Ather Energy IPO Allotment Status & Company Insights (2025)
The much-anticipated Ather Energy IPO has drawn significant attention from investors and the EV industry alike. As the allotment status becomes a trending topic, thousands of retail and institutional investors are eager to check their IPO application results and analyze what this listing could mean for the electric vehicle sector in India.
📅 IPO Allotment Status: How to Check?
The allotment for the Ather Energy IPO was finalized on May 2, 2025. Investors who applied can now check their application status using the following methods:
- Visit the official registrar’s website (such as Link Intime or KFintech).
- Select “Ather Energy IPO” from the drop-down menu.
- Enter your PAN number or application number or DP Client ID.
- Click “Search” to view your allotment result.
Additionally, allotment details are also available on the BSE website under the “Equity” section by choosing “Ather Energy” and entering the relevant credentials.
💰 IPO Details
- IPO Issue Size: ₹2,000 crore
- Price Band: ₹385 – ₹405 per share
- Lot Size: 36 shares
- Minimum Investment: ₹14,580 (for retail investors)
- IPO Opened: April 29, 2025
- IPO Closed: May 1, 2025
- Listing Date: May 6, 2025 (expected)
- GMP (Grey Market Premium): ₹110 – ₹125 (as of May 2, 2025)
🔍 About Ather Energy
Ather Energy is one
of India’s leading electric scooter manufacturers, known for its high-performance, tech-enabled EVs like the Ather 450X and 450S. Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather has positioned itself as a premium EV brand focused on innovation, performance, and sustainability.
Backed by strong investors like Hero MotoCorp, Tiger Global, and Flipkart co-founder Sachin Bansal, Ather has raised significant capital over the years. The IPO marks the next chapter in its growth journey and expansion across India.
⚡ Future of Ather Energy in India’s EV Market
India’s electric vehicle industry is booming, supported by government policies such as FAME II and state-level EV incentives. Ather Energy is well-positioned to leverage this growth with its cutting-edge technology, product design, and proprietary charging infrastructure — the Ather Grid.
Ather Grid currently spans over 2000+ fast charging points across major Indian cities, a significant competitive edge in the growing EV ecosystem. The company plans to further expand this infrastructure post-IPO using the raised capital.
📊 Financial Performance & Growth
Ather Energy has shown impressive growth in recent years. Here’s a snapshot of its financials:
- FY24 Revenue: ₹1,800 crore (approx.)
- YoY Growth: 75%
- Operating Loss: ₹680 crore
Despite current losses, the company aims to achieve EBITDA breakeven within the next two years, as operational efficiency improves and volumes scale up.
🏭 Manufacturing & Expansion Plans
Ather operates two manufacturing facilities – one in Bangalore and another in Hosur, Tamil Nadu. Together, they have a combined production capacity of around 400,000 units per year, with plans to expand to 1 million units annually in the next 2–3 years.
The company has also been expanding its retail footprint aggre
ssively. Currently, it has over 150 exclusive experience centers in more than 80 cities, with plans to enter Tier 2 and Tier 3 cities post-IPO.
📈 Ather Energy IPO: Expert Opinions
“Ather’s superior product design, connected tech, and fast-charging network differentiate it from players like Ola and TVS. The backing from Hero MotoCorp adds strength to its long-term fundamentals.”
— Deepak Kapoor, EV Sector Analyst
“We expect listing gains of ₹100–₹120 per share, but investors should focus on the long-term potential of Ather’s technology leadership an
d market position.”
— Siddharth Mehta, IPO Advisory Expert
🌟 Why Should You Invest in Ather Energy?
- 🔋 Strong brand with cutting-edge EV products
- ⚡ Own nationwide charging infrastructure (Ather Grid)
- 🤝 Backed by industry giants like Hero MotoCorp & Tiger Global
- 📈 High-growth market with favorable policies
- 🏭 Scalable manufacturing & expanding retail network
📌 Final Thoughts
The Ather Energy IPO marks a significant milestone not just for the company but also for India’s electric mobility revolution. If you’re an investor bullish on the EV sector, Ather provides a unique opportunity to invest in a homegrown tech-driven auto brand with a clear growth roadmap.
With allotment status now live and listing scheduled for May 6, 2025, the buzz around Ather is expected to grow. Whether you received an allotment or not, this IPO has undoubtedly electrified the market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult your advisor before making investment decisions.