Ather Energy IPO Allotment Status: Latest Updates and How to Check Online
Investors eagerly awaiting the Ather Energy IPO allotment status can expect updates soon as the electric vehicle (EV) giant finalizes share allocations today, May 2, 2025. The Initial Public Offering (IPO), which ran from April 28 to April 30, has drawn significant attention due to Ather Energy’s prominence in India’s booming EV market. Here’s everything you need to know about the allotment process, grey market premium (GMP), and steps to check your status online.
Allotment Finalization Underway
The Ather Energy IPO allotment is set to be completed on Friday, May 2, following the closure of its subscription window. The ₹2,981.06 crore issue, comprising a fresh issue of ₹2,626.30 crore and an offer-for-sale (OFS) of 1.11 crore shares, saw a subscription rate of 1.43 times. Retail investors led the charge with a 1.78 times subscription, while Qualified Institutional Buyers (QIBs) subscribed 1.70 times. Non-Institutional Investors (NIIs) showed a more reserved response at 0.66 times. With the allotment now in progress, successful applicants can expect shares to be credited to their Demat accounts by May 5, with refunds processed on the same day.
Grey Market Premium (GMP) Insights
As of May 2, the grey market premium for Ather Energy shares remains muted, hovering at ₹0 to ₹2 per share. This suggests a flat to slightly positive listing, potentially around ₹321–₹323 per share, based on the upper price band of ₹304–₹321. While GMP is not an official indicator, it reflects investor sentiment in the unlisted market ahead of the stock’s debut on the BSE and NSE, scheduled for May 6, 2025.
How to Check Ather Energy IPO Allotment Status Online
Investors can easily verify their share allocation through two primary platforms: the Bombay Stock Exchange (BSE) website and the registrar’s portal, managed by Link Intime India Private Ltd. Follow these simple steps:
Via BSE Website:
- Visit bseindia.com/investors/appli_check.aspx
- Select “Equity” under Issue Type.
- Choose “Ather Energy Limited” from the dropdown menu.
- Enter your Application Number or PAN.
- Complete the CAPTCHA and click “Search” to view your status.
Via Link Intime Website:
- Go to linkintime.co.in/initial_offer/public-issues.html
- Select “Ather Energy Limited” from the company list.
- Input your PAN, Application Number, or DP/Client ID.
- Hit “Submit” to check your allotment details.
Ensure you have your application details handy for a seamless experience. The process is quick, user-friendly, and accessible to all applicants.
What’s Next for Investors?
The listing on both BSE and NSE will be on May 6, while shares will be credited to Demat accounts of the allottees on May 5. Modest GMP suggests reasonably good debut, albeit with market playing a role in final outcome. Ather Energy, the company we recognize for the innovative electric scooters Ather 450X and Rizta, is taking advantage of India’s push towards sustainable motility and this IPO is a big deal for EV fans and investors.
To get the latest status of the Ather Energy IPO allotment, please visit the FinanceTract. com.
Disclaimer: This article should not be used as, and is not intended to provide, investment advice. Investing in the stock market involves risk and potential loss of principal, readers should consult a professional financial advisor before making any investment decisions.
