The Indian Electrical Automobile (EV) story is coming 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. Recognized for innovative-operated scooters corresponding to Ather 450X and a powerful deal with related applied sciences, Ather Power is now inviting traders to be a part of their journey.
The Ather Power IPO opens for membership on April 28, 2025, and can be closed on 30 April 2025. For these wishing to use for IPOs, here’s a full information – to verify the standing of IPO allocation from main particulars, pricing and really dimension.
Ather Power IPO Particulars at a Look
The general public difficulty of Ather Power is a book-beding IPO, priced at ₹ 2,980.76 crore, with a brand new difficulty of ₹ 2,626 crore and a proposal-selling part of ₹ 354.76 crore. The IPO value 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 Dimension | 46 shares |
Minimal Funding (Retail) | ₹14,766 |
Itemizing | BSE and NSE |
Tentative Itemizing Date | Could 6, 2025 |
Registrar | Hyperlink Intime India Personal Ltd |
The way to Apply for Ather Power IPO
Making use of for the Ather Power IPO is easy. Retail traders can use UPI or ASBA-supported functions through 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 – often listed in the primary menu
- Examine the record of ‘Open IPOs’ and choose Ather Power IPO.
- Enter the amount you want to apply for, in tons (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: The way to Monitor
The IPO allotment standing can be finalized by Could 2, 2025. Buyers can verify their allotment via Hyperlink Intime India’s web site by coming into their PAN, software quantity, or Demat account particulars.
Vital 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 deal with in-house design, manufacturing, and related software program ecosystems, Ather is among the many few vertically built-in EV gamers within the nation.
Highlights embody:
- 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 related options
- Manufacturing hub in Hosur, Tamil Nadu, with an annual capability of 4,20,000 automobiles 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 Subject
The target of the Ather Power IPO difficulty is to boost funds to assist its growth and innovation targets. An vital a part of the earnings can be used to determine 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 take a position heavy in analysis and improvement to run innovation and product development. Moreover, funds can 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 earnings can be used for basic company functions.
The funds raised can be primarily used for:
- Organising a brand new manufacturing facility for E2Ws in Maharashtra
- Compensation/Pre-payment of the present debt
- Investments in analysis and improvement
- Strengthening advertising and model initiatives
- Basic company functions
These investments are aimed toward fuelling Ather’s subsequent section of progress and product innovation.
Remaining Ideas: Ought to You Apply for Ather Power IPO?
Ather Power IPO presents a compelling alternative for traders who imagine in India’s Electrical Mobility Story. With a powerful model fairness, a powerful product portfolio, and a transparent deal with software-powered innovation, Ather could be properly deployed for future improvement.
Nonetheless, given the corporate’s present loss-making standing and excessive competitors in EV area, traders ought to rigorously assess their threat starvation earlier than deciding to use for IPOs.
If you’re planning to take part, keep in mind to trace the place after the IPO allocation scenario and guarantee that if you’re planning to take part, your software is full earlier than the time restrict.