Ather Energy, the electric two-wheeler manufacturer, has officially disclosed the allotment status of its Initial Public Offering (IPO). The IPO, which was open for bidding until Wednesday, garnered an overall subscription of 1.43 times. Investors who participated in the IPO can now verify the allotment status through various online platforms, such as the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and the official registrar’s website – Link Intime India Private Limited.
To check the Ather Energy IPO allotment status, investors can visit the NSE website (nseindia.com/invest/check-trades-bids-verify-ipo-bids), select the IPO symbol ‘ATHER,’ input their PAN number and application number, and click ‘Submit’ to view the allotment details. Similarly, on the BSE website (bseindia.com/investors/appli_check.aspx), investors can select ‘Ather Energy IPO’ from the list, provide their application number and PAN details, complete the CAPTCHA, and click ‘Submit.’ Additionally, investors can check the allotment status on the registrar’s website Link Intime by selecting ‘Ather Energy IPO,’ entering their PAN number, and clicking ‘Search.’
The Ather Energy IPO, valued at Rs 2,981 crore, witnessed strong interest from various investor categories. Retail Individual Investors subscribed 1.78 times, Qualified Institutional Buyers 1.70 times, and Non-Institutional Investors subscribed 66%. Priced between Rs 304 and Rs 321 per share, the IPO raised Rs 1,340 crore from anchor investors before its public offering. Notably, this IPO marks the first mainboard public issue of the financial year 2025–26.
As of May 3, 2025, the Grey Market Premium (GMP) for the Ather Energy IPO stands at Rs 0. Considering the upper price band of Rs 321, the projected listing price remains at Rs 321, indicating no anticipated gain or loss on the listing day. Investors and industry analysts are closely monitoring the listing performance and market response to Ather Energy’s IPO, given the company’s position in the electric two-wheeler segment and the evolving investment landscape.
The Ather Energy IPO’s allotment status announcement underscores the growing investor interest in sustainable mobility solutions and the evolving dynamics of the Indian capital markets. The successful completion of the IPO and the subsequent listing will likely have broader implications for the electric vehicle sector and the overall investment sentiment in India’s burgeoning startup ecosystem.
