In the dynamic landscape of Indian entrepreneurship, few stories capture the imagination quite like Ather Energy journey. As the electric two-wheeler manufacturer prepares to make its debut on the stock market, it represents more than just a financial transaction—it’s a testament to India’s evolving technological ambition and sustainable mobility vision.
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Ather Energy IPO Snapshot: Key Details at a Glance
Ather Energy is set to launch its initial public offering (IPO) with a total issue size of ₹2,981 crore, marking a significant milestone in the electric vehicle ecosystem. The IPO will open for subscription on Monday, April 28, and close on Wednesday, April 30, 2025, with a price band ranging from ₹304 to ₹321 per equity share.
The Financial Blueprint: Where Will the Funds Go?
The company’s strategic allocation of IPO proceeds reveals a comprehensive growth plan:
- ₹927.2 crore for establishing a new electric two-wheeler manufacturing facility in Maharashtra
- ₹40 crore dedicated to debt repayment
- ₹750 crore earmarked for research and development
- ₹300 crore allocated to marketing initiatives
These investments are planned for execution over fiscal years 2026 to 2028, demonstrating a long-term vision for sustainable growth.
Beyond Manufacturing: A Holistic EV Ecosystem
Ather Energy isn’t just another vehicle manufacturer. The company has developed a comprehensive electric vehicle ecosystem, including proprietary software, charging networks, and smart accessories—all designed and developed in India. While some components are sourced from third-party suppliers, key elements like motor controllers, transmissions, and vehicle control units are designed in-house.
Market Sentiment and Grey Market Dynamics
The current grey market premium (GMP) stands at +17, indicating strong investor interest. This suggests the potential listing price could be around ₹338 per share—approximately 5.30% higher than the upper end of the IPO price band.
Backing and Credibility
Supported by heavyweight investors like Hero MotoCorp and Tiger Global, Ather Energy brings significant credibility to its market entry. The company represents the new wave of Indian entrepreneurship—innovative, technologically advanced, and globally competitive.
Ather Energy IPO 2025: Riding the Electric Wave with India’s EV Pioneer
FAQs
Q1: What is the lot size for the Ather Energy IPO?
The IPO lot size is 46 equity shares, with additional shares available in multiples of 46.
Q2: When will the anchor investor allocation take place?
Anchor investor allocation is scheduled for Friday, April 25, 2025.
