Ather Energy IPO; Ather Energy IPO open date is 2025 and the IPO will close on 2025. Ather Energy IPO is a Book Built Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹3,100.00 crores and offer for sale up to [.] equity shares with face value of ₹1 each.
Ather Energy IPO price band is ₹[.] to ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Ather Energy IPO to list on BSE, NSE on 2025. The allotment of Ather Energy IPO date is 2025.
The company reported revenue of ₹1,789.1 crores in 2024 against ₹1,801.8 crore in 2023. The company reported loss of ₹8,63.9 crores in 2024 against loss of ₹1,062.3 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Stay tuned with IPO Wheel to get more details about Ather Energy IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
Ather Energy IPO Overview
| Company Name | Ather Energy Limited |
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores |
| Fresh Issue | Approx ₹3,100 Crores |
| Offer for Sale | Approx [.] Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | Not more than 10% |
| QIB Quota | Not more than 75% |
| NII Quota | Not more than 15% |
| DRHP Draft Prospectus | [Click Here] |
| RHP Draft Prospectus | [Click Here] |
| Anchor Investors List | [Click Here] |
Ather Energy IPO GMP (Grey Market Premium) Trend Live Rates
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 28 February | ₹- | – | ₹- | ₹- |
| 27 February | ₹- | – | ₹- | ₹- |
| 26 February | ₹- | – | ₹- | ₹- |
Ather Energy IPO Lot Size & Investment Details
| Application Type | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Minimum) | |||
| Retail (Maximum) | |||
| S-HNI (Minimum) |
Ather Energy IPO Financial Information (Restated) (₹ in Crores)
| Period Ended | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | 413.8 | 757.9 | (344.6) | 818.6 |
| 2023 | 1,801.8 | 2,666.3 | (863.9) | 1,976.8 |
| 2024 | 1,789.1 | 2,674.2 | (1,062.3) | 1,913.5 |
Key Insights:
- Revenue Decline: Slight decrease in revenue from ₹1,801.8 Cr (2023) to ₹1,789.1 Cr (2024).
- Rising Losses: Losses have increased from ₹863.9 Cr in 2023 to ₹1,062.3 Cr in 2024.
- High Expenses: Expenses have continued to rise, reaching ₹2,674.2 Cr in 2024.
- Asset Fluctuations: Assets peaked at ₹1,976.8 Cr in 2023 but slightly reduced to ₹1,913.5 Cr in 2024.
Ather Energy Peer Group Comparison
| Company | EPS (₹) | PE Ratio | RoNW % | NAV (₹) | Income (₹ Cr.) |
|---|---|---|---|---|---|
| Hero MotoCorp Limited | 187 | 30 | 21% | 884 | 37,788.6 |
| Bajaj Auto Limited | 273 | 40 | 29% | 935 | 44,870.4 |
| Ola Electric Mobility Limited | (4) | NA | (78%) | 6 | 5,009.8 |
| TVS Motors Limited | 36 | 78 | 26% | 143 | 39,144.7 |
| Eicher Motors Limited | 146 | 33 | 22% | 657 | 16,535.8 |
- Ather Energy is not yet profitable, unlike Hero, Bajaj, TVS, and Eicher.
- Ola Electric is also loss-making with a negative RoNW (-78%), similar to Ather.
- Market leaders like Bajaj and Hero have strong RoNW (29% and 21%) and high NAV.
- TVS has the highest PE ratio (78), indicating high valuation expectations.
- Ather Energy’s income (₹1,789.1 Cr in 2024) is far lower than its listed peers.
Read it Also – Quality Power Electrical IPO Date, Price, GMP Review Details
About Ather Energy Limited Company
Ather Energy was established in 2013. It is an EV company that focuses on designing and developing electric two-wheelers (E2W), battery packs, and charging infrastructure from the ground up in India. Currently, Ather’s lineup includes two models, the Ather 450 and the Ather Rizta, comprising seven variants. In FY 2024, Ather captured approximately 11.5% of the market with sales of 1,09,577 E2Ws, securing the third position behind Ola Electric and TVS Motor Company. As of March 31st 2024, Ather has 208 experience centres and 191 service centres in India, and 3 experience centres and 1 service centre in Nepal. To be eligible for the shareholder quota, Hero MotoCorp’s shares must be held as of the RHP filing date.
- Founded in – 2013
- Managing Director – Tarun Mehta, Swapnil Jain
When Ather Energy IPO will open for subscription?
The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.
What is Ather Energy IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is Ather Energy IPO Issue Size?
Ather Energy IPO issue size is ₹[.] crores.
What is Ather Energy IPO Price Band?
Ather Energy IPO Price Band is ₹[.] to ₹[.].
What is the Ather Energy IPO Allotment Date?
Ather Energy IPO allotment date is 2025.
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.