📌 Key Highlights
- IPO Price Band: ₹304 – ₹321 per share
- Current GMP (Grey Market Premium): ₹3
- Estimated Listing Price: ₹324
- IPO Open Date: April 28, 2025
- IPO Close Date: April 30, 2025
- IPO Size: ₹2,980.76 Crore
📈 Ather Energy IPO GMP Today
As per the latest data from InvestorGain, the Grey Market Premium (GMP) for Ather Energy IPO is ₹3. This suggests a modest premium over the upper price band.
Date | IPO Price Band | GMP | Estimated Listing Price |
---|---|---|---|
April 27, 2025 | ₹304 – ₹321 | ₹3 | ₹324 |
Note: GMP is subject to market fluctuations and should be considered as an indicative metric.
📝 Ather Energy IPO Details
Particulars | Details |
---|---|
IPO Price Band | ₹304 – ₹321 per share |
Lot Size | 46 shares |
Minimum Investment | ₹14,742 |
IPO Open Date | April 28, 2025 |
IPO Close Date | April 30, 2025 |
Basis of Allotment | May 2, 2025 |
Listing Date | May 6, 2025 |
IPO Size | ₹2,980.76 Crore |
Fresh Issue | ₹1,800 Crore |
Offer for Sale (OFS) | ₹1,180.76 Crore |
Listing Exchanges | BSE, NSE |
Face Value | ₹10 per share |
Registrar | Link Intime India Pvt Ltd |
🏢 About Ather Energy
Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy is a Bengaluru-based electric vehicle (EV) startup. The company is known for its smart electric scooters, including models like the Ather 450X and Ather 450 Plus. Ather has also developed its own charging infrastructure, known as Ather Grid, to support its vehicles.
📊 Financial Performance
In the nine months ending December 2024, Ather Energy reported a 28% increase in revenue. The company has been focusing on reducing losses and expanding its product lineup to capture a larger market share in the EV segment.
🔚 Conclusion
Ather Energy’s IPO presents an opportunity for investors to participate in India’s growing EV market. While the current GMP suggests a modest premium, investors should consider the company’s fundamentals and market conditions before making investment decisions.
Disclaimer: This blog is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult financial advisors before investing.