Ather Energy’s IPO has generated significant interest, wrapping up on Wednesday with full subscription. Investors are now eagerly awaiting the announcement of the IPO allotment date, which is anticipated to be revealed shortly. Launched for public subscription on April 28 and closing on April 30, the Ather Energy IPO allotment status is slated for May 2, coinciding with the Indian stock market holiday for Maharashtra Day on May 1, 2025.
Key Dates for Ather Energy IPO
- Subscription Period: April 28 – April 30, 2025
- Allotment Date: Expected May 2, 2025
- Listing Date: Expected May 6, 2025
- Stock Exchanges: Shares will be listed on both BSE and NSE.
Once the allotment is finalized, shares will be credited to the Demat accounts of successful applicants by May 5, while refunds will be processed for those who were not allotted shares.
How to Check Ather Energy IPO Allotment Status
Investors eager to know their allotment status can easily check online. Here’s how:
Checking Allotment on BSE
- Visit the BSE website: BSE Application Status
- Select “Equity” as the Issue Type.
- Choose “Ather Energy Limited” from the dropdown menu.
- Enter your Application No. or PAN.
- Complete the captcha verification and click “Search”.
Your allotment status will then be displayed.
Checking Allotment on Link Intime
- Go to the Link Intime website: Link Intime IPO Status
- Select “Ather Energy Limited” in the dropdown.
- Choose your preferred identification method: PAN, Application No., DP ID, or Account No.
- Fill in the necessary details based on your selection.
- Click “Search” to view your allotment status.
Current Market Sentiment and IPO Insights
As for the grey market premium (GMP), Ather Energy shares are reflecting a stable trend with a GMP of ₹0, indicating that they are trading at their issue price of ₹321 without any noticeable premium or discount.
Ather Energy IPO Overview
- Price Band: ₹304 to ₹321 per share.
- Total Funds Raised: Approximately ₹2,981.06 crore.
- Equity Shares Offered: 8.18 crore fresh issue and 1.11 crore in an offer-for-sale (OFS).
- Employee Reservation: Up to 100,000 shares at a discounted rate of ₹30.
The IPO drew considerable attention, being 1.43 times oversubscribed overall. The breakdown of subscriptions includes:
- Retail Investors: 1.78 times
- Non-Institutional Investors (NII): 66%
- Qualified Institutional Buyers (QIB): 1.70 times
- Employees: 5.43 times
Prominent financial institutions, including Axis Capital, HSBC Securities, and Nomura Financial Advisory, acted as the lead managers for the Ather Energy IPO, while Link Intime India Private Ltd served as the IPO registrar.
For continuous updates on IPOs and financial markets, stay tuned and check back for the latest news.
