Ather aims to use the proceeds to fund its Factory 3.0, R&D, marketing, and debt repayment
| Photo Credit:
Ather Energy Stocks Today, Ather Energy share price, Ather Energy IPO listing price updates: Shares of electric two-wheeler maker Ather Energy Ltd on Tuesday debuted with a premium of over 2 per cent against the issue price of ₹321. On the BSE, it started the trade at ₹326.05, up 1.57 per cent from the issue price.
On the NSE, it listed at ₹328, a premium of 2.18 per cent.
However, the stock erased listing gains and ended 7-9 per cent lower on bourses.
IPO subscription:
Ather Energy’s ₹2,981-crore IPO was subscribed 1.43 times on its final day, driven by strong interest from qualified institutional buyers (1.70x) and retail investors (1.78x), despite choppy market conditions. Non-institutional investors showed weaker interest with 66% subscription. The offer comprises a fresh issue of ₹2,626 crore and an offer-for-sale worth ₹354.8 crore by existing shareholders. Ather had earlier raised ₹1,340 crore from anchor investors.
Price band:
The IPO was priced at ₹304–321 per share, valuing the company at ₹11,956 crore at the upper band. This marked the first mainboard IPO of FY26 and the second electric two-wheeler company to go public, after Ola Electric.
Use of funds:
Ather aims to use the proceeds to fund its Factory 3.0, R&D, marketing, and debt repayment. While the company has shown strong growth, it remains unprofitable, and low EV penetration along with increasing competition suggests investors should remain cautious and look for clarity before investing.
- 16:00 | May 6, 2025
This live blog has ended.
- 16:00 | May 6, 2025
Ather Energy IPO Post-listing : Expert view
Gaurav Garg, Lemonn Markets Desk
Ather Energy made a muted debut on the stock market, opening with a modest 2% gain before slipping 8% intraday to close at approximately ₹303—below its lower issue price of ₹304. The IPO saw a lukewarm response, with the retail portion subscribed just 1.89 times and the HNI segment at a mere 0.69 times. The stock’s weak listing and subsequent dip reflect cautious investor sentiment around its steep valuation. However, continued downward pressure could help realign its valuation, potentially making it more attractive to value-conscious investors.
- 15:52 | May 6, 2025
Ather Energy share price, IPO Listing live: Shares end 7% lower on BSE
Shares of Ather Energy closed 7.22% lower on the BSE at ₹302.50, after listing at ₹326.05.
The stock listed at nearly 2% premium over the IPO price of ₹321.
On the NSE, the stock tumbled 8.54% to ₹300 (down from the listing price of ₹328)
- 14:47 | May 6, 2025
Ather Energy share price, IPO listing live: Highlights
Ather Energy Listing: Mr. Tarun Mehta (Executive Director & Chief Executive Officer, Ather Energy Limited); Mr. Swapnil Jain (Executive Director & Chief Technical Officer, Ather Energy Limited) Shri Ashish Kumar Chauhan (MD and CEO, NSE) and Dr. Harish Ahuja (Head, Sustainability Carbon & Power Markets, Listing ( IPOs), SSE, NSE) in the presence of family members during the lamp lighting ritual at the listing ceremony of Ather Energy Limited at NSE.
- 14:17 | May 6, 2025
Ather Energy share price live: Shares down 5% as at 2.15 pm
- 13:22 | May 6, 2025
Ather Energy share price live: Shares down 5%
Shares of Ather Energy fell 5.14% on the BSE to ₹309.30 as at 1.22 pm.
Day’s high: ₹332.90
Day’s low: ₹306
Open: ₹326.05
- 12:36 | May 6, 2025
Ather Energy share price live: Shares down on BSE
- 12:05 | May 6, 2025
Ather Energy IPO Listing, share price live: NSE greets Ather on listing
(Source: X/@NSEIndia)
- 12:00 | May 6, 2025
Ather Energy IPO Listing, share price live: Shares trade in negative territory
Shares of Ather Energy fell 4.79% to ₹312.30 on the NSE as at 11.59 am.
On the BSE, it fell 4.40% to ₹311.70.
- 11:32 | May 6, 2025
Ather Energy IPO listing live: Glimpse of listing ceremony
(Source: X/@NSEIndia)
- 11:02 | May 6, 2025
Ather Energy IPO Listing, share price live: Stock falls 5% post premium listing
Shares of Ather Energy slumped 4.92% on the NSE to ₹311.85 as at 11 am, after listing at ₹328 (against issue price of ₹321)
- 10:28 | May 6, 2025
Ather Energy IPO listing live: Climbs 2% in trading debut – Reuters
India’s Ather Energy rose 2% in pre-open market in its trading debut on Tuesday, as investors bet on the electric scooter maker’s research and development capabilities.
The stock listed at 328 rupees on the National Stock Exchange of India, higher than its offer price of 321 rupees.
The company’s initial public offering of $352 million – the third-largest in India this year – was hauled over the finish line by institutional investors such as Abu Dhabi Investment Authority and Temasek.
While some existing investors including GIC and Tiger Global sold shares in the IPO, Ather’s largest shareholder, Hero MotoCorp, did not.
Ather, one of the first companies to sell e-scooters in India in 2018, had reduced its IPO size by roughly 15% and cut its targeted valuation by 44%.
The company, whose founder refers to their tech-loaded scooters as the “Apple of electric two-wheelers”, is counting on newer models to turn profitable and close the gap with rivals Ola Electric, TVS Motor and Bajaj Auto .
