Ather Energy IPO Opens Tomorrow: Explore GMP, price band, allotment dates, pros, cons, and complete analysis. Learn why the Ather Energy IPO could be the next big thing in the EV world!
Ather Energy IPO Opens Tomorrow: Everything You Need to Know
The wait is finally over! After a dry spell of over two months, the mainboard IPO market is back in action — and it’s kicking off with none other than the much-hyped Ather Energy IPO Opens Tomorrow, April 28, 2025, retail investors, institutions, and high-net-worth individuals will get their shot at grabbing a slice of this premium electric vehicle (EV) brand.
The big headline?
As per Investorgain, the Ather Energy IPO is already creating buzz, trading at a grey market premium (GMP) of ₹3 over its issue price.
Ather Energy IPO Price, GMP, and Subscription Dates
The Ather Energy IPO price band is fixed between ₹304 and ₹321 per share. It’ll open for subscription from April 28 and close by April 30.
Grey market chatter suggests a possible listing around ₹324, marking a slim 0.93% pop over the top-end price of ₹321.
Key Details You Shouldn’t Miss:
IPO Element | Details |
---|---|
IPO Price Band | ₹304 to ₹321 per share |
Grey Market Premium (GMP) | ₹3 |
Estimated Listing Price | ₹324 |
IPO Open Date | April 28, 2025 |
IPO Close Date | April 30, 2025 |
Listing Date (Expected) | May 6, 2025 |
Exchanges | BSE & NSE |
What is Ather Energy and Why Should You Care?
Founded as a pure-play electric two-wheeler (E2W) manufacturer, Ather Energy has evolved into a powerhouse offering not just EVs but a full ecosystem — from proprietary charging networks to smart accessories. And guess what? All designed and built right here in India!
The Ather Energy IPO will help fund some pretty ambitious goals:
- ₹927.2 crore towards a new manufacturing plant in Maharashtra.
- ₹750 crore earmarked for next-gen research and development (R&D).
- ₹300 crore will be pumped into brand marketing.
- ₹40 crore will go toward clearing existing debts.
Fun Fact: Employees get a special ₹30 discount per share!
Who Can Apply for the Ather Energy IPO?
The allocation breakup for the Ather Energy IPO is as follows:
- 75% reserved for Qualified Institutional Buyers (QIBs).
- 15% for Non-Institutional Investors (NIIs).
- 10% for retail investors.
- 1 lakh shares reserved specially for employees!
Top-notch firms like Axis Capital, HSBC Securities, JM Financial, and Nomura India are leading the IPO, with Link Intime as the registrar.
Pros and Cons of Ather Energy IPO
Pros:
- Dominant Brand in EV Space: One of India’s most trusted EV manufacturers.
- Growing EV Ecosystem: Focused beyond vehicles — charging infra, smart accessories.
- R&D Investment: Plans to ramp up innovation, giving a tech-edge.
- Strong Backing: Backed by notable VCs like Hero MotoCorp and Tiger Global.
Cons:
- Thin GMP Margin: At just ₹3, it’s not a huge premium.
- Competition: Facing tough competition from Ola Electric, Bajaj, TVS.
- Valuation Risks: High valuation may already be baked into the IPO pricing.
Short-Term and Long-Term Effects on the Market
Short-Term Impact:
Given the relatively mild GMP, expect modest listing gains unless market sentiment turns super bullish. EV excitement could drive last-minute oversubscription.
Long-Term Impact:
If Ather delivers on its expansion and tech roadmap, it could become a blue-chip EV stock in India — similar to how Tesla exploded in the US. However, competition remains fierce, and regulatory risks (subsidy cuts, etc.) are not off the table.
Sectors to Watch:
- EV manufacturing and batteries
- Green energy and charging infra
- Auto ancillary sectors
4 Latest Market News Updates You Should Know
- Tesla’s Q1 Earnings Miss Estimates — Tesla reported lower-than-expected earnings, putting pressure on global EV stocks.
Source: CNBC - Ola Electric Files for IPO — Ola Electric submitted its draft papers to SEBI, aiming to raise over ₹5,500 crore!
Source: Economic Times - Sensex Touches New High — Thanks to FII inflows, the Sensex crossed 80,000 for the first time!
Source: Moneycontrol - Nifty Auto Index Surges — Driven by EV optimism, the Nifty Auto index hit an all-time high this week.
Source: Livemint
Should You Invest in Ather Energy IPO? Final Verdict
If you’re in it for the long game and believe in the EV story, the Ather Energy IPO might just be your golden ticket. Just manage your expectations on Day 1 pop, given the lukewarm GMP. For conservative investors, a “wait and watch” approach post-listing might be smarter.
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