The much-anticipated Ather Energy IPO allotment status is being finalised today, May 2, 2025, after the electric two-wheeler maker’s public issue closed for bidding on April 30. Investors who applied for the ₹2,981 crore IPO can now check if they’ve been allotted shares, with the company set to list on the NSE and BSE on May 6.
Ather Energy IPO: Subscription and Issue Details
- IPO Opened: April 28, 2025
- IPO Closed: April 30, 2025
- Issue Size: ₹2,981 crore (Fresh issue: ₹2,626 crore; Offer for sale: ₹354.76 crore)
- Price Band: ₹304–₹321 per share
- Lot Size: 46 shares
The IPO received a total subscription of 1.43 times. Retail investors showed the most enthusiasm, subscribing 1.78 times their quota, while Qualified Institutional Buyers (QIBs) subscribed 1.70 times. The Non-Institutional Investors (NII) segment was less active, with only 66% subscription. In total, Ather Energy received bids for over 7.65 crore shares against 5.33 crore shares on offer.
Grey Market Premium (GMP) and Listing Outlook
As of May 2, the grey market premium (GMP) for Ather Energy IPO stands at zero, indicating that shares are currently trading at par with the issue price in the unofficial market. While this suggests muted listing gains, the real picture will emerge on the listing day, May 6.
How to Check Ather Energy IPO Allotment Status
Investors can check their allotment status through several official channels:
On the Registrar’s Website (MUFG Intime India, formerly Link Intime India)
- Go to the registrar’s IPO allotment page.
- Select ‘Ather Energy Limited’ from the dropdown menu.
- Enter your PAN, Application Number, or DP/Client ID.
- Click ‘Search’ to view your allotment status.
On BSE or NSE Websites
- Visit the IPO allotment status page on BSE or NSE.
- Enter your application details (PAN, application number, etc.).
- Submit to check if shares have been allotted to you.
Investors will also receive SMS or email alerts regarding the debit of funds or release of IPO mandates over the weekend or by Monday, May 5.
What’s Next for Investors?
- Listing Date: May 6, 2025, on NSE and BSE.
- If allotted, shares will be credited to your demat account before the listing date.
- Refunds for non-allottees will be processed automatically.
Ather Energy IPO: Key Takeaways
- The IPO saw strong participation from retail and institutional investors, though overall demand was moderate.
- Anchor investors, including global names like Custody Bank of Japan and Abu Dhabi Investment Authority, backed the issue.
- The muted GMP suggests a cautious market mood, but post-listing performance could still surprise.