Price Band
₹304 - ₹321
Lot Size
46
Issue Size
₹2980.76 Cr
GMP
N/A
Subscription
1.50x
Analyzing...
IPO Schedule
1
Open
28 Apr 2025
2
Close
30 Apr 2025
3
Allotment
-
4
Listing
6 May 2025
About Ather Energy
Ather Energy is a prominent Indian electric scooter manufacturer, known for its technologically advanced and performance-oriented electric two-wheelers. The company focuses on designing, developing, and manufacturing its own electric vehicles and charging infrastructure.
Key Strengths
- Strong brand recognition and customer loyalty in the electric scooter segment.
- Focus on technology and innovation, leading to advanced features and performance.
- Integrated approach with in-house design, manufacturing, and charging infrastructure development.
- Growing demand for electric vehicles in India driven by environmental concerns and government incentives.
- Established charging network and expanding retail presence.
Risk Factors
- •Intense competition from established players and new entrants in the electric vehicle market.
- •Dependence on government subsidies and incentives for electric vehicles.
- •Supply chain disruptions and availability of key components like batteries.
- •High capital expenditure requirements for expansion of manufacturing capacity and charging infrastructure.
Valuation Analysis
Given the absence of profitability metrics (ROE and P/E are N/A), a traditional valuation is challenging. Investors should carefully consider the company's growth potential and market share gains within the rapidly evolving EV landscape while keeping in mind the IPO price range.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE0LEZ01016
NSE SymbolATHERENERG
Face Value₹1
Lot Size46
Issue Size₹2980.76 Cr
Key Metrics
Industry P/E20
EPS-47.00
Debt/Equity1.2
Subscription
Total0.17x
Imbalance Ratio7.2x
Documents
RHP not available
Key Dates
Open Date28 Apr 2025
Close Date30 Apr 2025
Listing6 May 2025