✓
Open
28 Apr 2025
✓
Close
30 Apr 2025
3
Allotment
—
✓
Listing
Tue, May 6, 2025
Price Band
₹304 to ₹321
Issue Size
9,28,67,945 shares (agg. up to ₹2,981 Cr)
Lot Size
46 Shares
Listing Date
Tue, May 6, 2025
Latest GMP
₹12
Est. Gain
3.74%
✦ AI Insight
GMP Trend
06-05-2025₹12Est. ₹333+3.74%
05-05-2025₹14Est. ₹335+4.36%
04-05-2025₹7Est. ₹328+2.18%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.26x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2,172.00 | 1,913.50 | 1,976.80 | 818.60 |
| Total Income | 1,617.40 | 1,789.10 | 1,801.80 | 413.80 |
| Profit After Tax | -577.90 | -1,059.70 | -864.50 | -344.10 |
| NET Worth | 108.00 | 545.90 | 613.70 | 224.90 |
| Reserves and Surplus | 104.10 | 545.10 | 613.10 | 224.20 |
| Total Borrowing | 521.60 | 314.90 | 485.20 | 298.40 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ola Electric Mobility Ltd. | Mainboard | ₹6,145.56 Cr | ₹76 | -17.69 | ₹91.20 | +20.00% | ₹37.63 |
| Delta Autocorp Ltd. | SME | ₹54.60 Cr | ₹130 | 18.03 | ₹167.25 | +28.65% | ₹35.85 |
| Tunwal E-Motors Ltd. | SME | ₹115.64 Cr | ₹59 | 20.71 | ₹60.80 | +3.05% | ₹25.35 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India. | 927.20 |
| 2 | Repayment/pre-payment, in full or part, of certain borrowings availed by the Company. | 40.00 |
| 3 | Investment in research and development. | 750.00 |
| 4 | Expenditure towards marketing initiatives. | 300.00 |
| 5 | General Corporate Purposes | 492.20 |
| 6 | Issue Expenses | 132.80 |
| Total | 2,642.20 |
About Ather Energy IPO
Updated on Aug 5, 2026
Contact Details
Ather Energy Ltd. Address3 rd Floor, Tower DIBC Knowledge Park#4/1 Bannerghatta Main RoadBengaluru, Karnataka, 560029+91 80 6646 5750cs@atherenergy.comVisit Website