The Indian Electrical Car (EV) story is getting into an thrilling new chapter within the type of Ather Power, a serious electrical two-wheeler (E2W) producer, who is prepared for its extremely anticipated IPO. Identified for innovative-operated scooters reminiscent of Ather 450X and a robust concentrate on linked applied sciences, Ather Power is now inviting buyers to be a part of their journey.
The Ather Power IPO opens for membership on April 28, 2025, and will probably be closed on 30 April 2025. For these wishing to use for IPOs, here’s a full information – to examine the standing of IPO allocation from main particulars, pricing and really measurement.
Ather Power IPO Particulars at a Look
The general public situation of Ather Power is a book-beding IPO, priced at ₹ 2,980.76 crore, with a brand new situation of ₹ 2,626 crore and a proposal-selling part of ₹ 354.76 crore. The IPO worth band is ready between ₹ 304 and ₹ 321 per share.
Particulars | Particulars |
IPO Opening Date | April 28, 2025 |
IPO Closing Date | April 30, 2025 |
Worth Band | ₹304 – ₹321 per share |
Lot Measurement | 46 shares |
Minimal Funding (Retail) | ₹14,766 |
Itemizing | BSE and NSE |
Tentative Itemizing Date | Could 6, 2025 |
Registrar | Hyperlink Intime India Personal Ltd |
Apply for Ather Power IPO
Making use of for the Ather Power IPO is straightforward. Retail buyers can use UPI or ASBA-supported purposes by way of their dealer platforms. Right here’s a easy step-by-step information:
- Login to your buying and selling account (dealer’s app or web site).
- Navigate to the ‘IPO’ part – normally listed in the principle menu
- Test the checklist of ‘Open IPOs’ and choose Ather Power IPO.
- Enter the amount you want to apply for, in heaps (minimal 1 lot = 46 shares).
- Present your UPI ID linked to your checking account.
- Submit the IPO software and approve the UPI mandate request you obtain in your UPI app to dam the required quantity.
Ather Power IPO Allotment Standing: Monitor
The IPO allotment standing will probably be finalized by Could 2, 2025. Buyers can examine their allotment via Hyperlink Intime India’s web site by getting into their PAN, software quantity, or Demat account particulars.
Essential dates to recollect:
- Tentative Allotment: Could 2, 2025
- Refunds Initiation: Could 5, 2025
- Shares Credited to Demat: Could 5, 2025
- Itemizing Date: Could 6, 2025
About Ather Power: Pioneering India’s Electrical Mobility
Based in 2013, Ather Power has carved a definite area of interest in India’s electrical mobility panorama. With a concentrate on in-house design, manufacturing, and linked software program ecosystems, Ather is among the many few vertically built-in EV gamers within the nation.
Highlights embrace:
- Over 1,07,000 electrical scooters bought by December 2024
- 265 expertise centres and 233 service centres throughout India, with expansions into Nepal and Sri Lanka
- Ather Grid: India’s first public fast-charging community for two-wheelers
- Atherstack: Proprietary software program platform enabling 64 linked options
- Manufacturing hub in Hosur, Tamil Nadu, with an annual capability of 4,20,000 autos and 3,79,800 battery packs
Ather’s imaginative and prescient rests on 4 pillars: product innovation, vertically built-in design, premium positioning, and capital effectivity.
Goal of the Ather Power IPO Difficulty
The target of the Ather Power IPO situation is to lift funds to help its enlargement and innovation objectives. An essential a part of the revenue will probably be used to ascertain a brand new manufacturing facility in Maharashtra, which is able to improve its manufacturing capability for 2 -wheelers of electrical energy.
The corporate plans to speculate heavy in analysis and growth to run innovation and product development. Moreover, funds will probably be allotted for advertising initiative to advertise model visibility and buyer entry, in addition to repay some borrowings, which is able to strengthen the corporate’s monetary place. The remaining revenue will probably be used for basic company functions.
The funds raised will probably be primarily used for:
- Establishing a brand new manufacturing facility for E2Ws in Maharashtra
- Compensation/Pre-payment of the present debt
- Investments in analysis and growth
- Strengthening advertising and model initiatives
- Basic company functions
These investments are geared toward fuelling Ather’s subsequent part of progress and product innovation.
Last Ideas: Ought to You Apply for Ather Power IPO?
Ather Power IPO presents a compelling alternative for buyers who imagine in India’s Electrical Mobility Story. With a robust model fairness, a robust product portfolio, and a transparent concentrate on software-powered innovation, Ather will be properly deployed for future growth.
Nonetheless, given the corporate’s present loss-making standing and excessive competitors in EV area, buyers ought to rigorously assess their danger starvation earlier than deciding to use for IPOs.
If you’re planning to take part, bear in mind to trace the place after the IPO allocation state of affairs and be sure that in case you are planning to take part, your software is full earlier than the time restrict.