Ather Energy IPO Allotment Status Highlights: Ather Energy’s IPO, which opened on April 28 and closed on April 30, saw a fair amount of interest from investors across categories. The allotment of shares for Ather Energy’s IPO is out. If you are one of the lucky ones, you would get a message on your mobile phone with allotment details including the number of shares. If you haven’t got the message, better luck next time. Don’t forget the IPO pipeline for 2025 is stunning with a whole array of big companies including the likes of Tata Capital, Reliance Retail, NSE and NSDL targetting to tap the primary market.
Meanwhile just to remind our viewers, the Rs 2,981 crore Ather Energy IPO was a mix of a fresh issue worth Rs 2,626 crore and an offer-for-sale of Rs 354.76 crore. The issue was subscribed fully with retail investors leading the charge. The retail segment was subscribed 1.78 times, Qualified Institutional Buyers saw1.70 times subscription. The response from Non-Institutional Investors, however, was relatively modest, with just 66% of the allotted portion getting subscribed. Overall, the IPO was subscribed 1.43 times.
Ather Energy IPO Allotment Registrar Link Intime India Highlights:
Ather Energy IPO Allotment Live Updates: Steps to check allotment status via NSE?
To check your allotment status for the ATHER IPO on the NSE website, follow these steps:
Visit the NSE website.
Navigate to the ‘Equity & SME IPO Bid Details’ section.
Select the IPO symbol: ‘ATHER’.
Enter your PAN and Application Number.
Ather Energy IPO Allotment Live Updates: Ather vs OLa Electric
Ola Electric has surged ahead in revenue, with its FY24 earnings nearly tripling those of its competitor Ather Energy. However, this aggressive growth, driven by a blitzscaling strategy, has resulted in substantial losses and high cash burn, casting doubts on its long-term viability.
Meanwhile, Ather Energy takes a more measured approach, branding itself as a premium, tech-driven company that prioritizes product quality and innovation. Despite holding just a third of Ola’s market share, Ather distinguishes itself through financial discipline, achieving lower cash burn and higher margins per vehicle.
Ather Energy IPO Allotment Live Updates: IPO price band and lot size
The price band for Ather Energy's upcoming Initial Public Offering is set at Rs 304 to Rs 321 per share, as mentioned in an announcement by the company. The IPO will have a minimum lot size of 46 shares.
Ather Energy IPO Allotment Live Updates: How Did Ather Energy's IPO Perform?
Ather Energy's Rs 2,981 crore IPO garnered a solid response from investors. The issue was oversubscribed by 1.43 times overall. Retail investors showed the most interest, subscribing 1.78 times their allocated portion. Qualified Institutional Buyers (QIBs) also demonstrated strong participation, with a 1.70 times subscription. However, the response from Non-Institutional Investors (NIIs) was relatively subdued, with a subscription rate of only 66%.
Ather Energy IPO Allotment Live Updates: Retail and QIB categories drive oversubscription
Ather Energy’s Rs 2,981-crore IPO was subscribed 1.43 times on the final day of bidding on Wednesday, driven by strong interest from retail and qualified institutional investors.
According to NSE data, the offer received bids for 7,65,33,972 shares against 5,33,63,160 shares available. The Retail Individual Investors (RII) segment was subscribed 1.78 times, while the Qualified Institutional Buyers (QIBs) portion saw 1.70 times subscription, despite ongoing market volatility. However, the non-institutional investor category saw a more muted response, with 66 per cent subscription.
Ahead of the IPO, Ather Energy raised Rs 1,340 crore from anchor investors on Friday.
Visit the NSE website, go to the ‘Equity & SME IPO bid details’ section, select the symbol ‘ATHER’, enter your PAN and Application Number, then click ‘Submit’ to view your allotment status.
Ather Energy IPO Allotment Live Updates: Ather vs Ola Electric
Ola Electric may be racing ahead in revenue, with its FY24 earnings nearly three times those of rival Ather Energy, but this rapid growth has come at a cost. Ola's blitzscaling strategy is marked by heavier losses and steep cash burn, raising questions about long-term sustainability.
In contrast, Ather Energy positions itself as a premium, tech-focused brand with a sharp focus on product quality and innovation. While its market share is only about a third of Ola's, Ather stands out for its disciplined financial approach, boasting lower cash burn and stronger per-vehicle margins.
Ather Energy IPO Allotment Live Updates: Top Financial Firms Back Ather Energy IPO as Book-Running Lead Managers
Ather Energy’s IPO is being managed by a consortium of prominent financial institutions. Axis Capital, HSBC Securities, JM Financial, and Nomura Financial Advisory are acting as the book-running lead managers for the offering. Meanwhile, Link Intime India has been appointed as the official registrar to handle backend operations for the IPO.
