India’s buzzing IPO market has yet another head-turner — Ather Energy IPO allotment status is expected to be released shortly. Investors who subscribed to this electric vehicle startup’s Rs 2,981 crore issue are now eagerly waiting for the final allotment. The IPO, which ran from April 28 to April 30, 2025, saw an overall subscription of 1.43 times, with strong retail enthusiasm leading the charge. If you’ve applied, here’s everything you need to know — from allotment details to listing dates and GMP updates.
IPO Subscription Status & Retail Participation: A Closer Look
Ather Energy’s IPO saw impressive participation from retail investors, with a 1.78 times oversubscription. Qualified Institutional Buyers (QIBs) followed closely at 1.70 times, showing institutional confidence in India’s EV future. However, Non-Institutional Investors (NIIs) showed moderate interest, subscribing to just 66% of their quota.
The IPO was structured as a mix — a fresh issue of ₹2,626 crore and an Offer for Sale (OFS) worth ₹354.76 crore. With India’s growing shift to electric mobility, retail investors are betting big on Ather’s long-term growth story.
Ather Energy IPO Latest GMP, Price Band & Investment Insights
Ather Energy set its price band between ₹304 and ₹321 per share. For retail investors, the minimum lot size was 46 shares, requiring an investment of ₹13,984. To improve allotment chances, many bid at the cutoff price of ₹14,766.
Here’s a quick breakdown for bigger players:
- sNII (Small NIIs): ₹2,06,724 for 14 lots (644 shares)
- bNII (Big NIIs): ₹10,04,088 for 68 lots (3,128 shares)
While exact GMP (Grey Market Premium) may vary daily depending upon the market scenario, how-so-ever, latest GMP hovers around +/-₹5;
Ather Energy IPO Allotment Date & How to Check Status Online
The allotment status will likely be finalized soon, probably by May 05, with listing scheduled for May 6, 2025 on both NSE and BSE. If you’re among the eager applicants, here’s how to check your allotment status on BSE:
- Visit: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ under Issue Type
- Choose ‘Ather Energy Limited’ from the dropdown
- Enter your Application Number or PAN
- Complete the CAPTCHA and click ‘Search’
Successful applicants will receive shares in their Demat accounts by May 5, while refunds for unallotted applications will also be processed the same day.
Ather Energy IPO Dates
| IPO Open Date | April 28, 2025 |
| IPO Close Date | April 30, 2025 |
| Basis of Allotment | May 2, 2025 |
| Refunds | May 5, 2025 |
| Credit to Demat Account | May 5, 2025 |
| IPO Listing Date | May 6, 2025 |
Final Thoughts: What to Expect on Listing Day
With the IPO gaining solid traction from retail and institutional investors, Ather Energy could witness a robust listing. The company is at the forefront of India’s EV revolution, and its debut on the exchanges might offer decent listing gains. For now, keep your PAN and application details handy — the Ather Energy IPO allotment update is just around the corner.
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
