Ather Energy IPO Allotment Finalized: Check Your Allotment Status
Ather Energy IPO: The allotment for the Initial Public Offering (IPO) of Ather Energy, an electric scooter manufacturer, is finalized. If you applied for this public issue, you can now check your allotment status. The company received a lower-than-expected response, with the issue subscribed only 1.50 times.
How to Check Ather Energy IPO Allotment Status?
If you invested in the Ather Energy IPO, you can check your allotment status on the BSE website or the IPO registrar Link Intime's website. You will need your application number, PAN number, or DP ID to check your status.
Checking Status on BSE:
- Visit the official BSE website: bseindia.com.
- Select "Equity" and choose "Ather Energy" in the "Issue Name" field.
- Enter your application number or PAN and click "Search".
- To check on Link Intime's website: Go to https://linkintime.co.in/initial_offer/public-issues.html and fill in the required information.
Ather Energy IPO Subscription Details:
The IPO received an overall subscription of 1.50x, which is relatively low. Retail investors showed the highest participation, with their portion subscribed 1.89 times. The Qualified Institutional Buyers (QIBs) portion was subscribed 1.76x, while the Non-Institutional Investors (NII) portion was subscribed only 0.69x.
The IPO opened on April 28th and closed on April 30th, 2025. According to the NSE, the issue received bids for a total of 7.67 crore shares, while the offer size was 5.33 crore shares.
Ather Energy IPO GMP (Grey Market Premium):
Unlisted shares of Ather Energy are currently trading flat at ₹321 in the grey market, indicating no premium or discount. This suggests that the company's shares may open at their issue price on the listing day.
Ather Energy IPO Details:
The IPO price band was fixed at ₹304 to ₹321 per share. One lot comprised 46 shares. The minimum investment amount for retail investors was ₹14,766. They could apply for a maximum of 13 lots, or 598 shares. The total issue size was approximately ₹2,980.76 crore. The shares will be listed on BSE and NSE on May 6th, 2025.