Ather Energy IPO Allotment Live Updates: Listing on May 6
Ather Energy, known for its electric scooters, is set to make its stock market debut on Tuesday, May 6. The company’s shares will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
According to current grey market trends, the listing is expected to be subdued. Market watchers anticipate Ather Energy shares to open near the upper end of its IPO price band, around Rs 321.
Ather Energy IPO Allotment Live Updates: Valuation Concerns
According to the Deven Choksey Research report, Ather Energy has been assigned a valuation of 6x EV/Sales, which is significantly higher than its listed competitors in the electric two-wheeler space. In comparison, Bajaj Auto stands at 5.4x, TVS Motor at 3.5x (with its electric scooter gaining market share rapidly), and Hero MotoCorp at 2.7x. The report has given the IPO an “Avoid” rating, suggesting that Ather Energy’s stock could be available at a more reasonable valuation in the secondary market post-listing.
Ather Energy IPO Allotment Live Updates: IPO Price Band and Investment Details
Ather Energy has announced the price band for its upcoming Initial Public Offering (IPO), set at Rs 304 to Rs 321 per share. The IPO will have a minimum lot size of 46 shares.
For retail investors, the minimum investment required is Rs 13,984, with a recommendation to bid at the cutoff price of Rs 14,766 to avoid oversubscription.
Investment Breakdown:
For Small and Non-Institutional Investors (sNII): The minimum investment is 14 lots (644 shares), amounting to Rs 2,06,724.
For Qualified Institutional Buyers (bNII): The minimum investment is 68 lots (3,128 shares), totaling Rs 10,04,088.
Ather Energy IPO Allotment Live Updates: Ather's growth plateaus as rivals gain ground
Despite being one of the early pioneers in India's electric two-wheeler market, Ather Energy is struggling to sustain its edge. The company’s market share, which was 11.5% in FY24, dipped to 10.7% in the first nine months of FY25—pointing to a plateau in growth. With new players entering the EV segment and competitors adopting aggressive pricing strategies, Ather's dominance faces growing pressure.
Ather Energy IPO Allotment Live Updates: Know about the IPO
Ather Energy’s initial public offering, held from April 28 to April 30, successfully raised Rs 2,981.06 crore. The IPO was priced between Rs 304 and Rs 321 per share and comprised both a fresh equity issue and an offer-for-sale (OFS). The fresh issue of 8.18 crore shares generated Rs 2,626.30 crore, while existing shareholders sold 1.11 crore shares, adding another Rs 354.76 crore to the total proceeds.
Ather Energy IPO Allotment Live Updates: Steps to check allotment status on BSE
Here’s how you can check the Ather Energy IPO allotment status online via BSE:
1. Go to the BSE allotment page: https://www.bseindia.com/investors/appli_check.aspx
2. Under Issue Type, select ‘Equity’.
3. In the Issue Name dropdown, choose ‘Ather Energy Limited’.
4. Enter your Application Number or PAN.
5. Tick the ‘I’m not a robot’ checkbox and click ‘Search’.
The status of your Ather Energy IPO allotment will appear on the screen.
Ather Energy IPO Allotment Live Updates: When will the IPO get listed?
Ather Energy’s IPO is expected to be listed on May 6, with shares set to debut on both the BSE and NSE. The company is likely to finalise the share allotment status soon. Following the allotment, shares will be credited to the Demat accounts of successful applicants on May 5, while refunds to unsuccessful bidders will also be processed on the same day.
Ather Energy IPO Allotment Live Updates: Public issue fully subscribed on final day - Details here
Ather Energy’s Rs 2,981-crore IPO was subscribed 1.43 times on the final day of bidding on Wednesday, driven by strong demand from qualified institutional buyers (QIBs) and retail investors.
The electric two-wheeler maker received bids for 7.65 crore shares against the 5.33 crore shares on offer. The retail individual investor (RII) category saw 1.78 times subscription, while QIBs subscribed 1.70 times their allotted portion, showing resilience despite a volatile market backdrop.
However, the non-institutional investor (NII) segment lagged, drawing only 66% subscription.
Ather Energy IPO Allotment Live Updates: What makes Ather Energy different from Ola Electric
In FY24, Ola Electric's revenues were nearly three times greater than those of Ather Energy. However, this rapid growth comes at a price; Ola has also experienced higher losses and greater cash burn, underscoring its high-risk blitzscaling strategy. In contrast, Ather Energy is a premium, technology-driven brand that emphasizes product quality and innovation. Although Ather's market share is about one-third of Ola's, the company adopts a more disciplined approach, featuring significantly lower cash burn and better per-vehicle margins.
Ather Energy IPO Allotment Live Updates: Post IPO plans of Ather Energy
Ather Energy is now targeting a post-money valuation of ₹12,800 crore, down from its earlier expectation of ₹14,000 crore.
