Ather Energy IPO GMP today: The much-awaited Ather Energy IPO is finally opening for subscription on April 28, 2025, marking a significant milestone for India’s electric vehicle (EV) sector. With a price band set at ₹304-321 per share, the IPO aims to raise ₹2,980.76 crore, fueling the company’s expansion plans and financial stability.
Ather Energy IPO Date, Lot Size, Fresh Issue, Listing Date
| Particulars | Details |
|---|---|
| IPO Dates | April 28 – April 30, 2025 |
| Price Band | ₹304 – ₹321 per share |
| Lot Size | 46 shares |
| Fresh Issue | 8.18 crore shares (₹2,626 crore) |
| Offer for Sale (OFS) | 1.11 crore shares (₹354.76 crore) |
| Listing Date | May 6, 2025 (BSE & NSE) |
| Anchor Investors | Already raised ₹1,340.03 crore |
How Will Ather Energy Use the IPO Funds?
The capital raised will be strategically deployed to:
- Set up a new EV manufacturing plant in Maharashtra – Boosting production capacity.
- Reduce existing debt – Strengthening the balance sheet.
- Fuel R&D and innovation – Staying ahead in India’s competitive EV market.
- Marketing & expansion – Increasing brand visibility and market share.
- General corporate purposes – Ensuring smooth operational growth
Ather Energy IPO Reservation
- 75% for Qualified Institutional Buyers (QIBs)
- 15% for Non-Institutional Investors (NIIs)
- 10% for Retail Investors
Ather Energy IPO Grey Market, GMP today
The grey market premium (GMP) an unofficial indicator of IPO demand has started declining even before the issue opens. Currently, Ather Energy shares are trading at just ₹3 above the upper price band (₹321), indicating a 0.93% premium.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
|---|---|---|---|---|
| 28-04-2025 Open | 321.00 | ₹1  | — | ₹322 (0.31%) |
| 27-04-2025 | 321.00 | ₹0  | — | ₹321 (0.00%) |
Ather Energy’s Financial Health
While the company is a pioneer in premium electric scooters, its financials reveal challenges:
Revenue:
- FY 2024: ₹1,753.8 crore
- FY 2023: ₹1,780.9 crore (Marginal decline)
Losses:
- FY 2024 Loss (Before Tax): ₹1,059.7 crore
- FY 2023 Loss (Before Tax): ₹864.5 crore (Widening losses)
What is Ather Energy IPO GMP today?
Ather Energy IPO GMP today is ₹1 and Estimated listing is ₹322 (0.31%).