG) opened at ₹328.00, up from its issue price of ₹321 and closed at ₹302.30.
On May 7, 2025, at 12:45 PM, the share price of Ather Energy was trading at ₹320.80, up by 6.12% on the NSE. The company’s market cap was ₹11,948.51 crore. On the BSE, at 12:48 AM, Ather Energy share price was trading at ₹319.00, up by 5.45%.
Ather Energy Limited, established in 2013, is an Indian electric two-wheeler (E2W) company specialising in the design, development, and in-house assembly of electric scooters, battery systems, charging infrastructure, and related software. It functions as a vertically integrated EV manufacturer, emphasising innovation in both product and technology.
Also Read: India’s EV Fleet Could Hit 123 Million by 2032!
Ather Energy made a modest debut on the stock exchanges, with shares listing slightly above the issue price. Investor interest remains steady post-listing.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 7, 2025, 12:57 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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