Ather Energy IPO Allotment Status and GMP: All Eyes on the EV Leader’s Stock Market Debut
Ather Energy, the electric two-wheeler pioneer and one of India’s most talked-about EV startups, is all set to make its stock market debut. The IPO (Initial Public Offering), which generated considerable buzz across retail and institutional investor segments, has now moved to its next phase—checking allotment status and tracking the grey market premium (GMP) ahead of the listing. Let’s break down everything you need to know about Ather’s IPO journey, how to check if you’ve been allotted shares, what GMP looks like, and what to expect on listing day.
What Was the Ather Energy IPO All About?
Ather Energy is known for producing premium electric scooters such as the Ather 450X and 450S, and has steadily built a loyal customer base in India’s growing EV market. Backed by Hero MotoCorp and Tiger Global, the company has strong investor backing, which added to the hype around its IPO.
The IPO aimed to raise approximately ₹1,500 crore, consisting of a fresh issue and an offer for sale. The price band was set at ₹400 to ₹424 per share, and the lot size for retail investors was 35 shares per lot.
The offering was oversubscribed across all categories:
- Retail Individual Investors (RIIs): Oversubscribed 9 times
- Qualified Institutional Buyers (QIBs): Oversubscribed 15 times
- Non-Institutional Investors (NIIs): Oversubscribed 11 times
This high subscription hinted at strong confidence in the company’s long-term vision and its place in the EV segment.
How to Check Ather Energy IPO Allotment Status
The allotment for Ather Energy IPO has been finalized. Investors who applied can check their allotment status online using the following methods:
- Registrar’s Website
Visit the official website of the IPO registrar (Link Intime or KFin Technologies, depending on the listing documents) and use your PAN, application number, or DP/Client ID to check the status. - BSE Website
Go to https://www.bseindia.com/investors/appli_check.aspx
Select “Equity”, choose the IPO name (Ather Energy), and enter your application details. - Brokerage Platforms
Platforms like Groww, Zerodha, and Upstox also allow users to track allotment status directly from their dashboards.
If you’ve been allotted shares, they will be credited to your demat account before the listing date.
Ather Energy IPO GMP (Grey Market Premium) Update
One of the key indicators of investor sentiment around an IPO is the grey market premium (GMP)—the price at which shares trade unofficially before listing. As of May 5, the GMP for Ather Energy IPO is hovering between ₹80 and ₹100. This means the stock is expected to list at around ₹500–₹520 per share, well above its upper issue price of ₹424.
While GMP isn’t an official indicator and can be volatile, it often reflects strong market interest. Analysts note that the premium could be influenced by the company’s brand strength, the bullish sentiment around EV stocks, and recent market trends.
Listing Date: When Will Ather Energy Go Live?
Ather Energy is scheduled to list on the BSE and NSE on May 6, 2025. Given the positive GMP and overall investor enthusiasm, analysts are predicting a premium listing, possibly 15–20% higher than the issue price.
However, broader market conditions and investor sentiment on the listing day will also play a major role in actual performance. If the markets are strong and early trades go well, the stock could exceed expectations.
Final Thoughts
Ather Energy’s IPO marks an important moment not just for the company, but also for India’s EV sector. A successful listing would further cement Ather’s reputation as a leader in electric mobility and potentially boost interest in similar upcoming IPOs.
If you applied for the IPO, now is the time to check your allotment and prepare for listing day. If you missed out, it might still be worth watching the stock closely post-listing for long-term opportunities in the EV space. For more such updates keep reading on Socialindigo.