Ather Energy, one of India’s leading electric vehicle manufacturers, is making its market debut today, May 6, 2025. The much-anticipated IPO has stirred attention in market circles, especially with the grey market premium (GMP) signaling a modest start.
IPO Listing Details and Market Sentiment
Shares of Ather Energy are set to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) at 10:00 AM. The public issue, which raised ₹2,980.6 crore, was open for subscription from April 28 to April 30. It saw an overall subscription rate of 1.50 times, with retail investors showing the strongest interest at 1.89 times subscription.
The Qualified Institutional Buyers (QIB) category subscribed at 1.76 times, while Non-Institutional Investors (NII) lagged behind with a 0.69 times subscription rate. The IPO was priced between ₹304 and ₹321 per share.
As of the latest data, the unlisted shares of Ather Energy are trading at around ₹335—reflecting a 4% premium over the upper issue price. While the GMP had earlier hovered around zero, this uptick suggests a mild gain for early investors. However, experts caution that grey market trends are sentiment-driven and subject to rapid changes.
How to Check Allotment Status
Investors eager to verify their allotment status can do so via the official BSE website. Here’s how:
| Step | Instructions |
|---|---|
| 1 | Go to the BSE allotment page |
| 2 | Select ‘Equity’ under ‘Issue Type’ |
| 3 | Choose ‘Ather Energy Limited’ from the dropdown |
| 4 | Enter your application number or PAN |
| 5 | Complete the captcha and click ‘Search’ |
Alternatively, investors can visit the official registrar site, Link Intime India Pvt Ltd, to check their application status.
Company Overview and Market Outlook
Founded in 2013, Ather Energy has positioned itself as a vertically integrated player in India’s electric two-wheeler (E2W) market. The company designs and manufactures electric scooters, battery packs, charging networks, and proprietary software—all in-house.
Its strong focus on technology and scalable manufacturing capabilities make it a notable contender in the rapidly evolving EV space. Market analysts believe that the IPO, though modestly received, reflects growing investor confidence in the future of clean mobility.
Meanwhile, broader market trends continue to evolve with a steady bank rally and rising interest in auto stocks, particularly in the EV segment. Ather Energy’s performance post-listing could offer key insights into investor appetite for tech-driven mobility firms.