Ather Energy plans to use the IPO proceeds to fund its new factory in the western state of Maharashtra and for research and development, debt repayment, marketing, and general corporate purposes.
Ather Energy IPO Allotment Live Updates: What is subscription status of Ather IPO
The offer received bids for 7.65 crore shares against 5.33 crore shares.
The initial public offer (IPO) of Ather Energy received 76,544,046 bids for shares as against 53,363,160 shares on offer. The issue was subscribed 1.43 times.
The Qualified Institutional Buyers (QIBs) category was subscribed 1.70 times. The Retail Individual Investors (RIIs) category was subscribed 1.78 times. The Non-Institutional Investors (NIIs) category was subscribed 0.66 times.
Ather Energy IPO Allotment Live Updates: How to check your allotment status
Step 1: Open the NSE website by clicking this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2: Register by signing up using your details, and then submit.
Step 3: Select 'Ather Energy'
Step 4: Investors can check the allotment status by filling in details like their IPO Application number.
Step 5: Press the Submit button
Step 6: The allotment status will be shown in the window.
Ather Energy IPO Allotment Live Updates: Price band of Ather Energy IPO
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. However, it is suggested that the investor bid at the cutoff price to avoid the oversubscription scenario, which is about 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.
Ather Energy IPO Allotment Live Updates: Who's steering the Ather Energy IPO?
The Ather Energy IPO is being managed by a consortium of top financial players. Axis Capital, HSBC Securities, JM Financial, and Nomura Financial Advisory are leading the charge as the book-running lead managers for the issue. Handling the backend operations is Link Intime India, the official registrar for the IPO.
Ather Energy IPO Allotment Live Updates: Market share of the company
Despite being an early mover in the electric two-wheeler segment, Ather Energy is finding it tough to maintain a dominant foothold. While its market share stood at 11.5% in FY24, the figure slipped slightly to 10.7% in the first nine months of FY25, signaling stagnation in growth. With an increasing number of players entering the EV space and aggressive pricing by rivals, Ather’s share of the pie may come under more strain.
Ather Energy IPO Allotment Live Updates: How to check Ather Energy IPO allotment status
Once the allotment for the Ather Energy IPO is finalised, investors eager to know their share allocation can easily check the status online. The allotment details will be available on the official websites of BSE, NSE, and Link Intime India of the registrar to the issue. Investors will need basic details like PAN, application number, or DP/client ID to log in and view their status.
Ather Energy IPO Allotment Live Updates: When is the listing?
Electric scooter maker Ather Energy is set to make its stock market debut on Tuesday, May 6, with its shares scheduled to list on both the BSE and NSE. Based on current grey market trends, the listing is expected to be muted, with shares likely to open close to the upper end of the IPO price band at Rs 321.
Ather Energy IPO Allotment Live Updates: About the IPO
Ather Energy’s IPO, which zipped through between April 28 and April 30, raised Rs 2,981.06 crore. With a price band set between Rs 304 and Rs 321 per share, the offering was a mix of fresh equity and an OFS of 8.18 crore new shares pulled in Rs 2,626.30 crore, while existing shareholders offloaded 1.11 crore shares worth Rs 354.76 crore.
Ather Energy IPO Allotment Live Updates: Listing gains may remain tepid
"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 Allotment Live Updates: Reason behind the lukewarm sentiment
Despite the excitement surrounding the electric vehicle space, Ather Energy’s IPO is struggling to generate listing-day buzz, with its grey market premium (GMP) hovering near zero. Market watchers believe valuation concerns are to blame. A research note by Deven Choksey flagged the issue with an "Avoid" tag, pointing out that Ather is priced at 6x EV/Sales, higher than established players like Bajaj Auto (5.4x), TVS Motor (3.5x), and Hero MotoCorp (2.7x), all of which already have a strong presence in the EV segment.
Read more: Ather Energy IPO: 5 reasons why investors are staying away
Ather Energy IPO Allotment Live Updates: Grey market stays silent
As the allotment day unfolds, excitement around Ather Energy’s IPO is tempered by a surprising calm in the grey market. The latest grey market premium (GMP) stands at zero, hinting at a flat listing, at least for now, over the IPO’s upper price band of Rs 321. While GMPs often fuel pre-listing buzz, they are known to shift quickly with market mood swings and investor sentiment.
Today, all eyes are on Ather Energy as the much-anticipated IPO allotment is expected to be wrapped up later today. The electric scooter pioneer, known for revving up India’s EV revolution, drew moderate interest from investors, with the public issue seeing a subscription of just over 1.4 times. Now, the big question for applicants is did your name make the cut? Those who placed their bets can find out their allotment status by checking on the BSE website, NSE website or through Link Intime, the official registrar for the issue.