Ather Energy IPO Share Price Listing Highlights: Ather Energy, the electric two-wheeler maker, has listed on the bourse at a price of Rs 323.55 per share, a premium of mere 0.7%, on the National Stock Exchange today, May 6. The company’s GMP was indicating a listing around a price of Rs 333 a piece. The company’s IPO, which opened for subscription from April 28 to April 30, saw a positive response across various investor categories.
The retail investors’ portion was subscribed 1.78 times. Qualified Institutional Buyers (QIBs) also showed demand, subscribing 1.70 times, while Non-Institutional Investors (NIIs) subscribed 66% of their allocated shares. Employees displayed exceptional interest, with their portion subscribed 5.43 times. After a successful allotment process wrapped up on May 2, all eyes are now on Ather’s much-anticipated listing today.
Ather Energy Share Price Listing Highlights: Check here Ather Energy IPO Allotment Status, GMP, Price Band, NSE/BSE Share Price Listing Live Updates
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Ather Energy shares near day's low
The share price of Ather Energy is trading near the day's low. It was down 5.4%, trading at Rs 310.40 on the National Stock Exchange. The stock was listed on the bourses on May 06 at a premium of 2%. However, the grey market premium was indicating a bit higher listing at around Rs 333 per share. It is insightful that the stock touched the highest level of Rs 333 in today's trade.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Ather Energy shares fall 5.7%
The share price of Ather Energy slipped 5.7% from its opening price to trade at Rs 309.20 on the National Stock Exchange at 12.30 PM. The stock was listed on the exchanges today, May 06. it hit the bourse at Rs 328 a piece. The stock has reached as high as Rs 333 on the first day if trading.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Mehta Equities on Ather Energy post-listing
“As expected, we see a flat listing, which was justified, as the issue was aggressively priced, especially when benchmarked against peer OLA Electric. We continue to believe the electric two-wheeler (EV 2w) segment remains highly competitive and capital-intensive, with most players, including market leaders, struggling to achieve sustainable profitability and raising concerns with new investors," said Prashanth Tapse, Senior Vice President of Research at Mehta Equities.
Ather Energy was listed at Rs 323 per share on the National Stock Exchange. It was listed at a premium of 0.75%. On the BSE, the stock was listed at a 1.5% premium at Rs 326.05.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Ather Energy on financial front
Ather Energy's revenue grew at a CAGR of 107.1% between FY22 and FY24, reaching Rs 1,753.8 crore. Although the company reported a loss of Rs 1,059.7 crore in FY24, it is well-positioned to improve profitability by leveraging advancements in EV technology.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Geojit on Ather Energy
Ather Energy, incorporated in 2013, is a pioneer in the Indian electric two-wheeler (“E2W”) market, said Geojit Financial Services in an IPO note. It is a pure-play EV company that sells E2Ws and the associated product ecosystem, comprised of software, charging infrastructure and smart accessories, all of which are conceptualised and designed by the company in India.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Mehta Equities pre-listing view
“The final day subscription surge—particularly from Qualified Institutional Buyers (QIBs)—suggests a last-minute effort to support the issue amid fears of under-subscription. This points to a lack of broad-based enthusiasm and raises concerns about the IPO’s inherent demand quality. As a result, we expect a flat to mildly negative listing, likely in the range of ±5% under the best-case scenario," said Prashanth Tapse, Senior Vice President of Research at Mehta Equities.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Listing in a few hours
The shares of Ather Eenrgy will be hitting the D-Street on May 06 in a few hours from now. The stock is expected to see a muted listing as the grey market premium indicated.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Subscription status
The IPO of Ather Energy was subscribed to a total of 1.5 times on Day 03 of the offering. The employee segment was booked the most, with 5.43 times the subscription. The retail segment was subscribed to a total of 1.89 times. The QIB section which was inactive till day 02 of bidding was booked to a total of 1.76 times on last day.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: GMP rises slightly to Rs 12
