Ather Energy IPO Allotment Status: Your Guide to Checking & Understanding the GMP
The Ather Energy IPO, open for bidding from April 28th to April 30th, 2025, concluded with significant investor interest. The allotment process was finalized on May 2nd, 2025, paving the way for a tentative listing on the NSE and BSE on May 6th, 2025. This article provides a comprehensive guide to checking your Ather Energy IPO allotment status, understanding the Grey Market Premium (GMP), and assessing the overall investment outlook.
How to Check Your Ather Energy IPO Allotment Status
Checking your allotment status is straightforward. You can use one of three methods:
- NSE Website:
- Visit the NSE's IPO allotment verification page.
- Select “Equity & SME IPO bid details.”
- Select “ATHER” in Select Symbol.
- Enter your PAN and application number.
- Click “Submit.”
- BSE Website:
- Go to the BSE's IPO allotment page.
- Select “equity” as the issue type.
- Choose "Ather Energy Limited" from the dropdown menu.
- Enter your application number or PAN.
- Verify the captcha and click "Search."
- Link Intime India (Registrar):
- Visit the Link Intime IPO Application Status page.
- Select Ather Energy.
- Provide your PAN, application number, DP/Client ID, or account number and IFSC code.
- Click "Submit."
Refunds were processed on May 5th, 2025, and shares were credited to successful applicants' demat accounts on the same day.
Understanding the Ather Energy IPO GMP
The Grey Market Premium (GMP) is an unofficial indicator of market sentiment towards an IPO. It represents the difference between the expected listing price and the issue price. While the GMP is not a guaranteed prediction, it can offer insights into investor expectations. As of May 5th, 2025, Ather Energy's GMP was reported to be around ₹7, suggesting a potential listing price of approximately ₹328 (based on the upper price band of ₹321).
Important Note: The GMP is purely speculative and should not be the sole basis for your investment decisions. Always conduct thorough research and consider your own risk tolerance before investing.
Ather Energy: A Business Overview
Ather Energy is a prominent player in India's electric two-wheeler (E2W) market. Their portfolio includes the performance-oriented Ather 450 line and the family-focused Ather Rizta line. In FY24, they sold over 1.09 lakh E2Ws, solidifying their position as a significant player in the EV sector. The company's success is driven by its focus on innovation, technology, and a vertically integrated business model.
- Key Strengths: Strong brand recognition, innovative product line, vertically integrated model.
- Challenges: Competition in the growing E2W market, profitability.
Ather Energy IPO Details
The Ather Energy IPO was a book-built issue valued at ₹2,981.06 crores, comprising a fresh issue and an offer for sale. The price band was set at ₹304 to ₹321 per share. The IPO received a mixed response, with strong retail and QIB subscription but weaker participation from NIIs. The overall subscription was approximately 1.43 times.
Conclusion
The Ather Energy IPO concluded, and the allotment results are now available. Investors can check their allotment status using the methods described above. While the GMP offers a glimpse into market expectations, remember that it's not a foolproof indicator of listing day performance. Thorough research and a comprehensive understanding of the company's financials and market position are vital before making investment decisions.
Remember to always consult with a financial advisor before making any investment decisions.
