Ather Energy Limited IPO
Ather Energy is launching its Initial Public Offering (IPO) through the book-building process, aiming to raise ₹2,980.76 crores. The issue includes a fresh issue of 8.18 crore equity shares worth ...
Read moreIPO Timeline
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28 Apr 2025Bidding Starts
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30 Apr 2025Bidding Ends
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02 May 2025Allotment Finalization
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05 May 2025Refund Date
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05 May 2025Demat Date
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06 May 2025Listing Date
Ather Energy Limited IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 01 Mar 2022 | ₹818.60 Cr | ₹413.80 Cr | ₹-344.10 Cr |
| 01 Mar 2023 | ₹1,976.80 Cr | ₹1,801.80 Cr | ₹-864.50 Cr |
| 01 Mar 2024 | ₹1,913.50 Cr | ₹1,789.10 Cr | ₹-1,059.70 Cr |
| 01 Dec 2024 | ₹2,172 Cr | ₹1,617.40 Cr | ₹-577.90 Cr |
About Ather Energy Limited IPO
Ather Energy IPO Objectives: Strategic Use of Funds
Ather Energy aims to utilize the proceeds from its IPO to fuel growth and innovation in the electric mobility sector. Here’
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Expansion of Manufacturing Capacity: A major portion will go towards establishing a new electric two-wheeler (E2W) manufacturing plant in Maharashtra, helping scale up production and meet rising demand.
Debt Reduction: Part of the funds will be used to repay or prepay existing loans, which will improve the company’s overall financial health.
Research & Development (R&D): Investment will support advanced R&D initiatives focused on improving technology, product features, and performance.
Marketing and Brand Growth: A portion will be dedicated to marketing efforts aimed at increasing brand awareness and customer acquisition.
General Corporate Purposes: The remaining capital will be used for ongoing operational needs and other business activities.
This strategic allocation reflects Ather Energy’s commitment to long-term growth, innovation, and market expansion in India’s electric vehicle (EV) space.
Read moreAther Energy IPO Objectives: Strategic Use of Funds
Ather Energy aims to utilize the proceeds from its IPO to fuel growth and innovation in the electric mobility sector. Here’s how the company plans to allocate the funds:
Expansion of Manufacturing Capacity: A major portion will go towards establishing a new electric two-wheeler (E2W) manufacturing plant in Maharashtra, helping scale up production and meet rising demand.
Debt Reduction: Part of the funds will be used to repay or prepay existing loans, which will improve the company’s overall financial health.
Research & Development (R&D): Investment will support advanced R&D initiatives focused on improving technology, product features, and performance.
Marketing and Brand Growth: A portion will be dedicated to marketing efforts aimed at increasing brand awareness and customer acquisition.
General Corporate Purposes: The remaining capital will be used for ongoing operational needs and other business activities.
This strategic allocation reflects Ather Energy’s commitment to long-term growth, innovation, and market expansion in India’s electric vehicle (EV) space.
Ather Energy IPO Objectives: Strategic Use of Funds
Ather Energy aims to utilize the proceeds from its IPO to fuel growth and innovation in the electric mobility sector. Here’s how the company plans to allocate the funds:
Expansion of Manufacturing Capacity: A major portion will go towards establishing a new electric two-wheeler (E2W) manufacturing plant in Maharashtra, helping scale up production and meet rising demand.
Debt Reduction: Part of the funds will be used to repay or prepay existing loans, which will improve the company’s overall financial health.
Research & Development (R&D): Investment will support advanced R&D initiatives focused on improving technology, product features, and performance.
Marketing and Brand Growth: A portion will be dedicated to marketing efforts aimed at increasing brand awareness and customer acquisition.
General Corporate Purposes: The remaining capital will be used for ongoing operational needs and other business activities.
This strategic allocation reflects Ather Energy’s commitment to long-term growth, innovation, and market expansion in India’s electric vehicle (EV) space.
FAQs
What is the Ather Energy IPO?
The issue includes a fresh issue of 8.18 crore equity shares worth ₹2,626.00 crore and an offer for sale of 1.11 crore shares totaling ₹354.76 crore. The IPO opens for subscription on April 28, 2025, and closes on April 30, 2025.
What is the lot size for the IPO?
Ather Energy IPO lot size is 46, and the minimum amount required is ₹14,766.
When is Ather Energy IPO allotment?
The finalization of Basis of Allotment for Ather Energy IPO will be done on Friday, May 2, 2025, and the allotted shares will be credited to your demat account by Monday, May 5, 2025. Check the Ather Energy IPO allotment status.
How to apply in Ather Energy IPO through Angel One ?
Open the Angel One app or website and log in with your credentials. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
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