| Company Name | Ather Energy Limited |
| Open Date | 28-04-2025 |
| Close Date | 30-04-2025 |
| Exchange | BSE, NSE |
| Lot Size | 46 Shares |
| Issue Price | ₹304 to ₹321 per share |
| Issue Size | 9,28,67,945 shares |
| Application Amount | ₹14,766 - ₹1,91,958 (46 to 598 shares) |
| Recommendation | Neutral |
Ather Energy was originally incorporated on Oct 21, 2013. The registered office is located in Bengaluru, Karnataka. The company is engaged in the business of manufacturing, design and sell premium electric two-wheeler, battery packs, charging infrastructure, and supporting software systems. The company had 495 permanent employees, 602 contract personnel and 148 apprentices, interns and fixed term contract personnel as of Sep 30, 2024.
| KPI’s | FY 22 | FY 23 | FY 24 | Dec-24 |
| Revenue | 408.90 | 1,780.90 | 1,753.80 | 1,578.90 |
| EBITDA | -259.90 | -707.60 | -859.30 | -408.50 |
| Net Profit | -344.10 | -864.50 | -1,059.70 | -577.90 |
| RoCE | -72.68% | -85.70% | -120.18% | -26.32%* |
| ROE | -153.00% | -140.87% | -194.12% | -30.26%* |
| P/E | - | - | - | - |
| Opening Date | 28/04/2025 |
| Closing Date | 30-04-2025 |
| Basis of Allotment | 02-05-2025 |
| Initiation of Refunds | 05-05-2025 |
| Credit of Shares to Demat | 05-05-2025 |
| Listing Date | 06-05-2025 |
| Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India. |
| Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company. |
| Investment in research and development. |
| Expenditure towards marketing initiatives. |
| General corporate purposes. |
| Registered Office | Ather Energy Limited 3 rd Floor, Tower D, IBC Knowledge Park, #4/1 Bannerghatta Main Road, Bengaluru- 560029 |
| Phone | + 91 80 6646 5750 |
| cs@atherenergy.com | |
| Website | http://www.atherenergy.com/ |
| Ather Energy IPO DRHP |
| Ather Energy IPO RHP |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| atherenergy.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/Initial_Offer/public-issues.html |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
| Share Holding Pre Issue (Promoters) | 52.67% |
| Share Holding Post Issue (Promoters) | 42.09% |