🚀 Ather Energy IPO: Opportunity or Overhyped?
Electric scooter maker Ather Energy is all set to hit the Indian stock markets with its much-anticipated IPO. However, a sudden dip in the Grey Market Premium (GMP) has raised eyebrows. Should retail investors still subscribe to the issue, or is caution advised? Let’s dive into Ather’s financials, growth prospects, competitive risks, and everything you need to know before making a decision.
Ather Energy IPO Details
The Ather Energy IPO is all set to open on April 28, 2025, and close on April 30, 2025. It aims to raise ₹2,980 crores, with a price band fixed between ₹304 to ₹321 per share.
Grey Market Premium (GMP) Trend 📉
The IPO has seen a lot of buzz, but its GMP (Grey Market Premium) tells a different story. Initially, the Ather Energy IPO GMP touched a high of ₹40 on April 22. However, by April 26, it plunged to just ₹5, reflecting the market’s wary stance amid external uncertainties.
If we look at the day-by-day movement, the trend has been worrying for hopeful investors. Here’s how the Ather Energy IPO GMP performed:
| Date | IPO GMP | GMP Trend |
| April 26, 2025 | ₹5 | Downside |
| April 25, 2025 | ₹5 | Downside |
| April 24, 2025 | ₹10 | Downside |
| April 23, 2025 | ₹20 | Downside |
| April 22, 2025 | ₹40 | Upside |
Such a consistent drop hints that investors are taking a cautious approach, given the rising border tensions and global market cues.
Ather Energy IPO Latest GMP, Kostak, and Expected Returns
As of today, the Ather Energy IPO GMP stands at ₹5. The Kostak rate remains unavailable, while the Subject to Sauda rate is ₹200. This indicates that grey market players are offering a slight premium for confirmed allotments.
Expected returns are a modest 2% based on the current premium. While these figures may sound low, seasoned investors know that IPOs can often spring surprises after listing.
Ather Energy IPO Dates
| IPO Open Date | April 28, 2025 |
| IPO Close Date | April 30, 2025 |
| Basis of Allotment | May 1, 2025 |
| Refunds | May 2, 2025 |
| Credit to Demat Account | May 2, 2025 |
| IPO Listing Date | May 5, 2025 |
How to Apply for the Ather Energy IPO?
Applying for the Ather Energy IPO is simple. You can apply through Net Banking using ASBA services or through UPI via broker apps like Zerodha, Groww, and Upstox.
It is crucial to approve your UPI mandate by 5 PM on April 30, 2025, to ensure your application is valid. Missing this step could mean missing out on potential gains!
Final Thoughts
While the falling GMP might make some investors nervous, it also opens the door for smart, long-term investors to pick a potential future leader at reasonable valuations. Remember, IPOs are just one way to build wealth, but sound research and patience always pay off in the long run. Happy investing!
📚 FAQs about Ather Energy IPO GMP
Q1. What is the Ather Energy IPO GMP today?
As of April 26, 2025, the Ather Energy IPO GMP stands at ₹5.
Q2. What is the Kostak Rate for the Ather Energy IPO?
Currently, there is no available Kostak Rate for the Ather Energy IPO.
Q3. What is the Subject to Sauda Rate for the Ather Energy IPO?
The Subject to Sauda rate is ₹200 today, indicating the premium for confirmed allotments.
Q4. What are the expected returns from the Ather Energy IPO?
Expected returns are approximately 2% based on the latest GMP figures.
Q5. When will the Ather Energy IPO listing take place?
The IPO is scheduled to list on the stock exchanges on May 5, 2025.