The Bengaluru-based company will use most of the IPO proceeds to build a third factory and for R&D
Reuters
- 10:27 | May 6, 2025
Ather Energy IPO listing live: Listing on the NSE
Catch live action:
(Source: @NSEIndia)
- 10:15 | May 6, 2025
Ather Energy IPO Live: Shares dip after premium listing
Shares of Ather Energy traded at ₹324.90 on the BSE, down 0.35% of the listing price of ₹326.05.
The stock debuted at 1.5% premium over the IPO price of ₹321.
- 10:05 | May 6, 2025
Ather Energy IPO listing live: Shares list at premium
Shares of Ather Energy debuted on the NSE at ₹328 and on the BSE at ₹326.05, as against the IPO price of ₹321.
- 09:19 | May 6, 2025
Ather Energy listing: May be a low key affair
Shares of Ather Energy will be listed at the bourses today. The company has fixed the IPO price at ₹321, at the upper end of the ₹304-321 price band. The IPO saw lacklustre interest, especially from high net worth individuals; as it was subscribed just 1.43 times. Being the first IPO of the current fiscal and from the electric vehicle segment, there has been a lot of buzz ahead of the issue opening.
- 09:16 | May 6, 2025
Ather Energy IPO Listing live: Catch the live action
- 08:38 | May 6, 2025
Ather Energy listing today: Ventura recommends ‘subscribe for listing gains’ in Ather Energy IPO
Ather Energy Ltd. will open its initial public offering (IPO) for subscription on April 28, 2025, and close on April 30, 2025. The issue consists of a fresh issue aggregating ₹2,626 crore and an offer for sale worth ₹354.76 crore. The price band is set at ₹304–₹321 per share. Shares are proposed to be listed on the BSE and NSE.
Ventura recommends ‘subscribe for listing gains’ in Ather Energy IPO
Ventura Securities recommends ’subscribe for listing gains’ for the Ather Energy IPO, says firm has a premium product lineup, charging infrastructure, and R&D focus.
- 08:36 | May 6, 2025
Ather Energy listing today: Ather Energy IPO: ₹530-crore ESOP bonanza
EV two-wheeler major Ather Energy’s IPO will unlock ₹530 crore for its 1,300 employees who are under the company’s employee stock option plan (ESOP).
Ather Energy IPO: ₹530-crore ESOP bonanza
Ather Energy’s IPO to raise funds for new factory, debt reduction, and employee stock options, targeting EV market growth.
- 08:35 | May 6, 2025
Stock market live updates today: Nuvama recommends ‘subscribe’ for Ather Energy IPO on growth potential, margin gains
Ather Energy Ltd. will open its initial public offering on April 28, 2025, and close on April 30, 2025. The issue includes a fresh issue of ₹2,630 crore and an offer for sale of ₹350 crore. The price band is set at ₹304–₹321 per share, with proposed listing on the BSE and NSE.
Nuvama recommends ‘subscribe’ for Ather Energy IPO on growth potential, margin gains
Nuvama recommends ‘buy’ for Ather Energy IPO, says firm offers growth potential with expanding product platform, margin improvements, and capacity expansion strategies.
- 08:34 | May 6, 2025
Ather Energy listing day: Ather Energy IPO Highlights: IPO subscribed 1.43x
Ather Energy IPO Today, Ather Energy IPO GMP Subscription Day 3 Live Updates April 30, 2025: The ₹2,981-crore IPO of Ather Energy was subscribed 28 per cent on day 2. All eyes are on Ather Energy as this is the first IPO on the main board for FY26. Its grand success could trigger a slew of companies to launch IPOs soon.
Ather Energy IPO GMP Day 3 Updates: IPO Subscribed 1.43x, check GMP, subscription, price band, listing date and more
Ather Energy Stocks Today, Ather Energy IPO GMP Subscription Day 3 Live Updates 30th Apr 2025: The ₹2,981-crore IPO of Ather Energy was booked 28 per cent on Day 2. All eyes are on Ather Energy as this is the first IPO on the main board for FY26. Its grand success could trigger a slew of companies to launch IPOs soon. IPO details: The maker of electric two-wheelers (E2Ws) has fixed the price band at ₹304–321. The IPO comprises a ₹2,626-crore fresh issue and an offer-for-sale (OFS) of 1.1 crore equity shares by the promoters and other existing shareholders for ₹354.75 crore. The market lot is 46 shares. It had raised ₹1,340 crore from anchor investors, which included several marquee names. Read more It concludes on April 30, 2025. About the company: Ather Energy Ltd (AEL), incorporated in 2013, is a pioneer in the Indian electric two-wheeler (E2W) market.
- 08:31 | May 6, 2025
Ather Energy:
- 08:29 | May 6, 2025
Ather Energy: Ather Energy listing: May be a low key affair
Shares of Ather Energy will be listed at the bourses today. The company has fixed the IPO price at ₹321, at the upper end of the ₹304-321 price band. The IPO saw lacklustre interest, especially from high net worth individuals; as it was subscribed just 1.43 times. Being the first IPO of the current fiscal and from the electric vehicle segment, there has been a lot of buzz ahead of the issue opening.
Ather Energy listing: May be a low key affair
Ather Energy IPO listing today with lacklustre interest, potential flat to mildly negative listing expected, proceed allocation detailed.
Published on May 6, 2025
