The Indian Electrical Car (EV) story is getting into an thrilling new chapter within the type of Ather Power, a significant electrical two-wheeler (E2W) producer, who is prepared for its extremely anticipated IPO. Identified for innovative-operated scooters akin to Ather 450X and a powerful deal with linked applied sciences, Ather Power is now inviting buyers to be a part of their journey.
The Ather Power IPO opens for membership on April 28, 2025, and will likely be closed on 30 April 2025. For these wishing to use for IPOs, here’s a full information – to test the standing of IPO allocation from main particulars, pricing and really measurement.
Ather Power IPO Particulars at a Look
The general public concern of Ather Power is a book-beding IPO, priced at ₹ 2,980.76 crore, with a brand new concern of ₹ 2,626 crore and a proposal-selling element of ₹ 354.76 crore. The IPO value band is about between ₹ 304 and ₹ 321 per share.
Particulars | Particulars |
IPO Opening Date | April 28, 2025 |
IPO Closing Date | April 30, 2025 |
Value Band | ₹304 – ₹321 per share |
Lot Dimension | 46 shares |
Minimal Funding (Retail) | ₹14,766 |
Itemizing | BSE and NSE |
Tentative Itemizing Date | Might 6, 2025 |
Registrar | Hyperlink Intime India Non-public Ltd |
The way to Apply for Ather Power IPO
Making use of for the Ather Power IPO is easy. Retail buyers 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 – normally listed in the primary menu
- Verify the checklist of ‘Open IPOs’ and choose Ather Power IPO.
- Enter the amount you want to apply for, in heaps (minimal 1 lot = 46 shares).
- Present your UPI ID linked to your checking account.
- Submit the IPO utility 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 Observe
The IPO allotment standing will likely be finalized by Might 2, 2025. Traders can test their allotment by way of Hyperlink Intime India’s web site by getting into their PAN, utility quantity, or Demat account particulars.
Necessary dates to recollect:
- Tentative Allotment: Might 2, 2025
- Refunds Initiation: Might 5, 2025
- Shares Credited to Demat: Might 5, 2025
- Itemizing Date: Might 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 linked software program ecosystems, Ather is among the many few vertically built-in EV gamers within the nation.
Highlights embrace:
- Over 1,07,000 electrical scooters offered 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 linked 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 Challenge
The target of the Ather Power IPO concern is to boost funds to assist its enlargement and innovation targets. An vital a part of the revenue will likely be used to ascertain a brand new manufacturing facility in Maharashtra, which can enhance its manufacturing capability for 2 -wheelers of electrical energy.
The corporate plans to speculate heavy in analysis and improvement to run innovation and product development. Moreover, funds will likely be allotted for advertising and marketing initiative to advertise model visibility and buyer entry, in addition to repay some borrowings, which can strengthen the corporate’s monetary place. The remaining revenue will likely be used for normal company functions.
The funds raised will likely be primarily used for:
- Establishing a brand new manufacturing facility for E2Ws in Maharashtra
- Reimbursement/Pre-payment of the prevailing debt
- Investments in analysis and improvement
- Strengthening advertising and marketing and model initiatives
- Common company functions
These investments are aimed toward fuelling Ather’s subsequent section of progress and product innovation.
Last Ideas: Ought to You Apply for Ather Power IPO?
Ather Power IPO presents a compelling alternative for buyers who consider in India’s Electrical Mobility Story. With a powerful model fairness, a powerful product portfolio, and a transparent deal with software-powered innovation, Ather might be effectively deployed for future improvement.
Nevertheless, given the corporate’s present loss-making standing and excessive competitors in EV area, buyers ought to fastidiously assess their danger starvation earlier than deciding to use for IPOs.
In case you are planning to take part, bear in mind to trace the place after the IPO allocation scenario and guarantee that in case you are planning to take part, your utility is full earlier than the time restrict.