EV major Ather Energy is expected to debut on the bourses on Tuesday. Shares were projected as trading at around Rs 333, reflecting a grey market premium (GMP) of Rs 12.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Who are the major investors and promoters of Ather
According to the RHP, Hero MotoCorp is the largest shareholder in Ather Energy, holding 38.19% of the company. It is followed by Caladium Investment (GIC) with a 15.43% stake. The National Investment and Infrastructure Fund (NIIF) and Tiger Global hold 14.22% and 6.56%, respectively. Ather’s co-founders, Mehta and Jain, each hold 6.81%.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Category-wise details of investors
Retail investors subscribed 1.78 times their allocated portion, followed by qualified institutional buyers at 1.70 times. The non-institutional investors' portion lagged at 66% subscription, while the employee quota saw robust demand at 5.43 times.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Last day subscription and major subscribers' details
Shares of Ather Energy, which closed its initial public offering (IPO) with a 1.43 times subscription final day subscription surge, particularly from Qualified Institutional Buyers, which suggests a last-minute effort to support the issue amid fears of under-subscription. This also points to a lack of broad-based enthusiasm and raises concerns about the IPO’s inherent demand quality.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: How to check allotment status
If you had applied for the Ather Energy IPO, here is a quick update - share allotment has already been finalised. Now, you can check your allotment status online through the registrar Link Intime India's portal or on the official websites of NSE and BSE. For those who did not get lucky, refunds are expected to begin today, bringing some closure before the stock hits the market.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Lemonn views on Ather IPO
"The IPO has seen an overall subscription of 0.36x, with notable traction from retail investors at 1.44x. Despite this interest, listing gains are expected to be modest, largely due to stretched valuations and a less supportive market environment compared to October 2024," said Gaurav Garg, Lemonn Markets Desk.
"While comparisons with Ola Electric are inevitable, Ather stands out with a more premium brand image, superior margins per vehicle, and lower cash burn. That said, it currently commands only about one-third of Ola’s market share. Similar to Ola’s IPO, a post-listing rally remains possible if momentum builds after debut," he added.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Fund utilisation
Electric scooter maker Ather Energy is gearing up for a high-voltage expansion. The company plans to invest over Rs 900 crore from its IPO proceeds to build a brand-new manufacturing facility in Maharashtra.
Among the key sellers were marquee names like the National Investment and Infrastructure Fund II, Internet Fund III, and even institutions linked to IIT Madras. Co-founders Tarun Mehta and Swapnil Jain also trimmed their stakes.
Ather is also allocating Rs 750 crore to supercharge its research and development efforts, Rs 300 crore to amp up marketing, and Rs 40 crore to clear some of its debt, all spread out between FY26 and FY28.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Key players of the issue
For Ather Energy’ IPO, some of the top financial firms are steering the ship. Axis Capital, HSBC Securities, JM Financial, and Nomura have been appointed as the book-running lead managers, overseeing the entire public issue process. Meanwhile, Link Intime India has been roped in as the registrar, handling the crucial backend tasks such as share allotment and investor communication.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: Allotment details
Ather Energy IPO allotment process enters its final leg today, May 5, with shares being credited to the demat accounts of successful investors. As per the schedule, refunds for those who didn’t secure allotment will also be processed by the end of the day. The allotment was finalised last Friday, setting the stage for the EV maker’s much-anticipated listing on Tuesday.
Ather Energy IPO SharePrice Listing, Allotment Status Live Updates: GMP up 2%
As Ather Energy gears up for its stock market debut, the grey market is not exactly roaring with excitement. The company’s shares are trading at a modest premium of Rs 7, suggesting a possible listing price of Rs 328, just 2.18% above the IPO issue price of Rs 321.
The current Rs 7 premium is on the lower end of what was observed over the past two weeks. At one point, the grey market premium touched Rs 17, but it has steadily cooled, even dipping to zero at times.
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